Key stats
About HAMILTON ENHANCED UTILS ETF UNIT CL E
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Inception date
Sep 1, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
The fund is a bullish one-day bet on a broadly defined Canadian utilities sector. It provides 1.25x leveraged exposure to an equally weighted index that captures the TSX-listed companies classified under Utilities, Pipelines, or Telecommunications. Eligible stocks must meet minimum liquidity, dividend yield, and market-cap requirements. To build a concentrated portfolio of 12 stocks, the index ranks stocks within each category by market capitalization, with the highest-ranking securities selected for inclusion. To gain its leveraged exposure, the fund uses cash borrowings, short sales, and derivatives. As a leveraged product, the fund is not a buy-and-hold ETF, it is a short-term tactical instrument. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Over longer periods, returns can vary significantly from 1.25x exposure to its underlying index.
Classification
What's in the fund
Exposure type
Utilities
Industrial Services
Communications
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.