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Bullboard - Stock Discussion Forum 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... see more

TSX:HMAX - Post Discussion

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Post by EdPaquette on Jul 25, 2023 9:10am

Does not win

Comparison between hmax and BK, hmax loses.
Comment by EdPaquette on Jul 25, 2023 9:14am
Comparison between hmax and FTN, hmax loses.
Comment by enjoytheride on Jul 27, 2023 6:09pm
why?
Comment by EdPaquette on Jul 27, 2023 8:27pm
Does not win because hmax nav deteriorates more.
Comment by fishcarrier on Jul 28, 2023 10:27am
How can you tell that?
Comment by enjoytheride on Jul 29, 2023 4:30pm
Nor sure I see that. April to end of June DFN NAV was down about 50 cents.. HMAX NAV down about 25 cents. Biggest difference ( aside from how they generate cash for distribuutions ) is FTN trades at $2 over NAV and HMAX trades at NAV.
Comment by EdPaquette on Jul 30, 2023 7:45am
Dfn is a piece of crop. Worst thing available on the market so don't change the topic.  If you invested $1000 in hmax when it was released a few months ago,  you would not have as much money if you had invested in bk or ftn.
Comment by enjoytheride on Jul 30, 2023 10:03am
Meant to say FTN rather than DFN. it's NAV was down 50 cents. Did you change the topic from NAV to price?
Comment by EdPaquette on Jul 30, 2023 9:18pm
https://stockhouse.com/companies/bullboard/t.ftn/financial-15-split-corp?postid=35563067 The latest guess for FTN's nav 17.48.  September 30, 2022 it was 17.24.  I call that stable, no idea what you don't understand. Ftn pays more and its nav is stable. Hmax may stabilize, but so far it's decaying.
Comment by enjoytheride on Jul 31, 2023 9:52am
I understand your point. Thanks for your insight. 
Comment by 1condor on Aug 21, 2023 5:21pm
To pick up some of this at this price???....or wait to see where the dust settles. Certainly does look attractive here below 14 bucks. Been quite the ugly ride for this one since it came to market...looks like UMAX (another I am thinking of picking up) is following the same path. Best question of course...when will the buggers bounce.
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