Hamilton U.S. Equity YIELD MAXIMIZER™ ETF
Maximize Income from U.S. Equity Leaders
HIGHLIGHTS
Yield of 10.30%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on December 31, 2024. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions
Blue-chip U.S. equity exposure, with a sector mix similar to the S&P 500
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
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 $20.57
- 1 DAY CHANGE +$0.29
-
YIELD % *
Current annualized yield.
10.30 - ASSETS $641.3M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month 0.67%
- 3 months 7.87%
- 6 months 14.57%
- year to date 34.60%
- 1 year 34.60%
- inception* 35.17%
- as of date 202400.00%
Attractive Monthly Income
What Makes SMAX Different?
- Overview
- Distributions
- Documents
█ Consumer Discretionary 10.7%
█ Consumer Staples 3.8%
█ Energy 3.6%
█ Financials 12.5%
█ Healthcare 10.2%
█ Industrials 7.3%
█ Materials 3.4%
█ Real Estate 3.3%
█ Technology 33.1%
█ Utilities 3.3%
| ticker | name | weight |
| TSLA | Tesla Inc | 6.4% |
| AVGO | Broadcom Inc | 5.5% |
| CRM | Salesforce Inc | 4.9% |
| GOOGL | Alphabet Inc | 4.7% |
| AMZN | Amazon.com Inc | 4.6% |
| AAPL | Apple Inc | 4.5% |
| V | Visa Inc | 4.4% |
| NVDA | NVIDIA Corp | 4.4% |
| JPM | JPMorgan Chase & Co | 4.3% |
| META | Meta Platforms Inc | 4.2% |
| ORCL | Oracle Corp | 4.0% |
| BRK/B | Berkshire Hathaway Inc | 4.0% |
| MSFT | Microsoft Corp | 3.9% |
| CAT | Caterpillar Inc | 3.9% |
| PG | Procter & Gamble Co/The | 3.8% |
| XOM | Exxon Mobil Corp | 3.6% |
| GE | General Electric Co | 3.6% |
| UNH | UnitedHealth Group Inc | 3.5% |
| JNJ | Johnson & Johnson | 3.5% |
| LIN | Linde PLC | 3.5% |
| NEE | NextEra Energy Inc | 3.4% |
| ADBE | Adobe Inc | 3.4% |
| LLY | Eli Lilly & Co | 3.4% |
| PLD | Prologis Inc | 3.3% |
| AMD | Advanced Micro Devices Inc | 3.1% |
| Ticker | SMAX |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407916105 |
| Inception Date | October 25, 2023 |
| Investment Style | U.S. Equity, Covered Call |
| Assets | $641.3M CAD* |
| Target Yield | 10%+* |
| Current Annualized Yield | 10.30%* |
| Distributions | Monthly |
| Currency Hedging | None |
| Rebalancing | Semi-annual |
| Management Fee | 0.65% |
| Risk Rating | Low to Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 2549005JJY97H2CP5W16 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2024-12-31 | 2025-01-08 | Monthly | $0.1730 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.1710 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1725 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1720 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1710 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.1720 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.1720 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.1700 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.1700 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1650 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.1650 |
| 2024-01-30 | 2024-02-09 | Monthly | $0.1610 |
| 2023-12-28 | 2024-01-08 | Monthly | $0.1600 |
| 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 (2024-12-31) English Français
ETF Facts
SMAX ETF Facts (2024-08-16) English Français
Prospectus
SMAX Prospectus (2024-08-16) English Français
Financial Statements
Annual Financial Statements (2023-12-31) English Français
Interim Financial Statements (2024-06-30) English Français
Latest Portfolio Summary
Q3 2024 Portfolio Summary (2024-09-30) Download
Proxy Voting
Proxy Voting Report (2023-07 to 2024-06) Download
Independent Review Committee
2023 Annual Report to Securityholders (2024-03-13) Download