Hamilton Enhanced U.S. Covered Call ETF T.HYLD

Alternate Symbol(s): T.HYLD.U

The investment objective of HYLD is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, equal-weighted, diversified by sector index of U.S.-focused covered call ETFs HYLD will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Solactive U.S. Covered Call ETFs Index in order to track approximately 1.25x the performance of such Index. As an alternative to, or in conjunction with investing in and holding the constituent securities, HYLD may also invest in other securities, including Other Funds (as defined herein) to obtain exposure to the constituent securities of the Index in a manner that is consistent with HYLDs investment objective. HYLD may also hold cash and cash equivalents or other money market instruments in order to meet its obligations.

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Hamilton Enhanced U.S. Covered Call ETF > Divvy will not outweigh capital erosion??

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Post by 1condoron Feb 28, 2023 2:57pm

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Post# 35310524

Divvy will not outweigh capital erosion??

I own some shares of HYLD...however am I the only one that is seeing what is going on here. The divvy for sure is attactive...but the erosion of capital is just short of extreme. So to me it seems like it defeats the whole purpose. I have read articles about avoiding these new covered call high divvy ETF's for this very reason...they may be right.

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