In October 2020, we launched the Hamilton Canadian Bank 1.25x Leverage ETF (ticker: HCAL), a modestly levered version of our Canadian bank mean reversion strategy ETF (ticker: HCA), in anticipation of a credit-driven recovery for Canadian bank earnings and stocks. In our view, with its 25% leverage, HCAL offers investors an opportunity to benefit as the recovery gains traction (in the near-to-medium term), as well as…
