TORONTO, June 14, 2023 – Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce the launch of the Hamilton Utilities Yield Maximizer ETF (“UMAX“). UMAX seeks to deliver attractive monthly income, while providing exposure to a portfolio of utility services companies’ equity securities with an active covered call strategy.

UMAX has closed the offering of its initial Class E units. Units of the ETF will begin trading on Thursday, June 15, 2023 on the Toronto Stock Exchange (“TSX”) under the ticker symbol “UMAX”.

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“We are excited to introduce our latest yield maximizer ETF, UMAX, for investors seeking higher monthly income. With an initial target yield of 13%+, UMAX is the highest yielding utilities ETF in Canada[1], and provides exposure to a portfolio of Canada’s largest utility services companies with an innovative active covered call strategy to enhance monthly income and reduce volatility. We believe UMAX is an attractive complement to our Hamilton Canadian Financials Yield Maximizer ETF (ticker: HMAX), which is the highest yielding financials ETF in Canada[2], and has already grown to over $350 million in AUM since it was launched in January. The covered call strategy for both UMAX and HMAX will be overseen by Nick Piquard, a well-known top covered call portfolio manager in Canada and a recent addition to the Hamilton ETFs team,” said Pat Sommerville, Senior Partner and Head of Business Development at Hamilton ETFs.

For more information on UMAX, and the rest of Hamilton ETFs’ innovative suite of ETFs, please visit www.hamiltonetfs.com.

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 exchange traded funds (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.

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 protected]

For media inquiries: Contact Patrick Sommerville, Senior Partner, Head of Business Development, (416) 941-9250, [email protected]

[1] Based on a universe of 9 utilities focused ETFs that trade on the Toronto Stock Exchange, as of June 7, 2023.
[2] Based on a universe of 40 financials focused ETFs that trade on the Toronto Stock Exchange, as of May 31, 2023.

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