Hamilton U.S. Financials YIELD MAXIMIZER™ ETF
Maximize Income from U.S. Financials
HIGHLIGHTS
Yield of 10.29%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on March 31, 2025. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions
Exposure to the largest financial services companies in the U.S.
Active covered call strategy managed by options team with 40+ years of experience, led by Nick Piquard
A GOOD FIT FOR INVESTORS WHO WANT
Higher tax-efficient monthly income
Modest long-term growth potential
Reduced volatility from options strategy
Un-hedged exposure to U.S. financials
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 $17.79
- 1 DAY CHANGE +$0.00
-
YIELD % *
Current annualized yield.
10.29 - ASSETS $121.7M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month -5.38%
- 3 months 1.27%
- 6 months 14.86%
- year to date 1.27%
- 1 year 25.38%
- inception* 30.18%
- as of date 202500.00%
Higher Monthly Income
What Makes FMAX Different?
- Overview
- Distributions
- Documents
| ticker | name | weight |
| CB | Chubb Ltd | 5.3% |
| MMC | Marsh & McLennan Cos Inc | 5.3% |
| PGR | Progressive Corp/The | 5.3% |
| V | Visa Inc | 5.2% |
| BRK/B | Berkshire Hathaway Inc | 5.2% |
| MA | Mastercard Inc | 5.2% |
| SPGI | S&P Global Inc | 5.2% |
| FI | Fiserv Inc | 5.1% |
| CME | CME Group Inc | 5.1% |
| JPM | JPMorgan Chase & Co | 5.1% |
| ICE | Intercontinental Exchange Inc | 5.0% |
| BLK | Blackrock Inc | 5.0% |
| SCHW | Charles Schwab Corp/The | 5.0% |
| AXP | American Express Co | 5.0% |
| BAC | Bank of America Corp | 5.0% |
| MS | Morgan Stanley | 4.9% |
| WFC | Wells Fargo & Co | 4.9% |
| GS | Goldman Sachs Group Inc/The | 4.9% |
| C | Citigroup Inc | 4.9% |
| BX | Blackstone Inc | 4.9% |
| Ticker | FMAX |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407851104 |
| Inception Date | February 6, 2024 |
| Investment Style | U.S. Financials, Covered Call |
| Assets | $121.7M CAD* |
| Current Annualized Yield | 10.29%* |
| Distributions | Monthly |
| Currency Hedging | None |
| Rebalancing | Semi-annual |
| Management Fee | 0.65% |
| Risk Rating | Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 254900WDRK09FX1X1Y60 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2025-04-30 | 2025-05-07 | Monthly | $0.1640 |
| 2025-03-31 | 2025-04-07 | Monthly | $0.1640 |
| 2025-02-28 | 2025-03-07 | Monthly | $0.1650 |
| 2025-01-31 | 2025-02-07 | Monthly | $0.1640 |
| 2024-12-31 | 2025-01-08 | Monthly | $0.1630 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.1610 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1600 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1620 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1620 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.1615 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.1615 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.1630 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.1630 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1605 |
| 2024-02-28 | 2024-03-07 | Monthly | $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 (2025-03-31) English Français
ETF Facts
FMAX ETF Facts (2025-01-09) English Français
Prospectus
FMAX Prospectus (2025-01-09) English Français
Financial Statements & MRFP
Annual Report (2024-12-31) English Français
Interim Report (2024-06-30) English Français
Latest Portfolio Summary
Q3 2024 Portfolio Summary (2024-09-30) Download
Proxy Voting
Proxy Voting Report (2023-07 to 2024-06) Download
Independent Review Committee
2024 Annual Report to Securityholders (2025-03-11) Download