Hamilton Enhanced U.S. Covered Call ETF T.HYLD.U

Primary Symbol: T.HYLD

The investment objective of HYLD is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, equal-weighted, diversified by sector index of U.S.-focused covered call ETFs HYLD will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Solactive U.S. Covered Call ETFs Index in order to track approximately 1.25x the performance of such Index. As an alternative to, or in conjunction with investing in and holding the constituent securities, HYLD may also invest in other securities, including Other Funds (as defined herein) to obtain exposure to the constituent securities of the Index in a manner that is consistent with HYLDs investment objective. HYLD may also hold cash and cash equivalents or other money market instruments in order to meet its obligations.

TSX:HYLD - Post by User

Hamilton Enhanced U.S. Covered Call ETF > Divvy will not outweigh capital erosion??

<< Previous

Bullboard Posts

Next >>

Comment by BlueJay2020on Jun 18, 2023 9:54pm

308 Views

Post# 35502790

RE:RE:RE:Divvy will not outweigh capital erosion??

They got too greedy with the distribution - they maxed it out instead of leaving a bit of a buffer to weather upstream diistribution cuts. Not a good look to have such a significant cut so soon after launching. It has recovered a bit since, of course.

<< Previous

Bullboard Posts

Next >>

Northstar Gold surveys large potential copper resource extension