TORONTO, Aug. 23, 2021 /CNW/ - Robert Wessel, Managing Partner, Co-Founder, Hamilton ETFs., and his team joined Graham Mackenzie, Head, Exchange-Traded Products, TMX Group, to celebrate the launch of the ETF (TSX: HDIV) on Toronto Stock Exchange and open the market.

 

"We are excited to expand our ETF offerings with the launch of HDIV, an innovative ETF designed to help long-term investors meet their income needs with an initial target yield of 8.5% paid monthly," said Rob Wessel, Managing Partner at Hamilton ETFs. "HDIV will invest in an equal-weight portfolio of seven sector covered call ETFs with a diversified sector mix broadly similar to that of the S&P/TSX 60 while adding modest 25% leverage to enhance the yield and return potential for investors."

Hamilton ETFs is a Canadian investment manager specializing in the global financial services sector, with a portfolio management team boasting over 60 years of combined experience. The firm's specialized investment focus is driven by proprietary research, analysis, and analytical tools. Hamilton ETFs is also an active commentator on the global financial services sector; the firm's most recent Insights can be found at www.hamiltonetfs.com/insights-commentary.

For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact avservices@tmx.com. The client feature video will begin playing on the TMX media wall at approximately 9:27 a.m. ET and the markets will open with the sound of a siren at 9:30 a.m. ET

Date:   Monday, August 23, 2021
Time:   9:00am - 9:30am
Place:  Virtually Broadcast

SOURCE Toronto Stock Exchange

Copyright 2021 Canada NewsWire

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