Key stats
About HAMILTON HEALTHCARE YIELD MAXIMIZER UNITS CLASS E
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Inception date
Feb 6, 2024
Structure
Canadian Mutual Fund Trust (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 US healthcare 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
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
Health Technology
Health Services
Stocks95.43%
Health Technology75.01%
Health Services19.75%
Bonds, Cash & Other4.57%
Cash5.28%
Rights & Warrants−0.71%
Stock breakdown by region
North America94.84%
Europe5.16%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LMAX invests in stocks. The fund's major sectors are Health Technology, with 75.55% stocks, and Health Services, with 19.89% of the basket. The assets are mostly located in the North America region.
LMAX top holdings are Eli Lilly and Company and Cigna Group, occupying 5.55% and 5.55% of the portfolio correspondingly.
LMAX last dividends amounted to 0.15 CAD. The month before, the issuer paid 0.15 CAD in dividends, which shows a 1.99% decrease.
LMAX assets under management is 116.67 M CAD. It's risen 10.71% over the last month.
LMAX fund flows account for 3.77 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.
Yes, LMAX pays dividends to its holders with the dividend yield of 13.76%. The last dividend (Jun 6, 2025) amounted to 0.15 CAD. The dividends are paid monthly.
LMAX shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Feb 6, 2024, and its management style is Active.
LMAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LMAX invests in stocks.
LMAX price has fallen by −2.72% over the last month, and its yearly performance shows a −14.29% decrease. See more dynamics on LMAX price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.33% over the last month, showed a −11.48% decrease in three-month performance and has decreased by −5.05% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.33% over the last month, showed a −11.48% decrease in three-month performance and has decreased by −5.05% in a year.
LMAX trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.