Hamilton ETFs Launches Hamilton Canadian Financials Yield Maximizer ETF

TORONTO–(BUSINESS WIRE)–Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce the launch of the Hamilton Canadian Financials Yield Maximizer ETF (“HMAX“). HMAX seeks to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities with an active covered call strategy.

HMAX has closed the offering of its initial Class E units. Units of the ETF will begin trading on Monday, January 23, 2023 on the Toronto Stock Exchange (“TSX”) under the ticker symbol “HMAX”.

“Monthly cash flow continues to be of significant importance to many Canadian investors, and we are excited to launch HMAX, which has been designed with those investors in mind. With an initial target yield of 13%+, HMAX will be the highest yielding financials ETF in Canada1 and provides exposure to a portfolio of Canadian banks and financials with an innovative active covered call strategy to enhance monthly income and reduce volatility,”said Pat Sommerville, Senior Partner and Head of Business Development at Hamilton ETFs.

For more information on HMAX, and the rest of Hamilton ETFs’ innovative suite of ETFs, please visit www.hamiltonetfs.com.

About Hamilton Capital Partners Inc. (Hamilton ETFs)

Hamilton ETFs is a Canadian investment manager specializing in the global financial services sector. With $2 billion in assets under management, the firm offers a suite of exchange traded funds including both rules-based and actively managed mandates. Hamilton ETFs is also an active commentator on the global financial services sector; the firm’s most recent Insights can be found at www.hamiltonetfs.com/insights-commentary.

Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

1 Based on a universe of 39 financials focused ETFs that trade on the Toronto Stock Exchange, as of January 13, 2023.


For investor inquiries: Contact Hamilton ETFs at (416) 941-9888, info@hamiltonetfs.com

For media inquiries: Contact Patrick Sommerville, Senior Partner, Head of Business Development, (416) 941-9250, psommerville@hamiltonetfs.com

Published on January 20, 2023

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