TORONTO, June 23, 2023 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce the monthly and quarterly regular cash distributions for its ETFs, all of which trade on the Toronto Stock Exchange, for the period ended June 30, 2023, as well as a special cash distribution for the Hamilton Canadian Bank Mean Reversion Index ETF (ticker “HCA”).
The Hamilton Utilities Yield Maximizer ETF (ticker “UMAX”), which began trading on the Toronto Stock Exchange on June 15, 2023, will not pay a distribution for the month ended June 30, 2023, owing to the shortened period. UMAX’s first distribution will be paid for the month ended July 31, 2023.
Regular cash distributions
The ex-dividend date for these distributions is anticipated to be June 29, 2023, for all unitholders of record on June 30, 2023. 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 10, 2023.
|ETF Name||Ticker||Regular Cash Distribution per unit||Annualized yield (1)||Frequency|
|Hamilton Canadian Financials Yield Maximizer ETF||HMAX||$0.1800||15.11%||Monthly|
|Hamilton Enhanced U.S. Covered Call ETF||HYLD||$0.1200||11.58%||Monthly|
|Hamilton Enhanced Multi-Sector Covered Call ETF||HDIV||$0.1350||10.56%||Monthly|
|Hamilton Enhanced Canadian Bank ETF||HCAL||$0.1270||7.96%||Monthly|
|Hamilton Enhanced Utilities ETF||HUTS||$0.0790||7.24%||Monthly|
|Hamilton Enhanced Canadian Financials ETF||HFIN||$0.0750||6.89%||Monthly|
|Hamilton Canadian Bank Mean Reversion Index ETF||HCA||$0.0960||5.68%||Monthly|
|Hamilton Canadian Bank Equal-Weight Index ETF||HEB||$0.0690||5.40%||Monthly|
|Hamilton Global Financials ETF||HFG||$0.0700||4.43%||Monthly|
|Hamilton Australian Bank Equal-Weight Index ETF||HBA||$0.3100||5.98%||Quarterly|
|Hamilton Mid/Small-Cap U.S. Financials ETF(2)||HUM||$0.1000||1.82%||Quarterly|
|Hamilton Financials Innovation ETF||HFT||$0.0150||0.43%||Quarterly|
- Calculated using the June 22, 2023, net asset value per unit for each ETF, which is available at hamiltonetfs.com.
- Distributions for Hamilton U.S. Mid/Small-Cap Financials ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HUM. The approximate U.S. dollar equivalent distribution rate for HUM.U is US$0.0760 per unit. For unitholders who hold the U.S. dollar traded HUM.U, distribution payments will typically be converted to U.S. dollars by the unitholder’s account holder.
Special cash distributions
Hamilton ETFs also announces today a special cash distribution to be paid to unitholders of the Hamilton Canadian Bank Mean Reversion Index ETF (see table below). The ex-dividend date for this distribution is also anticipated to be June 29, 2023, for all unitholders of record on June 30, 2023. 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 10, 2023.
|ETF Name||Ticker||Special Cash Distribution per Unit(3)|
|Hamilton Canadian Bank Mean Reversion Index ETF||HCA||$0.60|
- The Special Cash Distribution listed in the table is expected to be comprised primarily of dividend income.
Distributions will vary from period to period.
About Hamilton Capital Partners Inc. (Hamilton ETFs)
With over $2.5 billion in assets under management, Hamilton ETFs is one of Canada’s fastest growing ETF providers, offering a suite of innovative exchanged traded fund (ETFs) designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; and the firm’s most recent Insights can be found at www.hamiltonetfs.com/insights-commentary.
Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
For investor inquiries: Contact Hamilton ETFs at (416) 941-9888, [email protected]
For media inquiries: Contact Patrick Sommerville, Senior Partner, Head of Business Development, (416) 941-9250, [email protected]