Key stats
About HAMILTON ENHANCED CANADIAN BAN
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Inception date
Oct 14, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
The fund strives to achieve 1.25x the performance of its target index by adopting a strategic use of leverage, with a ceiling of 125% of its NAV. The fund utilizes borrowing and derivatives to effectively mirror the equity stakes in six prominent Canadian banks, balancing them equally within its investment portfolio. The criteria for selecting banks into the index focus on financial health, stipulating minimum requirements for market cap and daily trading volumes, prioritizing the banks' stability and the likelihood of strong returns. Additionally, the fund may invest in a range of securities or other investment funds to secure direct or indirect exposure to the index's constituents, keeping total leverage from borrowing cash, derivatives, and short selling under 25% of its NAV. The fund undergoes a semi-annual review to align with the index's results accurately.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.05%
Miscellaneous−0.00%
Cash−0.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HCAL last dividends amounted to 0.13 CAD. The month before, the issuer paid 0.13 CAD in dividends,
HCAL assets under management is 570.00 M CAD. It's risen 3.92% over the last month.
HCAL fund flows account for −79.25 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HCAL pays dividends to its holders with the dividend yield of 5.85%. The last dividend (Jun 6, 2025) amounted to 0.13 CAD. The dividends are paid monthly.
HCAL shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Oct 14, 2020, and its management style is Passive.
HCAL expense ratio is 2.09% meaning you'd have to pay 2.09% of your investment to help manage the fund.
HCAL follows the Solactive Equal Weight Canada Banks Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HCAL invests in funds.
HCAL price has risen by 8.84% over the last month, and its yearly performance shows a 24.77% increase. See more dynamics on HCAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.66% over the last month, showed a 13.62% increase in three-month performance and has increased by 32.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.66% over the last month, showed a 13.62% increase in three-month performance and has increased by 32.81% in a year.
HCAL trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.