Hamilton Canadian Bank
Mean Reversion Index ETF

  • Ticker HCA

Launching soon: A smarter way to invest in Canadian banks

Toronto skyline evening

Coming Soon:

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

Outperformance of the Solactive Canadian Bank Mean Reversion Index vs. equal weight Cdn bank portfolio has been highest during credit downturns

Benefits of mean reversion have been greatest in periods of market turbulence relative to an equal weight portfolio of Canadian banks

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, which applies a variable-weight, mean reversion trading strategy to Canada’s “Big Six” banks, with monthly rebalancing.

We expect HCA to begin trading on the Toronto Stock Exchange in late June 2020.
Check back for more information.

  • 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.
TickerHCA (CAD)
ExchangeToronto Stock Exchange (TSX)
CUSIP40704K100
Inception DateTBD
Investment StyleIndex-based, mean reversion strategy
BenchmarkSolactive Canadian Bank Mean Reversion Index
AssetsTBD
YieldTBD
DistributionsMonthly
Management Fee0.45%
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP

Distributions

Distributions will be reported here, once available

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

Stay Informed!

We are Canada's leading specialists in the financials sector.
Subscribe to get notified of our latest insights, updates and upcoming events.