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.

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Hamilton Canadian Financials Yield Maximizer ETF > July 16th NAV $13.80

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Comment by Investability00on Jul 24, 2024 10:54am

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Post# 36146118

RE:RE:July 16th NAV $13.80

June distribution was $0.1715 , and July distribution was $0.1695 . It is adjusted! I don't know if it is adjusted with the NAV or the Share price. BK which I own is adjusted to 15% of the share price averaged for the last 3 trading days of the month. HMAX uses 15.33% from my understanding. Since the share price is higher than last month I would guess it might be a slight bit higher distribution. The difference is very minute.

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