Hamilton Utilities Yield Maximizer ETF (UMAX.TO)
14.20
+0.04
(+0.25%)
CAD |
TSX |
May 02, 12:16
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.80% | 0.08% | 259.58M | 81342.87 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 12.18% | 17.77% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of UMAX is to deliver attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the United States. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, UMAX will employ a covered call option writing program. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Sector Equity |
| Category Index | -- |
| Global Category Name | Utilities Sector Equity |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Hamilton Capital Partners Inc. |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 0.80 yrs |
Performance Versus Category
As of May 01, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 01, 2024.
Basic Info
| Investment Strategy | |
| The investment objective of UMAX is to deliver attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the United States. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, UMAX will employ a covered call option writing program. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Sector Equity |
| Category Index | -- |
| Global Category Name | Utilities Sector Equity |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Hamilton Capital Partners Inc. |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 0.80 yrs |