HAMILTON US EQUITY YIELD MAXIMIZER UNIT CL EHAMILTON US EQUITY YIELD MAXIMIZER UNIT CL EHAMILTON US EQUITY YIELD MAXIMIZER UNIT CL E

HAMILTON US EQUITY YIELD MAXIMIZER UNIT CL E

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Key stats


Assets under management (AUM)
‪716.31 M‬CAD
Fund flows (1Y)
‪337.32 M‬CAD
Dividend yield (indicated)
11.27%
Discount/Premium to NAV
0.2%
Shares outstanding
‪39.03 M‬
Expense ratio

About HAMILTON US EQUITY YIELD MAXIMIZER UNIT CL E


Issuer
Hamilton Capital Partners, Inc.
Brand
Hamilton
Inception date
Oct 25, 2023
Structure
Canadian Mutual Fund Trust (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 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


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Stocks
Technology Services
Finance
Electronic Technology
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 SMAX 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.
SMAX trades at 18.03 CAD today, its price has fallen −1.64% in the past 24 hours. Track more dynamics on SMAX price chart.
SMAX net asset value is 18.30 today — it's risen 9.28% 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.
SMAX assets under management is ‪716.31 M‬ 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.
SMAX price has risen by 3.80% 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.
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.
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.
SMAX invests in stocks. See more details in our Analysis section.
No, SMAX 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, SMAX technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SMAX shows the sell signal. See more of SMAX technicals for a more comprehensive analysis.
Yes, SMAX pays dividends to its holders with the dividend yield of 11.27%.
SMAX trades at a premium (0.17%).
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.
SMAX shares are issued by Hamilton Capital Partners, Inc.
SMAX 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 Oct 25, 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.