Hamilton U.S. Financials
YIELD MAXIMIZER™
ETF

  • Ticker FMAX
  • Last Distribution $0.162

Maximize Income from U.S. Financials

FMAX FACT SHEET (English)
FMAX FACT SHEET (Français)
YIELD MAXIMIZER ETFs

HIGHLIGHTS

Last Distribution of $0.162*Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.; monthly distributions

Exposure to the largest financial services companies in the U.S.

Active covered call strategy managed by an experienced options team led by Nick Piquard, with 25+ years of experience specializing in options

A GOOD FIT FOR INVESTORS WHO WANT

Attractive monthly income

Tax efficient distributions

Modest long-term growth potential

Reduced volatility from options strategy

INVESTMENT OBJECTIVE

FMAX is designed to deliver attractive monthly income while providing exposure to an equal-weight portfolio of U.S. financial services companies. To reduce volatility and augment dividend income, FMAX will employ an active covered call strategy.

FMAX does not use leverage.

Performance

  • TICKER FMAX
  • NAV $17.25
  • 1 DAY CHANGE -$0.05
  • LAST DISTRIBUTION *

    Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.

     $0.162
  • ASSETS $70.5M

Higher Monthly Income

What Makes FMAX Different?

  • Overview
  • Distributions
  • Documents

Holdings

As at August 30, 2024

tickernameweight
PGRProgressive Corp/The5.6%
JPMJPMorgan Chase & Co5.5%
AXPAmerican Express Co5.5%
FIFiserv Inc5.4%
SPGIS&P Global Inc5.4%
MSMorgan Stanley5.4%
BRK/BBerkshire Hathaway Inc5.3%
ICEIntercontinental Exchange Inc5.3%
GSGoldman Sachs Group Inc/The5.3%
BACBank of America Corp5.3%
BLKBlackRock Inc5.2%
BXBlackstone Inc5.2%
MMCMarsh & McLennan Cos Inc5.1%
CBChubb Ltd5.1%
CCitigroup Inc4.7%
WFCWells Fargo & Co4.7%
CMECME Group Inc4.7%
MAMastercard Inc4.7%
VVisa Inc4.4%
SCHWCharles Schwab Corp/The4.3%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerFMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP407851104
Inception DateFebruary 6, 2024
Investment StyleU.S. Financials, Covered Call
Assets$70.5M CAD*
DistributionsMonthly
Currency HedgingNone
RebalancingSemi-annual
Management Fee0.65%
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier254900WDRK09FX1X1Y60

Distributions

FMAX distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage.
Ex-Dividend DatePay DateFrequencyAmount
2024-08-302024-09-09Monthly$0.1620
2024-07-312024-08-08Monthly$0.1615
2024-06-282024-07-08Monthly$0.1615
2024-05-312024-06-07Monthly$0.1630
2024-04-292024-05-07Monthly$0.1630
2024-03-272024-04-05Monthly$0.1605
2024-02-282024-03-07Monthly$0.1600

You can view public filings for the Hamilton U.S. Financials YIELD MAXIMIZER™ ETF on SEDAR+.

Press Releases

View the latest FMAX Press Releases

Fact Sheet

FMAX Fact Sheet (2024-08-30) English Français

ETF Facts

FMAX ETF Facts (2024-01-12) English Français

Prospectus

FMAX Prospectus (2024-01-12) English Français

Financial Statements

Interim Financial Statements (2024-06-30) English Français

Latest Portfolio Summary

Q1 2024 Portfolio Summary (2024-03-31) Download

Proxy Voting

Proxy Voting Report (2023-07 to 2024-06) Download

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