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Hamilton Canadian Financials Yield Maximizer ETF T.HMAX

The Hamilton Canadian Financials Yield Maximizer ETF is designed to provide higher monthly income from Canadas 10 largest financial services companies while employing an active covered call strategy. The investment objective of HMAX is to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, HMAX will employ a covered call option writing program.


TSX:HMAX - Post by User

Post by BSmartStaycalmon Feb 01, 2023 9:47am
250 Views
Post# 35259145

Monthly distribution

Monthly distribution

My bad, first payment is in Febuary. GL

TORONTO
--(BUSINESS WIRE)--Jan. 24, 2023--
Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce the cash distributions for its ETFs with monthly payouts, all of which trade on the Toronto Stock Exchange, for the month ended January 31, 2023.


The  Hamilton Canadian Financials Yield Maximizer ETF (ticker “HMAX”), which began trading on the Toronto Stock Exchange on January 23, 2023, will not pay a distribution distribution for the month ended January 31, 2023, owing to the shortened period. Its first distribution ($0.185 per unit) will be paid for the month ended February 28, 2023.


The ex-dividend date for these distributions is anticipated to be January 30, 2023, for all unitholders of record on January 31, 2023. The distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF, on or about February 10, 2023.

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