Hamilton Canadian Bank
Mean Reversion Index ETF

Ticker HCA
Yield % 5.02

A smarter way to invest in Canadian banks

Highlights:

Exposure to Canada’s “Big Six” banks using a mean reversion strategy with monthly rebalancing

Potential for higher long-term returns and lower downside volatility

The Solactive Canadian Bank Mean Reversion Index TR has outperformed an equal weight portfolio of Canada’s banks –especially in turbulent times

Monthly distributions

What is Mean-Reversion?

Mean reversion is one of the most popular themes in Canadian bank investing, given the individual Canadian banks have tended to perform similarly over time.

HCA attempts to take advantage of these tendencies by rebalancing the portfolio monthly and investing 80% of the portfolio in the 3 banks which have recently underperformed, and 20% in the 3 banks which have outperformed.

FUND OBJECTIVE

The fund is designed to closely track the returns of the Solactive Canadian Bank Mean Reversion Index TR, which applies a variable-weight, mean reversion trading strategy to Canada’s “Big Six” banks, with monthly rebalancing.

Insights

Canadian Banks: Outperformance from Mean Reversion (in 7 Charts)More

Canadian Banks: Three Vulnerable Loan Exposures (in Charts)More

HCB | Hamilton Capital Canadian Bank Variable-Weight ETF

Hamilton ETFs Announces Proposed Merger of Hamilton Canadian Bank Variable-Weight ETF into Hamilton Canadian Bank Mean Reversion Index ETF More

HCA Commentary | All Insights & Commentary

Performance

As at October 19, 2020

TICKER HCA
NAV $16.90
CHANGE -$0.20
YIELD 5.02%
ASSETS $25.1M

Solactive Canadian Bank Mean Reversion Index TR vs Equal Weight Canadian Banks

Value of $100 invested since inception of Solactive Canadian Bank Mean Reversion Index TR (SOLCBMRT; Jan 1, 1990) vs equal weight portfolio of Canada’s “Big 5” banks, as at Sept 30, 2020. Source: Bloomberg, Solactive AG

Overview
Distributions
Documents

Fund Details

All Hamilton ETFs are available on the Toronto Stock Exchange (TSX) and can be used in DRIP, RRSP, RRIF, DPSP, RDSP, RESP and TFSA portfolios.

Ticker	HCA (CAD)
Exchange	Toronto Stock Exchange (TSX)
CUSIP	40704K100
Inception Date	June 26, 2020
Investment Style	Index-based, mean reversion strategy
Benchmark	Solactive Canadian Bank Mean Reversion Index
Assets	$26.7M CAD*
Yield	5.02%*As at Sept 30, 2020
Distributions	Monthly
Management Fee	0.45%
Administrator	Horizons ETFs Management (Canada) Inc.
Auditor	KPMG LLP

Distributions

HCA 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.

Ex-Dividend Date	Paid	Frequency	Amount
2020-09-30	2020-10-13	Monthly	$0.070
2020-08-28	2020-09-11	Monthly	$0.070
2020-07-30	2020-08-13	Monthly	$0.070

You can view public filings for the Hamilton Canadian Bank Mean Reversion Index ETF on SEDAR.

Press Releases

View the latest HCA Press Releases

ETF Facts

HCA Fact Sheet (2020-05-11) English Français

PROSPECTUS

HCA Prospectus (2020-05-11) English Français

Hamilton Canadian Bank Mean Reversion Index ETF