Hamilton Utilities
YIELD MAXIMIZER™
ETF
Maximize Income from Canadian Utilities
HIGHLIGHTS
Yield of 13.67%*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 September 30, 2024. The yield calculation excludes any additional year end distributions and does not include reinvested distributions.; 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 $14.57
- 1 DAY CHANGE -$0.23
-
YIELD % *
Current annualized yield.
13.67 - ASSETS $435.6M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month 2.52%
- 3 months 10.43%
- 6 months 7.97%
- year to date 10.17%
- 1 year 18.99%
- inception* 8.30%
- as of date 202400.00%
Attractive Monthly Income
What Makes UMAX Different?
- Overview
- Distributions
- Documents
█ Pipelines 24.1%
█ Industrials 21.3%
█ Utilities 32.6%
ticker | name | weight |
BIP-U | Brookfield Infrastructure Part | 8.6% |
TRP | TC Energy Corp | 8.2% |
EMA | Emera Inc | 8.2% |
H | Hydro One Ltd | 8.1% |
ENB | Enbridge Inc | 8.1% |
PPL | Pembina Pipeline Corp | 8.1% |
FTS | Fortis Inc/Canada | 8.0% |
T | TELUS Corp | 7.6% |
WCN | Waste Connections Inc | 7.6% |
BCE | BCE Inc | 7.6% |
CP | Canadian Pacific Kansas City L | 7.2% |
RCI/B | Rogers Communications Inc | 7.2% |
CNR | Canadian National Railway Co | 6.7% |
Ticker | UMAX |
Exchange | Toronto Stock Exchange (TSX) |
CUSIP | 408125102 |
Inception Date | June 14, 2023 |
Investment Style | Covered Call |
Assets | $435.6M CAD* |
Target Yield | 13%+* |
Current Annualized Yield | 13.67%* |
Distributions | Monthly |
Rebalancing | Semi-Annual |
Management Fee | 0.65% |
Risk Rating | Medium |
Auditor | KPMG LLP |
Legal Entity Identifier | 5493000IHVKCP976PG67 |
Ex-Dividend Date | Pay Date | Frequency | Amount |
---|---|---|---|
2024-10-31 | 2024-11-07 | Monthly | $0.1705 |
2024-09-27 | 2024-10-07 | Monthly | $0.1700 |
2024-08-30 | 2024-09-09 | Monthly | $0.1690 |
2024-07-31 | 2024-08-08 | Monthly | $0.1695 |
2024-06-28 | 2024-07-08 | Monthly | $0.1695 |
2024-05-31 | 2024-06-07 | Monthly | $0.1710 |
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 (2024-09-30) English Français
ETF Facts
UMAX ETF Facts (2024-06-05) English Français
Prospectus
UMAX Prospectus (2024-06-05) English Français
Financial Statements
Annual Financial Statements (2023-12-31) English Français
Interim Financial Statements (2024-06-30) English Français
Latest Portfolio Summary
Q1 2024 Portfolio Summary (2024-03-31) Download
Proxy Voting
Proxy Voting Report (2023-07 to 2024-06) Download
Independent Review Committee
2023 Annual Report to Securityholders (2024-03-13) Download