Hamilton Enhanced
Utilities ETF
Get More from Canadian Utilities
HIGHLIGHTS
Exposure to 12 high dividend-paying Canadian Utility, Telecom, and Pipeline companies
Modest 25% cash leverage to enhance yield and return potential
Yield of 7.00%*As at February 28, 2023 with monthly distributions
Solactive Canadian Utility Services High Dividend Index TR x 1.25 has outperformed the S&P/TSX Capped Utilities Index by 3.6%*Based on annualized returns since inception on December 7, 2011, as at February 28, 2023
A GOOD FIT FOR INVESTORS WHO WANT:
Stable and consistent dividends from a relatively defensive sector
Enhanced yield and growth potential
Favourable tax treatment of Canadian sourced dividends
FUND OBJECTIVE
The investment objective of HUTS is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a 1.25 times multiple of a rules-based utilities index, currently the Solactive Canadian Utility Services High Dividend Index TR (SOLCUHDT) by investing 125% of its net asset value in the Horizons Canadian Utility Services High Dividend Index ETF (ticker: UTIL), which will not charge any management fees to HUTS.
Performance
- TICKER HUTS
- NAV $13.71
- 1 DAY CHANGE -$0.02
-
YIELD *
Current annualized yield, as at February 28, 2023
7.00% - ASSETS $13.4M
Index Outperformance1
since August 2012
1Annualized returns based on the Solactive Canadian Utility Services High Dividend Index TR (SOLCUHDT) x 1.25 versus the S&P/TSX Capped Utilities Index (TTUTAR), from August 15, 2012 to February 28, 2023. Source: Bloomberg, Solactive AG, Hamilton ETFs
Higher Yield2
2Current annualized yields as at February 28, 2023. Source: Bloomberg, Hamilton ETFs
- Overview
- Distributions
- Documents
█ Telecommunication Services 25.5%
█ Utilities 49.8%
| ticker | name | weight |
| RCI/B | Rogers Communications Inc | 9.1% |
| EMA | Emera Inc | 8.8% |
| FTS | Fortis Inc/Canada | 8.6% |
| BIP-u | Brookfield Infrastructure Partners LP | 8.4% |
| PPL | Pembina Pipeline Corp | 8.3% |
| ENB | Enbridge Inc | 8.3% |
| T | TELUS Corp | 8.2% |
| H | Hydro One Ltd | 8.2% |
| BEP-u | Brookfield Renewable Partners LP | 8.2% |
| BCE | BCE Inc | 8.2% |
| TRP | TC Energy Corp | 8.1% |
| NPI | Northland Power Inc | 7.6% |
HUTS invests 125% of its net asset value in the Solactive Canadian Utility Services High Dividend Index TR (SOLCUHDT) via the Horizons Canadian Utility Services High Dividend Index ETF (ticker: UTIL), which does not charge any management fees to HUTS. Leverage is via cash borrowing (not derivatives), provided by a Canadian financial institution.
| Ticker | HUTS |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 40737J104 |
| Inception Date | September 1, 2022 |
| Investment Style | Index-based, modest 25% leverage |
| Index | Solactive Canadian Utility Services High Dividend Index TR |
| Assets | $13.4M CAD* |
| Current Annualized Yield | 7.00%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annual |
| Management Fee | 0.65%* |
| Risk Rating | Medium |
| Administrator | Horizons ETFs Management (Canada) Inc. |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 549300CVZNB3BWAKSN86 |
| Ex-Dividend Date | Paid | Frequency | Amount |
|---|---|---|---|
| 2023-02-27 | 2023-03-10 | Monthly | $0.079 |
| 2023-01-30 | 2023-02-10 | Monthly | $0.079 |
| 2022-12-29 | 2023-01-12 | Monthly | $0.079 |
| 2022-11-29 | 2022-12-12 | Monthly | $0.079 |
| 2022-10-28 | 2022-11-10 | Monthly | $0.079 |
| 2022-09-28 | 2022-10-13 | Monthly | $0.079 |
You can view public filings for the Hamilton Enhanced Canadian Utilities ETF on SEDAR.
Press Releases
View the latest HUTS Press Releases
Fact Sheet
HUTS Fact Sheet (2023-02-28) English Français
ETF Facts
HUTS ETF Facts (2022-08-17) English Français
Prospectus
HUTS Prospectus (2022-08-17) English Français
Latest Portfolio Summary
Q3 2022 Portfolio Summary (2022-09-30) Download
Independent Review Committee
2021 Annual Report to Securityholders (2022-03-21) Download