TORONTO, Feb. 6, 2023
/CNW/ - Representatives from Hamilton ETFs joined Richard
Rohan, Chief Growth Officer, Trust, Toronto Stock Exchange
(TSX), to celebrate the launch of the Hamilton Canadian Financials
Yield Maximizer ETF (TSX: HMAX) and open the market.
Hamilton ETFs is a Canadian investment manager specializing in
the global financial services sector. With over $1.7 billion in assets under management, the firm
offers ten exchange traded funds including both rules-based and
active mandates. 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.
"Monthly cash flow continues to be of significant importance to
many Canadian investors, and we are excited to launch HMAX, which
has been designed with those investors in mind. With an
initial target yield of 13%+, HMAX will be the highest yielding
financials ETF in Canada and
provide exposure to a portfolio of Canadian banks and financials
with an innovative active covered call strategy to maximize monthly
income and reduce volatility", said Pat
Sommerville, Senior Partner and Head of Business Development
at Hamilton ETFs.
SOURCE Toronto Stock Exchange