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
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
Utilities
Industrial Services
Communications
Stocks124.75%
Utilities51.63%
Industrial Services25.90%
Communications22.30%
Bonds, Cash & Other−24.75%
Cash0.23%
Miscellaneous−0.01%
ETF−24.97%
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