Hamilton Utilities
YIELD MAXIMIZER™
ETF
Higher Income from Canadian Utilities
HIGHLIGHTS
Last distribution of $0.1716 per unit*Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.; monthly distributions
Diversified exposure to Canada’s largest utilities, pipelines, telecoms, and railways
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
Blue-chip Canadian utilities exposure
Tax efficient distributions
Reduced volatility from options strategy
INVESTMENT OBJECTIVE
UMAX is designed for attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the U.S. To reduce volatility and augment dividend income, UMAX will employ an active covered call strategy.
UMAX does not use leverage.
Performance
- TICKER UMAX
- NAV $14.36
- 1 DAY CHANGE -$0.01
-
LAST DISTRIBUTION *
Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.
$0.1716 - ASSETS $257.8M
Attractive Monthly Income
What Makes UMAX Different?
- Overview
- Distributions
- Documents
█ Pipelines 23.5%
█ Industrials 23.3%
█ Utilities 31.2%
| ticker | name | weight |
| BIP-U | Brookfield Infrastructure Part | 8.3% |
| ENB | Enbridge Inc | 7.9% |
| CNR | Canadian National Railway Co | 7.9% |
| PPL | Pembina Pipeline Corp | 7.8% |
| TRP | TC Energy Corp | 7.8% |
| WCN | Waste Connections Inc | 7.7% |
| EMA | Emera Inc | 7.7% |
| FTS | Fortis Inc/Canada | 7.7% |
| BCE | BCE Inc | 7.7% |
| CP | Canadian Pacific Kansas City L | 7.6% |
| RCI/B | Rogers Communications Inc | 7.5% |
| T | TELUS Corp | 7.5% |
| H | Hydro One Ltd | 7.4% |
| Ticker | UMAX |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 408125102 |
| Inception Date | June 14, 2023 |
| Investment Style | Covered Call |
| Assets | $257.8M CAD* |
| Distributions | Monthly |
| Rebalancing | Semi-Annual |
| Management Fee | 0.65% |
| Risk Rating | Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 5493000IHVKCP976PG67 |
| Ex-Dividend Date | Paid | Frequency | Amount |
|---|---|---|---|
| 2024-04-29 | 2024-05-07 | Monthly | $0.1710 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1716 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.1715 |
| 2024-01-30 | 2024-02-09 | Monthly | $0.1721 |
| 2023-12-28 | 2024-01-08 | Monthly | $0.1720 |
| 2023-11-29 | 2023-12-07 | Monthly | $0.1725 |
| 2023-10-30 | 2023-11-07 | Monthly | $0.1750 |
| 2023-09-28 | 2023-10-06 | Monthly | $0.1750 |
| 2023-08-30 | 2023-09-08 | Monthly | $0.1750 |
| 2023-07-28 | 2023-08-08 | Monthly | $0.1750 |
You can view public filings for the Hamilton Utilities YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest UMAX Press Releases
Fact Sheet
UMAX Fact Sheet (2024-03-28) English Français
ETF Facts
UMAX ETF Facts (2023-06-07) English Français
Prospectus
UMAX Prospectus (2023-06-07) English Français
Financial Statements
Annual Financial Statements (2023-12-31) English Français
Latest Portfolio Summary
Q3 2023 Portfolio Summary (2023-09-30) Download
Independent Review Committee
2023 Annual Report to Securityholders (2024-03-13) Download