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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

Comment by baranjaon Jul 07, 2023 10:49am
159 Views
Post# 35530831

RE:RE:RE:RE:RE:RE:New here

RE:RE:RE:RE:RE:RE:New hereI agree, NAV going down is bad,.. no way around it, but if nav is flat or tiny down, call expires as other side will most likely purchase the stock and the fee is collected for nothing.  I do belive is good for sideways markets.  with 50% in call options. at least this is how i undrstand those calls.
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