HMAX Stock Fund Price and Chart — TSX:HMAX

Overview

Analysis Holdings News Discussions Technicals Seasonals

HMAX chart

Key stats

About HAMILTON CDN FINANCIALS YD MAX ETF UNITS CL E

The fund seeks to deliver attractive monthly income through a market cap-weighted portfolio of the top 10 TSX-listed Canadian financial services stocks by market cap. It may also invest in other securities, including other funds for direct or indirect exposure to the same securities. The portfolio is reconstituted and rebalanced semi-annually. In addition, the fund actively manages a covered call option writing program to mitigate downside risk and generate income. The strategy allows to write at or slightly out-of-the-money call options on up to 100% of the portfolios value. The covered call options must be traded on a North American stock exchange or through over-the counter options. The amount of option premiums is partly determined by the expected price volatility of the underlying security. The fund may also hold cash and cash equivalents or other money-market instruments. As an actively managed fund, the portfolio managers have full discretion to make buy, sell, hold decisions at any time, including handling of call options.

Classification

HMAX analysis

What's in the fund

Exposure type

Finance

Stock breakdown by region

Top 10 holdings

Technicals

Summarizing what the indicators are suggesting.

Oscillators

Neutral

SellBuy

Strong sellStrong buy