Hamilton Canadian Bank
Variable-Weight ETF

  • Ticker HCB
  • Yield % 3.92

A smarter way to invest in the Canadian banks

Highlights

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

3.92% dividend yield (monthly distributions)

Potential for higher long-term returns by capitalizing on the mean-reversion tendency of the Canadian banks

Reduced risk during periods of market stress

What is Mean-Reversion?

Over the years, buying the laggards and selling the outperformers has been one of the most popular themes in Canadian bank investing on the belief by investors that Canadian bank stocks will – over time – generate similar returns. This is called “mean reversion”.

HCB 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.

Portfolio Management

Babak Assadi, CFAJennifer Mersereau, FSA, CFA, ACIARobert Wessel, CA, CFAAditi Thapliyal, CFA, MBA

Babak Assadi, CFA
Jennifer Mersereau, FSA, CFA, ACIA
Rob Wessel, CA, CFA
Aditi Thapliyal, CFA, MBA

Our team has developed a rules-based strategy with automatic, monthly re-balancing.

Performance

  • TICKER HCB
  • NAV $14.92
  • CHANGE +$0.00
  • YIELD 3.92%
  • ASSETS $11.2M

NAV History

As at August 30, 2019

  • Overview
  • Distributions
  • Documents

Top Holdings

As at August 30, 2019

tickernamecountryweight
TDToronto-Domonion BankCanada27%
RYRoyal Bank of CanadaCanada27%
BMOBank of MontrealCanada27%
NANational Bank of CanadaCanada7%
CMCanadian Imperial Bank of CommerceCanada7%
BNSBank of Nova ScotiaCanada7%

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.
TickerHCB (CAD)
ExchangeToronto Stock Exchange (TSX)
CUSIP40703T102
Inception DateOctober 1, 2018
Investment StyleRules-based, mean-reversion strategy
Assets$11.2M CAD*
Yield3.92%*
DistributionsMonthly
Management Fee0.55%
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP

Distributions

Ex-Dividend DatePaidFrequencyAmount
2019-09-272019-10-10Monthly$0.04700
2019-08-292019-09-12Monthly$0.04700
2019-07-302019-08-13Monthly$0.04700
2019-06-272019-07-11Monthly$0.04700
2019-05-302019-06-12Monthly$0.04700
2019-04-292019-05-10Monthly$0.04700
2019-03-282019-04-10Monthly$0.04500
2019-02-272019-03-12Monthly$0.04500
2019-01-302019-02-12Monthly$0.04500
2018-12-282019-01-11Monthly$0.04200
2018-11-292018-12-12Monthly$0.04200
2018-10-302018-11-13Monthly$0.04200

You can view public filings for the Hamilton Capital Canadian Bank Variable-Weight ETF on SEDAR.

Press Releases

View the latest HCB Press Releases

ETF FACTS

HCB Fact Sheet (2019-08-07) English Français

PROSPECTUS

HCB Prospectus (2019-08-07) English Français

FINANCIAL STATEMENTS

Annual Financial Statements (2018-12-31) English Français
Interim Financial Statements (2019-06-30) English Français

LATEST PORTFOLIO SUMMARY

Q1 2019 Portfolio Summary (2019-03-31) Download

INDEPENDENT REVIEW COMMITTEE

2018 Annual Report to Securityholders (2019-02-28) Download

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