Hamilton Healthcare
YIELD MAXIMIZER™
ETF

  • Ticker LMAX
  • Last Distribution $0.158

Maximize Income from Healthcare Leaders

HIGHLIGHTS

Last Distribution of $0.158*Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.; monthly distributions

Exposure to the largest healthcare companies in the U.S.

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

Attractive monthly income

Tax efficient distributions

Modest long-term growth potential

Reduced volatility from options strategy

INVESTMENT OBJECTIVE

LMAX is designed for attractive monthly income, while providing exposure to an equal-weight portfolio of primarily U.S. large-cap healthcare companies. To reduce volatility and augment dividend income, LMAX will employ an active covered call strategy.

LMAX does not use leverage.

Performance

  • TICKER LMAX
  • NAV $16.07
  • 1 DAY CHANGE +$0.03
  • LAST DISTRIBUTION *

    Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.

    $0.158
  • ASSETS $122.0M

Higher Monthly Income

What Makes LMAX Different?

  • Overview
  • Distributions
  • Documents

Holdings

As at June 28, 2024

tickernameweight
LLYEli Lilly & Co6.1%
ISRGIntuitive Surgical Inc5.8%
REGNRegeneron Pharmaceuticals Inc5.7%
BSXBoston Scientific Corp5.6%
ELVElevance Health Inc5.5%
VRTXVertex Pharmaceuticals Inc5.4%
UNHUnitedHealth Group Inc5.3%
PFEPfizer Inc5.2%
DHRDanaher Corp5.2%
MRKMerck & Co Inc5.0%
AMGNAmgen Inc5.0%
ABBVAbbVie Inc4.9%
SYKStryker Corp4.9%
TMOThermo Fisher Scientific Inc4.9%
JNJJohnson & Johnson4.8%
MDTMedtronic PLC4.7%
CICigna Group/The4.7%
ABTAbbott Laboratories4.6%
BMYBristol-Myers Squibb Co4.1%
CVSCVS Health Corp3.9%

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.
TickerLMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP406919100
Inception DateFebruary 6, 2024
Investment StyleHealthcare, Covered Call
Assets$122.0M CAD*
DistributionsMonthly
Currency HedgingNone
RebalancingSemi-annual
Management Fee0.65%
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier254900Q4N3BE15RJTE17

Distributions

LMAX 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.
Ex-Dividend DatePaidFrequencyAmount
2024-06-282024-07-08Monthly$0.1580
2024-05-312024-06-07Monthly$0.1600
2024-04-292024-05-07Monthly$0.1550
2024-03-272024-04-05Monthly$0.1475
2024-02-282024-03-07Monthly$0.1466

You can view public filings for the Hamilton Healthcare YIELD MAXIMIZER™ ETF on SEDAR+.

Press Releases

View the latest LMAX Press Releases

Fact Sheet

LMAX Fact Sheet (2024-05-31) English Français

ETF Facts

LMAX ETF Facts (2024-01-12) English Français

Prospectus

LMAX Prospectus (2024-01-12) English Français

Latest Portfolio Summary

Q1 2024 Portfolio Summary (2024-03-31) Download

    Stay Informed!

    We are Canada's leading specialists in the financials sector.
    Subscribe to get notified of our latest insights, updates and upcoming events.