Hamilton U.S. Equity
Yield Maximizer ETF
Higher Income from U.S. Equity Leaders

HIGHLIGHTS
Target yield of 12%+ *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
Blue-chip U.S. equity exposure, with a sector mix similar to the S&P 500
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. sector leaders
Reduced volatility from options strategy
INVESTMENT OBJECTIVE
SMAX is designed for attractive monthly income, while providing exposure to a portfolio of primarily large-cap U.S. equity securities. To reduce volatility and augment dividend income, SMAX will employ an active covered call strategy.
SMAX does not use leverage.
Performance
- TICKER SMAX
- NAV $16.63
- 1 DAY CHANGE +$0.06
-
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
12%+ - ASSETS $85.8M
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 SMAX Different?
- Overview
- Distributions
- Documents
█ Consumer Discretionary 12.3%
█ Consumer Staples 7.9%
█ Energy 3.9%
█ Financials 8.2%
█ Health Care 12.2%
█ Industrials 7.7%
█ Real Estate 4.2%
█ Technology 32.5%
█ Utilities 4.1%
ticker | name | weight |
CRM | Salesforce Inc | 4.6% |
PLD | Prologis Inc | 4.2% |
JNJ | Johnson & Johnson | 4.2% |
NEE | NextEra Energy Inc | 4.1% |
JPM | JPMorgan Chase & Co | 4.1% |
MSFT | Microsoft Corp | 4.1% |
UNH | UnitedHealth Group Inc | 4.1% |
HD | Home Depot Inc/The | 4.1% |
AMZN | Amazon.com Inc | 4.1% |
V | Visa Inc | 4.1% |
TSLA | Tesla Inc | 4.1% |
PG | Procter & Gamble Co/The | 4.1% |
ADBE | Adobe Inc | 4.1% |
BRK/B | Berkshire Hathaway Inc | 4.1% |
AAPL | Apple Inc | 4.0% |
CSCO | Cisco Systems Inc | 4.0% |
GOOGL | Alphabet Inc | 4.0% |
LLY | Eli Lilly & Co | 4.0% |
META | Meta Platforms Inc | 3.9% |
XOM | Exxon Mobil Corp | 3.9% |
UNP | Union Pacific Corp | 3.9% |
GE | General Electric Co | 3.9% |
COST | Costco Wholesale Corp | 3.8% |
NVDA | NVIDIA Corp | 3.8% |
AVGO | Broadcom Inc | 3.8% |
Ticker | SMAX |
Exchange | Toronto Stock Exchange (TSX) |
CUSIP | 407916105 |
Inception Date | October 25, 2023 |
Investment Style | U.S. Equity, Covered Call |
Assets | $85.8M CAD* |
Target Yield | 12%+* |
Distributions | Monthly |
Rebalancing | Semi-annual |
Management Fee | 0.65% |
Risk Rating | Low to Medium |
Auditor | KPMG LLP |
Legal Entity Identifier | 2549005JJY97H2CP5W16 |
Ex-Dividend Date | Paid | Frequency | Amount |
---|---|---|---|
2023-11-29 | 2023-12-07 | Monthly | $0.1600 |
You can view public filings for the Hamilton U.S. Equity Yield Maximizer ETF on SEDAR.
Press Releases
View the latest SMAX Press Releases
Fact Sheet
SMAX Fact Sheet (2023-11-30) English Français
ETF Facts
SMAX ETF Facts (2023-09-08) English Français