Hamilton Enhanced Canadian Bank ETF (HCAL.TO)
21.20
+0.12
(+0.57%)
CAD |
TSX |
May 10, 15:59
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.16% | 0.03% | 532.19M | 47970.80 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 7.19% | 101.6% | 98.38M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of HCAL is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a 1.25 times multiple of the performance of an equal-weight Canadian bank index. HCAL will use leverage. The leverage may be created through the use of cash borrowings and shall not exceed the limits on the use of leverage described herein or as otherwise permitted under applicable securities legislation. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Equity Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Equity |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Hamilton Capital Partners Inc. |
| Prospectus Benchmark Index | |
| Solactive Canadian Bank Mean Rev CAD | 125.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 3.55 yrs |
Performance Versus Category
As of May 09, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 09, 2024.
Basic Info
| Investment Strategy | |
| The investment objective of HCAL is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a 1.25 times multiple of the performance of an equal-weight Canadian bank index. HCAL will use leverage. The leverage may be created through the use of cash borrowings and shall not exceed the limits on the use of leverage described herein or as otherwise permitted under applicable securities legislation. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Equity Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Equity |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Hamilton Capital Partners Inc. |
| Prospectus Benchmark Index | |
| Solactive Canadian Bank Mean Rev CAD | 125.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 3.55 yrs |