Hamilton Enhanced
Canadian Financials ETF
Get More from Canadian Banks & Insurers
HIGHLIGHTS
Equal-weight portfolio of Canada’s 12 largest financial services companies
Yield of 6.78%*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 August 31, 2023 with monthly distributions
Modest 25% cash leverage to enhance yield and return potential
Solactive Canadian Financials Equal-Weight Index TR x 1.25 has outperformed the S&P/TSX Capped Financials Index*Since inception on April 29, 2011, as at August 31, 2023
A GOOD FIT FOR INVESTORS WHO WANT
Attractive monthly distributions
Enhanced yield and growth potential
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 $13.04
- 1 DAY CHANGE +$0.13
-
YIELD *
Current annualized yield, as at August 31, 2023
6.78% - ASSETS $94.6M
Annualized Returns
- ticker 0.00%
- 1 month -4.43%
- 3 months 3.22%
- 6 months -2.83%
- year to date 8.07%
- 1 year 8.00%
- inception* -5.22%
- as of date 202300.00%
Index Outperformance1
since April 2011
1Annualized returns based 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), at August 31, 2023. 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 August 31, 2023. Source: Bloomberg, Hamilton ETFs
- Overview
- Distributions
- Documents
█ Banks 48.4%
█ Insurance 42.6%
| ticker | name | weight |
| FFH | Fairfax Financial Holdings | 12.3% |
| BN | Brookfield Corp | 11.4% |
| TD | Toronto-Dominion Bank | 10.7% |
| GWO | Great-West Lifeco | 10.7% |
| SLF | Sun Life Financial | 10.6% |
| BNS | Bank of Nova Scotia | 10.3% |
| CM | Canadian Imperial Bank of Commerce | 10.1% |
| BMO | Bank of Montreal | 10.1% |
| MFC | Manulife Financial | 10.0% |
| NA | National Bank of Canada | 9.9% |
| IFC | Intact Financial | 9.8% |
| RY | Royal Bank of Canada | 9.6% |
| Ticker | HFIN |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407364108 |
| Inception Date | January 26, 2022 |
| Investment Style | Index-based |
| Benchmark | Solactive Canadian Financials Equal-Weight Index TR |
| Assets | $94.6M CAD* |
| Current Annualized Yield | 6.78%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annual |
| Management Fee | 0.65% |
| Risk Rating | Medium to High |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 549300COL2AQM2EJU464 |
| Ex-Dividend Date | Paid | Frequency | Amount |
|---|---|---|---|
| 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 |
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 (2023-08-31) English Français
ETF Facts
HFIN ETF Facts (2023-01-13) English Français
Prospectus
HFIN Prospectus (2023-01-13) English Français
Financial Statements
Annual Financial Statements (2022-12-31) English Français
Interim Financial Statements (2023-06-30) English Français
Latest Portfolio Summary
Q1 2023 Portfolio Summary (2023-03-31) Download
Independent Review Committee
2022 Annual Report to Securityholders (2023-03-21) Download