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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 Indicatoron Mar 09, 2023 2:55pm
531 Views
Post# 35328808

Slow grind lower

Slow grind lowerFor me, this is where the argument to buy and hold looses its appeal.  For each tick lower, even the sweetest dividends do not compensate for capital loss.  Recession fears have the market walking on eggshells.

Yes yes, I know many will say if you don't sell you have not lost anything in long run.  However, oil from 2014 down to 2020, was a great example of misery that showed how long it can take to recoup funds when buying at a peak.

Good luck!

/ end of rant.
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