TORONTO, January 26, 2022 – Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce the launch of the Hamilton Enhanced Canadian Financials ETF (“HFIN“). HFIN seeks to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a 1.25 times multiple of the Solactive Canadian Financials Equal-Weight Index.
HFIN has closed the offering of its initial units. Units of the ETF will begin trading on Thursday, January 27, 2022 on the Toronto Stock Exchange (“TSX“) under the ticker symbol “HFIN”.
“We are excited to expand our innovative ETF offerings, with the launch of HFIN. With a similar structure to HCAL, Canada’s top performing Canadian bank ETF in 2021, HFIN intends to offer investors added diversification by investing in the top 12 Canadian financials including the largest banks and insurers. HFIN has an initial target yield of over 5% and is designed specifically for long term investors seeking higher monthly income and enhanced growth potential from the Canadian financial services sector, which we believe is poised to continue to perform well”, said Pat Sommerville, Partner and Head of Business Development at Hamilton ETFs.
About Hamilton Capital Partners Inc. (Hamilton ETFs)
Hamilton ETFs is a Canadian investment manager specializing in the global financial services sector. With over $1.2 billion in assets under management, the firm offers eight exchange traded funds including both rules-based and active mandates. Hamilton ETFs is also an active commentator on the global financial services sector; the firm’s most recent Insights can be found at www.hamiltonetfs.com/insights-commentary.
Commissions, trailing 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.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.
For investor inquiries: Contact Hamilton ETFs at (416) 941-9888, email@example.com
For media inquiries: Contact Patrick Sommerville, Partner, Head of Business Development, (416) 941-9250, firstname.lastname@example.org