HAMILTON ENHANCED MLTI SCTR COVE CA EL E UNITHAMILTON ENHANCED MLTI SCTR COVE CA EL E UNITHAMILTON ENHANCED MLTI SCTR COVE CA EL E UNIT

HAMILTON ENHANCED MLTI SCTR COVE CA EL E UNIT

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Key stats


Assets under management (AUM)
‪611.43 M‬CAD
Fund flows (1Y)
‪177.82 M‬CAD
Dividend yield (indicated)
11.01%
Discount/Premium to NAV
−0.006%
Shares outstanding
‪34.47 M‬
Expense ratio
2.64%

About HAMILTON ENHANCED MLTI SCTR COVE CA EL E UNIT


Issuer
Hamilton Capital Partners, Inc.
Brand
Hamilton
Inception date
Jul 19, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
No Underlying Index
Management style
Active
Tax on distributions
Qualified dividends
HDIV is a fund-of-funds that makes a leveraged bullish bet on the Solactive MultiSector Covered Call ETFs Index, an equal-weighted index of seven North American covered call ETFs selected across multiple sectors. Eligible ETFs must: 1) be listed on the Toronto Stock Exchange (TSX), 2) be an equity fund with covered call options overlay, 3) be denominated in CAD, and 4) must have a trading price record at least 365 days prior to selection date. Additionally, the funds must be classified under one of the following sectors/industries: Banks, Utilities, IT, Insurance, Gold Miners, Energy, Health Care, or Broad Market. The underlying index rebalances semi-annually. As a geared product with daily resets, HDIV is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 31, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF100.00%
Miscellaneous0.00%
Cash−0.00%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows