Hamilton Technology
Yield Maximizer ETF

  • Ticker QMAX
  • Target Yield 13%+

Higher Income from U.S. Tech Leaders

QMAX FACT SHEET (English)
QMAX FACT SHEET (Français)

HIGHLIGHTS

Target yield of 13%+ *An estimate of the annualized yield an investor would receive if the initial distribution remained unchanged for the next 12 months, stated as a percentage of the net asset value per unit on October 25, 2023; monthly distributions

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

Active covered call strategy managed by Nick Piquard, with 25+ years of experience specializing in options

A GOOD FIT FOR INVESTORS WHO WANT

Higher monthly income

Tax efficient distributions

Modest long-term growth potential from U.S. tech leaders

Reduced volatility from options strategy

INVESTMENT OBJECTIVE

QMAX is designed for attractive monthly income, while providing exposure to a portfolio of primarily large-cap U.S. technology equity securities. To reduce volatility and augment dividend income, QMAX will employ an active covered call strategy.

QMAX does not use leverage.

Performance

  • TICKER QMAX
  • NAV $17.44
  • 1 DAY CHANGE -$0.17
  • TARGET YIELD *

    An estimate of the annualized yield an investor would receive if the initial distribution remained unchanged for the next 12 months, stated as a percentage of the net asset value per unit on October 25, 2023

     13%+
  • ASSETS $49.9M

High Yield1

 

1An estimate of the annualized yield an investor would receive if the initial distribution remained unchanged for the next 12 months, stated as a percentage of the net asset value per unit on October 25, 2023.

What Makes QMAX Different?

 

  • Overview
  • Distributions
  • Documents

Holdings

As at November 30, 2023

tickernameweight
ADBEAdobe Inc6.9%
INTUIntuit Inc6.9%
MSFTMicrosoft Corp6.9%
NFLXNetflix Inc6.9%
TSLATesla Inc6.8%
AMZNAmazon.com Inc6.8%
AMDAdvanced Micro Devices Inc6.8%
AAPLApple Inc6.8%
QCOMQUALCOMM Inc6.8%
INTCIntel Corp6.7%
GOOGLAlphabet Inc6.6%
TXNTexas Instruments Inc6.6%
METAMeta Platforms Inc6.6%
AVGOBroadcom Inc6.4%
NVDANVIDIA Corp6.4%

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.
TickerQMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP407915107
Inception DateOctober 25, 2023
Investment StyleU.S. Technology, Covered Call
Assets$49.9M CAD*
Target Yield13%+*
DistributionsMonthly
RebalancingSemi-annual
Management Fee0.65%
Risk RatingLow to Medium
AuditorKPMG LLP
Legal Entity Identifier254900O2UJFT0T35EK45

Distributions

QMAX 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
2023-11-292023-12-07Monthly$0.1800

You can view public filings for the Hamilton Technology Yield Maximizer ETF on SEDAR.

Press Releases

View the latest QMAX Press Releases

Fact Sheet

QMAX Fact Sheet (2023-11-30) English Français

ETF Facts

QMAX ETF Facts (2023-09-08) English Français

Prospectus

QMAX Prospectus (2023-09-08) English Français

    Stay Informed!

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