Hamilton Enhanced
Utilities ETF

  • Ticker HUTS
  • Yield % 6.98

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 6.98%*As at December 30, 2022 with monthly distributions

Solactive Canadian Utility Services High Dividend Index TR x 1.25 has outperformed the S&P/TSX Capped Utilities Index by 3.7%*Based on annualized returns since inception on December 7, 2011, as at December 30, 2022

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 $14.46
  • 1 DAY CHANGE -$0.03
  • YIELD *

    Current annualized yield, as at December 30, 2022

    6.98%
  • ASSETS $12.3M

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 December 30, 2022. Source: Bloomberg, Solactive AG, Hamilton ETFs

Higher Yield2

 

2Current annualized yields as at December 30, 2022. Source: Bloomberg, Hamilton ETFs

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at December 30, 2022

  Pipelines 25.2%
  Telecommunication Services 25.0%
  Utilities 49.9%

Index Holdings

As at December 30, 2022

tickernameweight
RCI/BRogers Communications Inc8.9%
FTSFortis Inc/Canada8.6%
ENBEnbridge Inc8.6%
PPLPembina Pipeline Corp8.5%
NPINorthland Power Inc8.5%
EMAEmera Inc8.5%
HHydro One Ltd8.5%
BCEBCE Inc8.1%
TRPTC Energy Corp8.1%
TTELUS Corp8.0%
BEP-uBrookfield Renewable Partners LP7.9%
BIP-uBrookfield Infrastructure Partners LP7.9%

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.

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.
TickerHUTS
ExchangeToronto Stock Exchange (TSX)
CUSIP40737J104
Inception DateSeptember 1, 2022
Investment StyleIndex-based, modest 25% leverage
IndexSolactive Canadian Utility Services High Dividend Index TR
Assets$12.3M CAD*
Current Annualized Yield6.98%*
DistributionsMonthly
RebalancingSemi-Annual
Management Fee0.65%*
Risk RatingMedium
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP
Legal Entity Identifier549300CVZNB3BWAKSN86

Distributions

HUTS 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
2023-01-302023-02-10Monthly$0.079
2022-12-292023-01-12Monthly$0.079
2022-11-292022-12-12Monthly$0.079
2022-10-282022-11-10Monthly$0.079
2022-09-282022-10-13Monthly$0.079

You can view public filings for the Hamilton Enhanced Canadian Utilities ETF on SEDAR.

Press Releases

View the latest HUTS Press Releases

ETF Facts

HUTS ETF Facts (2022-08-17) English Français

Fact Sheet

HUTS Fact Sheet (2022-12-30) 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

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