HAMILTON CDN FINANCIALS YD MAX ETF UNITS CL EHAMILTON CDN FINANCIALS YD MAX ETF UNITS CL EHAMILTON CDN FINANCIALS YD MAX ETF UNITS CL E

HAMILTON CDN FINANCIALS YD MAX ETF UNITS CL E

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Key stats


Assets under management (AUM)
‪1.31 B‬CAD
Fund flows (1Y)
‪532.08 M‬CAD
Dividend yield (indicated)
14.25%
Discount/Premium to NAV
0.07%
Shares outstanding
‪92.27 M‬
Expense ratio
0.92%

About HAMILTON CDN FINANCIALS YD MAX ETF UNITS CL E


Issuer
Hamilton Capital Partners, Inc.
Brand
Hamilton
Inception date
Jan 20, 2023
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
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


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Broad-based
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Stocks
Finance
Stock breakdown by region
100%
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.

Broaden your horizons with more funds linked to HMAX via country, focus, and more.

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.
HMAX trades at 14.32 CAD today, its price has risen 0.56% in the past 24 hours. Track more dynamics on HMAX price chart.
HMAX net asset value is 14.31 today — it's risen 7.68% 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.
HMAX assets under management is ‪1.31 B‬ 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.
HMAX price has risen by 7.83% over the last month, and its yearly performance shows a 2.65% increase. See more dynamics on HMAX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.68% over the last month, showed a 3.06% increase in three-month performance and has increased by 18.25% in a year.
HMAX fund flows account for ‪532.08 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.
HMAX invests in stocks. See more details in our Analysis section.
HMAX expense ratio is 0.92%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HMAX 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, HMAX technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HMAX shows the strong buy signal. See more of HMAX technicals for a more comprehensive analysis.
Yes, HMAX pays dividends to its holders with the dividend yield of 14.25%.
HMAX trades at a premium (0.07%).
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.
HMAX shares are issued by Hamilton Capital Partners, Inc.
HMAX 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 Jan 20, 2023.
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.