Hamilton Canadian
Financials YIELD
MAXIMIZER™ ETF
Maximize Income from Canadian Financials
HIGHLIGHTS
Yield of 14.16%*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
Diversified exposure to Canada’s 10 largest financials with approximately 70% exposure to the ‘big-5’ banks
Active covered call strategy managed by an experienced options team led by Nick Piquard, with 25+ years of experience specializing in options
A GOOD FIT FOR INVESTORS WHO WANT
Higher monthly income
Blue-chip Canadian banks/financials exposure
Tax efficient distributions
Reduced volatility from options strategy
FUND OBJECTIVE
HMAX is designed for attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services stocks. To reduce volatility and augment dividend income, HMAX will employ an active covered call strategy.
HMAX does not use leverage.
Performance
- TICKER HMAX
- NAV $14.38
- 1 DAY CHANGE -$0.08
-
YIELD % *
Current annualized yield.
14.16 - ASSETS $937.8M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month 4.18%
- 3 months 12.59%
- 6 months 10.62%
- year to date 15.41%
- 1 year 24.36%
- inception* 8.91%
- as of date 202400.00%
Attractive Monthly Income
What Makes HMAX Different?
- Overview
- Distributions
- Documents
█ Banks 72.5%
█ Insurance 17.1%
| ticker | name | weight |
| RY | Royal Bank of Canada | 25.1% |
| TD | Toronto-Dominion Bank | 15.7% |
| BN | Brookfield Corp | 12.4% |
| BNS | Bank of Nova Scotia | 9.6% |
| BMO | Bank of Montreal | 9.3% |
| CM | Canadian Imperial Bank of Commerce | 8.2% |
| MFC | Manulife Financial | 7.5% |
| IFC | Intact Financial | 4.9% |
| SLF | Sun Life Financial | 4.8% |
| NA | National Bank of Canada | 4.6% |
| Ticker | HMAX |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 40704M106 |
| Inception Date | January 20, 2023 |
| Investment Style | Covered Call |
| Assets | $937.8M CAD* |
| Target Yield | 13%+* |
| Current Annualized Yield | 14.16%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annual |
| Management Fee | 0.65% |
| Risk Rating | Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 549300MRZG8IKUDNCP20 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2024-09-27 | 2024-10-07 | Monthly | $0.1700 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1685 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.1695 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.1695 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.1715 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.1710 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1731 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.1730 |
| 2024-01-30 | 2024-02-09 | Monthly | $0.1746 |
| 2023-12-28 | 2024-01-08 | Monthly | $0.1745 |
| 2023-11-29 | 2023-12-07 | Monthly | $0.1745 |
| 2023-10-30 | 2023-11-07 | Monthly | $0.1775 |
| 2023-09-28 | 2023-10-06 | Monthly | $0.1775 |
| 2023-08-30 | 2023-09-08 | Monthly | $0.180 |
| 2023-07-28 | 2023-08-08 | Monthly | $0.180 |
| 2023-06-29 | 2023-07-10 | Monthly | $0.180 |
| 2023-05-30 | 2023-06-07 | Monthly | $0.180 |
| 2023-04-27 | 2023-05-05 | Monthly | $0.180 |
| 2023-03-30 | 2023-04-13 | Monthly | $0.185 |
| 2023-02-27 | 2023-03-10 | Monthly | $0.185 |
You can view public filings for the Hamilton Canadian Financials YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest HMAX Press Releases
Fact Sheet
HMAX Fact Sheet (2024-09-30) English Français
ETF Facts
HMAX ETF Facts (2024-01-12) English Français
Prospectus
HMAX 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