TORONTO, June 22, 2018 – Hamilton Capital Partners Inc. (“Hamilton Capital”) is pleased to announce that Hamilton Capital U.S. Mid-Cap Financials ETF (USD) (the “ETF”) will be available for purchase in Canadian dollars.
Subject to the approval of the Toronto Stock Exchange (“TSX”), it is expected that Units of the ETF will begin trading on or about June 25, 2018 on the TSX in Canadian dollars under the ticker symbol “HFMU”. Currently, units of the ETF are listed and trading on the TSX in US dollars under the ticker symbol “HFMU.U”. Investors will therefore now have the option of investing in the ETF in either Canadian or U.S. denominations.
Both the HFMU and HFMU.U tickers refer to the same exchange traded fund. The only difference between the two listings will be the currency in which they trade.
Hamilton Capital is also pleased to announce the distributions for its ETFs, the Hamilton Capital Global Bank ETF (ticker “HBG”), the Hamilton Capital Global Financials Yield ETF (ticker “HFY”) and the Hamilton Capital U.S. Mid-Cap Financials ETF (USD) (ticker “HFMU.U”), all of which trade on the Toronto Stock Exchange, for the period ended June 30, 2018.
The ex-dividend date for the distributions is anticipated to be June 28, 2018, for all unitholders of record on June 29, 2018. The distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF, on or about July 12, 2018.
|ETF Name||Ticker Symbol||Distribution per Unit||Annualized Yield (1)||Frequency|
|Hamilton Capital Global Bank ETF(2)||HBG||$0.0800||1.31%||Quarterly|
|Hamilton Capital Global Financials Yield ETF(2)||HFY||$0.1900||4.45%||Quarterly|
|Hamilton Capital U.S. Mid-Cap Financials ETF (USD)(3)||HFMU.U||US$0.030||0.65%||Quarterly|
1. Calculated using the June 18, 2018 net asset value per unit, which is available at hamilton-capital.com.
2. Distributions for Hamilton Capital Global Bank ETF and Hamilton Capital Global Financials Yield ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded tickers HBG.U and HFY.U, respectively. The approximate U.S. dollar equivalent distribution rate for HBG.U is US$0.0568 per unit and HFY.U is US$0.1440 per unit. For unitholders who hold the U.S. dollar traded HBG.U and HFY.U, distribution payments will typically be converted to U.S. dollars by the unitholder’s account holder.
3. Distributions for Hamilton Capital U.S. Mid-Cap Financials ETF (USD) are declared and paid in U.S. dollars.
Distributions will vary from period to period.
About Hamilton Capital Partners Inc. (www.hamilton-capital.com)
Hamilton Capital is an investment manager headquartered in Toronto. Specializing in global financial services, its team of professionals has over 60 years of experience. The firm employs a specialized investment process, augmented by proprietary research, analysis, and analytical tools to manage its portfolio of investment products. Hamilton Capital is an active commentator on the global financial services sector. The firm’s most recent Insights can be found at www.hamilton-capital.com.
For further information: Patrick Sommerville, Partner, Managing Director of Business Development, 416-941-9250, [email protected], or Daniel Carthew, Manager, Business Development, 416-941-9681, [email protected].