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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 fishcarrieron Jul 07, 2023 10:34am
265 Views
Post# 35530800

Good morning

Good morningNew here. Yes, the monthly dividend is high. Isn't that why we are here? So, if the divvy falls to 11 %, will that be so bad? Soon the banks will do a roaring business, especially once interest rates steady and fall. Then they have high paying mortgages and investments that will buoy the profits. Stock prices of the ETF will also rise. Can't see great dangers here. 
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