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Hamilton Canadian Financials Yield Maximizer ETF T.HMAX

Alternate Symbol(s):  HFMXF

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

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  • IndicatorX
Comment by Indicatoron Feb 22, 2023 3:53pm
553 Views
Post# 35299199

RE:RE:Capital erosion?

RE:RE:Capital erosion?Thanks, I was just today searching around at YouTube for any new HMAX posts and watched  that video you've suggested -  it does build some more confidence:

https://www.youtube.com/watch?v=-vVb_HECk74

I still have some more homework to do to answer nigggling questions like:

~ Faith in the option Jockey to outperform the market seems it may be an important ingredient.  When/how can things go badly for option traders and can HMAX's jockey continuously outperform?  I need to do some more homework on option trading to better understand the pitlaffs and challenges.

After 25 years in the market day and swing trading by the technicals, the older I get the less I want to be glued to my terminal, so the argument for keeping things simple with high interest ETF's is very attractive.  However I still bare the scars learned from falling in love with stocks over the years ;-)

Thanks for your post.




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