Hamilton Enhanced
Multi-Sector
Covered Call ETF

  • Ticker HDIV
  • Yield % 8.48

Delivering You More Income, Every Month

Covered Call ETFs HDIV

Highlights:

Yield of 8.48%*As at November 30, 2021 with monthly distributions

Before leverage, the Solactive Multi-Sector Covered Call ETFs Index outperformed the S&P/TSX 60 since inception (2015)

Equal weighted portfolio of 7 sector covered call ETFs

Modest cash leverage of 25% to enhance yield and growth potential

A GOOD FIT FOR INVESTORS WHO WANT:

Attractive monthly distributions

Sector diversification broadly similar to S&P/TSX 60 with higher yield

Increased growth potential vs individual covered call ETFs

Higher yielding alternative vs broad-based index ETFs and individual covered call strategies

FUND OBJECTIVE

The fund seeks to replicate a 1.25 times multiple of the Solactive Multi-Sector Covered Call ETFs Index (SOLMSCCT), comprised of equal weightings of 7 Canadian-listed sector covered call ETFs.

Performance

  • TICKER HDIV
  • NAV $17.07
  • CHANGE +$0.26
  • YIELD *

    As at November 30, 2021

    8.48%
  • ASSETS $90.7M

NAV History

As at November 30, 2021

Solactive Multi-Sector Covered Call ETFs Index vs. S&P/TSX 60

Growth of $100,000

Value of $100,000 invested since inception of Solactive Multi-Sector Covered Call ETFs Index (SOLMSCCT; Jul 31, 2015) vs S&P/TSX 60 as at September 30, 2021. Source: Bloomberg, Solactive AG

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at November 30, 2021

  Banks 14.5%
  Utilities 13.7%
  Health Care 13.7%
  Technology 15.7%
  Insurance 14.1%
  Gold 12.9%
  Energy 15.4%

Top Holdings

As at November 30, 2021

tickernameweight
HTAHarvest Tech Achievers Growth & Income ETF15.7%
NXFCI Energy Giants Covered Call ETF15.4%
ZWBBMO Covered Call Canadian Banks ETF14.5%
FLICI U.S. & Canada Lifeco Income ETF14.1%
ZWUBMO Covered Call Utilities ETF13.7%
HHLHarvest Healthcare Leaders Income ETF13.7%
HEPHorizons Enhanced Income Gold Producers ETF12.9%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHDIV (CAD)
ExchangeToronto Stock Exchange (TSX)
CUSIP407362102
Inception DateJuly 19, 2021
Investment StylePassive, equal-weight
IndexSolactive Multi-Sector Covered Call ETFs Index
Assets$90.7M CAD*
Yield8.48%*
DistributionsMonthly
Rebalancing FrequencySemi-Annually
Management Fee0.65%
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP

Distributions

HDIV distributions will be 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 DatePaidFrequencyAmount
2021-11-292021-12-10Monthly$0.1175
2021-10-282021-11-10Monthly$0.1175
2021-09-282021-10-13Monthly$0.1175
2021-08-302021-09-13Monthly$0.1175

You can view public filings for the Hamilton Enhanced Multi-Sector Covered Call ETF on SEDAR.

Press Releases

View the latest HDIV Press Releases

Fact Sheet

HDIV Fact Sheet (2021-10-29) English Français

ETF Facts

HDIV ETF Facts (2021-07-08) English Français

Prospectus

HDIV Prospectus (2021-07-08) English Français

Latest Portfolio Summary

Q3 2021 Portfolio Summary (2021-09-30) Download

Independent Review Committee

2020 Annual Report to Securityholders (2021-03-04) Download

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