Key stats
About HAMILTON US EQUITY YIELD MAXIMIZER UNIT CL E
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Inception date
Oct 25, 2023
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 a large-cap US equity portfolio with a covered call option writing program. The fund adviser aims for a representative sector mix of the US equity market. Since the fund is actively managed, the 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
Technology Services
Finance
Electronic Technology
Stocks101.09%
Technology Services23.47%
Finance20.47%
Electronic Technology20.17%
Health Technology8.27%
Retail Trade7.97%
Transportation4.27%
Consumer Durables4.24%
Utilities3.88%
Energy Minerals3.77%
Health Services3.48%
Bonds, Cash & Other−1.09%
Miscellaneous0.01%
Cash−0.00%
Rights & Warrants−1.10%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SMAX invests in stocks. The fund's major sectors are Technology Services, with 23.73% stocks, and Finance, with 20.69% of the basket. The assets are mostly located in the North America region.
SMAX top holdings are Broadcom Inc. and Eli Lilly and Company, occupying 4.47% and 4.36% of the portfolio correspondingly.
SMAX last dividends amounted to 0.17 CAD. The month before, the issuer paid 0.17 CAD in dividends, which shows a 1.16% decrease.
SMAX assets under management is 727.49 M CAD. It's risen 12.87% over the last month.
SMAX fund flows account for 337.32 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, SMAX pays dividends to its holders with the dividend yield of 11.27%. The last dividend (May 7, 2025) amounted to 0.17 CAD. The dividends are paid monthly.
SMAX shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Oct 25, 2023, and its management style is Active.
SMAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SMAX invests in stocks.
SMAX price has risen by 9.19% over the last month, and its yearly performance shows a −2.44% decrease. See more dynamics on SMAX price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.08% decrease in three-month performance and has increased by 10.85% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.08% decrease in three-month performance and has increased by 10.85% in a year.
SMAX trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.