Key stats
About HAMILTON GOLD PRODUCER YIELD MAXIMI UNITS CLASS E
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Inception date
Feb 6, 2024
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
The fund seeks to deliver attractive monthly income by holding an equal-weighted portfolio of large-cap North American gold producer companies with a covered call option writing program. Since the fund is actively managed, the fund adviser has full discretion to make adjustments to the portfolio, which is rebalanced at least semi-annually. The fund also utilizes a covered call strategy, which allows the fund to mitigate downside risk and generate income. It generally writes at or slightly out-of-the-money call options with a term of less than two months on up to 100% of the portfolio value. Call options sold by the fund may either be exchange-traded or over-the-counter. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AMAX trades at 24.08 CAD today, its price has fallen −0.62% in the past 24 hours. Track more dynamics on AMAX price chart.
AMAX net asset value is 24.07 today — it's fallen 2.25% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AMAX assets under management is 220.56 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AMAX price has fallen by −6.08% over the last month, and its yearly performance shows a 21.13% increase. See more dynamics on AMAX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.25% over the last month, have fallen by −2.25% over the last month, showed a 14.19% increase in three-month performance and has increased by 34.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.25% over the last month, have fallen by −2.25% over the last month, showed a 14.19% increase in three-month performance and has increased by 34.77% in a year.
AMAX fund flows account for 80.87 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AMAX invests in stocks. See more details in our Analysis section.
No, AMAX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AMAX technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMAX shows the neutral signal. See more of AMAX technicals for a more comprehensive analysis.
Today, AMAX technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMAX shows the neutral signal. See more of AMAX technicals for a more comprehensive analysis.
Yes, AMAX pays dividends to its holders with the dividend yield of 8.32%.
AMAX trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AMAX shares are issued by Hamilton Capital Partners, Inc.
AMAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 6, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.