Hamilton Enhanced
Canadian Financials ETF

  • Ticker HFIN
  • Yield % 6.61

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HFIN | Hamilton Enhanced Canadian Financials ETF

HIGHLIGHTS

Equal-weight portfolio of Canada’s 12 largest financial services companies

Yield of 6.61%*As at July 29, 2022 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 July 29, 2022

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 $14.38
  • CHANGE +$0.04
  • YIELD *

    As at July 29, 2022

    6.61%
  • ASSETS $27.0M

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 July 29, 2022. Source: Bloomberg, Solactive AG, Hamilton ETFs

Higher Yield2

 

2Canadian Financials as represented by the S&P/TSX Capped Financials Index (SPTSFN), at July 29, 2022. Source: Bloomberg, Hamilton ETFs

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at July 29, 2022

  Asset Management 8.7%
  Banks 49.8%
  Insurance 41.5%

Holdings

As at July 29, 2022

tickernameweight
IFCIntact Financial9.4%
NANational Bank of Canada8.8%
BAM/ABrookfield Asset Management8.7%
BNSBank of Nova Scotia8.5%
RYRoyal Bank of Canada8.5%
MFCManulife Financial8.2%
BMOBank of Montreal8.2%
SLFSun Life Financial8.2%
POWPower Corp of Canada8.0%
CMCanadian Imperial Bank of Commerce8.0%
TDToronto-Dominion Bank7.9%
GWOGreat-West Lifeco7.7%

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.
TickerHFIN
ExchangeToronto Stock Exchange (TSX)
CUSIP407364108
Inception DateJanuary 26, 2022
Investment StyleIndex-based
BenchmarkSolactive Canadian Financials Equal-Weight Index TR
Assets$27.0M CAD*
Yield6.61%*
DistributionsMonthly
RebalancingSemi-Annual
Management Fee0.65%
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP

Distributions

HFIN distributions are 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
2022-07-282022-08-11Monthly$0.0750
2022-06-292022-07-13Monthly$0.0750
2022-05-302022-06-10Monthly$0.0725
2022-04-282022-05-11Monthly$0.0725
2022-03-302022-04-12Monthly$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 (2022-07-29) English Français

ETF Facts

HFIN ETF Facts (2022-01-31) English Français

Prospectus

HFIN Prospectus (2022-01-19) English Français

Latest Portfolio Summary

Q1 2022 Portfolio Summary (2022-03-31) Download

Independent Review Committee

2021 Annual Report to Securityholders (2022-03-21) Download

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