{"id":8686,"date":"2017-08-31T15:26:16","date_gmt":"2017-08-31T19:26:16","guid":{"rendered":"http:\/\/hamiltonetfs.com\/?page_id=8686"},"modified":"2018-10-22T01:24:31","modified_gmt":"2018-10-22T01:24:31","slug":"hamilton-capital-launches-hamilton-capital-u-s-mid-cap-financials-etf-usd","status":"publish","type":"post","link":"https:\/\/hamiltonetfs.com\/hamilton-capital-launches-hamilton-capital-u-s-mid-cap-financials-etf-usd\/","title":{"rendered":"Hamilton Capital Launches Hamilton Capital U.S. Mid-Cap Financials ETF (USD) (HFMU.U)"},"content":{"rendered":"

TORONTO, September 1, 2017 – Hamilton Capital Partners Inc. (“Hamilton Capital<\/strong>“) is pleased to announce the launch of the Hamilton Capital U.S. Mid-Cap Financials ETF (USD) (“HFMU.U<\/strong>“). HFMU.U seeks long-term returns in U.S. dollars, consisting of capital growth and dividends from an actively managed equity portfolio of, primarily, United States-based mid-cap (i.e., those firms with a market capitalization between US$500 million and US$20 billion) financial services companies.<\/p>\n

Units of the ETF will begin trading on Tuesday, September 5, 2017 on the Toronto Stock Exchange (“TSX<\/strong>“) in U.S. dollars under the ticker symbol “HFMU.U”.<\/p>\n

HFMU.U has closed the offering of its initial units and it will begin trading on the TSX when the market opens in the morning on Tuesday, September 5, 2017.<\/p>\n

With an aggregate market capitalization in excess of US$2 trillion, the U.S. mid-cap financial services sector is as large as the Canadian equity markets, and includes over 500 companies. \u201cThe Hamilton Capital U.S. Mid-Cap Financials ETF (USD) offers investors targeted exposure to a dynamic part of the global financial sector. Specifically, we believe HFMU.U\u2019s combination of U.S. mid-cap financials stand to benefit from rising rates, improving GDP, ongoing sector consolidation, and exposure to faster growing states and regions,\u201d <\/em>said Rob Wessel, Managing Partner of Hamilton Capital.\u00a0\u00a0 <\/em><\/p>\n

HFMU.U is anticipated to be comprised primarily of mid-cap financial services companies based in the United States. HFMU.U\u2019s investments may however be selected from any country, capitalization level or subsector of the global financial services sector. Specifically, the portfolio may include, but is not limited to, commercial and investment banks, insurance companies, brokerages, asset managers, exchanges, real estate investment trusts and other investment companies.<\/p>\n

HFMU.U complements Hamilton Capital\u2019s other ETF offerings:<\/p>\n