Hamilton Canadian Financials Index ETF

  • Ticker HFN

Coming Soon: Low-Cost Exposure to Canadian Financials

HIGHLIGHTS

0% management fee through January 31, 2026*Annual management fee rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026

Index outperformance vs. S&P/TSX Capped Financials Index*From April 29, 2011, to December 31, 2024. The Solactive Canadian Financials Equal-Weight Index has outperformed the S&P/TSX Capped Financials Equal-Weight Index. It is not a projection of future index performance, nor does it reflect potential returns on investments in the Fund. Solactive Canadian Financials Equal-Weight Index performance data from April 29, 2011 to January 4, 2022 is hypothetical back-tested data using actual historical market data. Source: Bloomberg, Solactive.

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

Anticipated launch date: Jan 21, 2025

A GOOD FIT FOR INVESTORS WHO WANT

Low-cost exposure to Canada’s largest Canadian financial services companies

Added diversification from banks, insurers, and asset management

Tax efficiency from Canadian eligible dividends

Attractive monthly income

FUND OBJECTIVE

HFN seeks to replicate the Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT), comprised of equal-weightings of the top 12 largest Canadian financial services companies.

Available with modest 25% leverage (HFIN)

Index Outperformance1

Since April 2011

Low-Cost Canadian Financials ETF2

 

DISCLAIMER1. The graph illustrates the growth of an initial $10,000 investment from April 29, 2011 to December 31, 2024. The graph showing the Solactive Canadian Financials Equal-Weight Index and the S&P/TSX Capped Financials Equal-Weight Index rate of return is intended solely to demonstrate the historical impact of the index’s compound growth rate. It is not a projection of future index performance, nor does it reflect potential returns on investments in the Fund. Investors cannot directly invest in the index. All performance data assumes reinvestment of distributions, and excludes management fees, transaction costs, and other expenses which would have impacted an investors results. Solactive Canadian Financials Equal-Weight Index performance data from April 29, 2011 to January 4, 2022 is hypothetical back-tested data using actual historical market data. Actual performance may have been different had the index been live during that period. Source: Bloomberg, Solactive. 2. Annual management fee rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026

  • Overview
  • Distributions
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Indicative Sector Allocation

As at December 31, 2024

  Asset Management 8.9%
  Banks 48.6%
  Insurance 42.4%

Indicative Holdings

As at December 31, 2024

tickernameweight
BNBrookfield Corp8.88%
FFHFairfax Financial Holdings8.72%
MFCManulife Financial8.72%
SLFSun Life Financial8.64%
BNSBank of Nova Scotia8.48%
GWOGreat-West Lifeco8.40%
RYRoyal Bank of Canada8.08%
BMOBank of Montreal8.00%
NANational Bank of Canada8.00%
CMCanadian Imperial Bank of Commerce8.00%
TDToronto-Dominion Bank7.84%
IFCIntact Financial7.76%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHFN
ExchangeToronto Stock Exchange (TSX)
CUSIP406910109
Anticipated Launch DateJanuary 21, 2025
Investment StyleEqual-Weight, Index-based
BenchmarkSolactive Canadian Financials Equal-Weight Index TR
DistributionsMonthly
RebalancingSemi-Annually
Management Fee0.00%*
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier254900NRL7VSO0INFW35

Distributions

HFN 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. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePay DateFrequencyAmount
2025-02-282025-03-07Monthly$0.04667 (estimated)

You can view public filings for the Hamilton Canadian Financials Index ETF on SEDAR+.

Press Releases

View the latest HFN Press Releases

ETF Facts

HFN ETF Facts (2025-01-09) English Français

Prospectus

HFN Prospectus (2025-01-09) English Français

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