Hamilton Enhanced
Canadian Financials ETF
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HIGHLIGHTS
Top performing
Canadian financials ETF*Since inception on January 26, 2022 to September 30, 2024. Based on a universe of nine Canadian financials ETFs that trade on the Toronto Stock Exchange, including unlevered strategies. HFIN uses modest 25% cash leverage
Yield of 4.94%*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 September 30, 2024. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions
Equal-weight portfolio of Canada’s 12 largest financial services companies
Modest 25% cash leverage to enhance yield and return potential
A GOOD FIT FOR INVESTORS WHO WANT
Attractive monthly distributions
Enhanced yield and growth potential from modest 25% cash leverage
Diversified exposure to Canada’s
large-cap banks and insurers
FUND OBJECTIVE
HFIN seeks to replicate a 1.25 times multiple of the Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT), comprised of equal-weightings of the top 12 largest Canadian financial services companies, while adding modest 25% cash leverage to enhance growth potential and yield.
Performance
- TICKER HFIN
- NAV $18.23
- 1 DAY CHANGE +$0.07
-
YIELD % *
Current annualized yield.
4.94 - ASSETS $166.6M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month 7.07%
- 3 months 20.88%
- 6 months 17.16%
- year to date 28.35%
- 1 year 49.21%
- inception* 11.67%
- as of date 202400.00%
Benefits of Modest Leverage1
Since April 2011
1Based on Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT) x 1.25 and Canadian Financials as represented by the S&P/TSX Capped Financials Index (SPTSFN) from April 29, 2011 to September 30, 2024. Source: Bloomberg, Solactive AG, Hamilton ETFs
Higher Yield2
2Current annualized yield. Canadian Financials as represented by the S&P/TSX Capped Financials Index (SPTSFN), at September 30, 2024. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. Source: Bloomberg, Hamilton ETFs
- Overview
- Distributions
- Documents
█ Banks 49.6%
█ Insurance 41.2%
| ticker | name | weight |
| CM | Canadian Imperial Bank of Commerce | 11.4% |
| BN | Brookfield Corp | 11.4% |
| RY | Royal Bank of Canada | 11.2% |
| MFC | Manulife Financial | 11.1% |
| BNS | Bank of Nova Scotia | 10.4% |
| NA | National Bank of Canada | 10.2% |
| IFC | Intact Financial | 10.1% |
| GWO | Great-West Lifeco | 10.0% |
| FFH | Fairfax Financial Holdings | 9.9% |
| SLF | Sun Life Financial | 9.8% |
| TD | Toronto-Dominion Bank | 9.3% |
| BMO | Bank of Montreal | 8.8% |
| Total (including modest ~25% leverage) | 123.5% |
Please note the portfolio weights include modest ~25% leverage via cash borrowing (not derivatives), provided by a Canadian financial institution.
| Ticker | HFIN |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407364108 |
| Inception Date | January 26, 2022 |
| Investment Style | Index-based, modest 25% leverage |
| Benchmark | Solactive Canadian Financials Equal-Weight Index TR |
| Assets | $166.6M CAD* |
| Current Annualized Yield | 4.94%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annual |
| Management Fee | 0.65% |
| Risk Rating | Medium to High |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 549300COL2AQM2EJU464 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2024-09-27 | 2024-10-07 | Monthly | $0.0750 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.0750 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.0750 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.0750 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.0750 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.0750 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.0750 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.0750 |
| 2024-01-30 | 2024-02-09 | Monthly | $0.0750 |
| 2023-12-28 | 2024-01-08 | Monthly | $0.0750 |
| 2023-11-29 | 2023-12-07 | Monthly | $0.0750 |
| 2023-10-30 | 2023-11-07 | Monthly | $0.0750 |
| 2023-09-28 | 2023-10-06 | Monthly | $0.0750 |
| 2023-08-30 | 2023-09-08 | Monthly | $0.0750 |
| 2023-07-28 | 2023-08-08 | Monthly | $0.0750 |
| 2023-06-29 | 2023-07-10 | Monthly | $0.0750 |
| 2023-05-30 | 2023-06-07 | Monthly | $0.0750 |
| 2023-04-27 | 2023-05-05 | Monthly | $0.0750 |
| 2023-03-30 | 2023-04-13 | Monthly | $0.0750 |
| 2023-02-27 | 2023-03-10 | Monthly | $0.0750 |
| 2023-01-30 | 2023-02-10 | Monthly | $0.0750 |
| 2022-12-29 | 2023-01-12 | Monthly | $0.0750 |
| 2022-11-29 | 2022-12-12 | Monthly | $0.0750 |
| 2022-10-28 | 2022-11-10 | Monthly | $0.0750 |
| 2022-09-28 | 2022-10-13 | Monthly | $0.0750 |
| 2022-08-30 | 2022-09-13 | Monthly | $0.0750 |
| 2022-07-28 | 2022-08-11 | Monthly | $0.0750 |
| 2022-06-29 | 2022-07-13 | Monthly | $0.0750 |
| 2022-05-30 | 2022-06-10 | Monthly | $0.0725 |
| 2022-04-28 | 2022-05-11 | Monthly | $0.0725 |
| 2022-03-30 | 2022-04-12 | Monthly | $0.0725 |
| 2022-02-25 | 2022-03-10 | Monthly | $0.0725 |
You can view public filings for the Hamilton Enhanced Canadian Financials ETF on SEDAR+.
Press Releases
View the latest HFIN Press Releases
Fact Sheet
HFIN Fact Sheet (2024-09-30) English Français
ETF Facts
HFIN ETF Facts (2024-01-12) English Français
Prospectus
HFIN Prospectus (2024-01-12) English Français
Financial Statements
Annual Financial Statements (2023-12-31) English Français
Interim Financial Statements (2024-06-30) English Français
Latest Portfolio Summary
Q1 2024 Portfolio Summary (2024-03-31) Download
Proxy Voting
Proxy Voting Report (2023-07 to 2024-06) Download
Independent Review Committee
2023 Annual Report to Securityholders (2024-03-13) Download