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