Key stats
About Hamilton Enhanced U.S. Covered Call ETF Trust Units -Unhedged-
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Inception date
Feb 4, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Hamilton Capital Partners, Inc.
ISIN
CA40736Q2080
The fund targets growth of capital and steady income, primarily focusing on US covered call ETFs. It uses leverage limited to 25% of its net asset value (NAV) to enhance potential returns. The fund actively checks and adjusts its investments, taking into account factors such as performance, yield, and changes in investment strategy. Leverage is mainly obtained through cash borrowing, while short sales and derivatives may also be utilized. To manage risks, the fund maintains a maximum exposure to cash borrowing, short selling, and derivatives within 25% of the funds NAV. The leverage ratio is kept constant at 1.25x, ensuring that the funds exposure does not exceed 125% of the NAV. This approach helps to limit risks and protect capital. The leverage ratio is recalibrated if deviations occur, ensuring risk stays within predefined limits. Prior to July 1, 2022, the fund aimed to provide 1.25x leveraged exposure to the Solactive U.S. Covered Call ETFs Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.69%
Cash0.31%
Miscellaneous−0.00%
Stock breakdown by region
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
Frequently Asked Questions
HYLD.U top holdings are Hamilton U.S. Equity YIELD MAXIMIZER (TM) ETF Trust Units E and Hamilton Technology YIELD MAXIMIZER (TM) ETF Trust Units E, occupying 54.01% and 24.33% of the portfolio correspondingly.
HYLD.U assets under management is 73.29 M USD. It's risen 10.25% over the last month.
HYLD.U fund flows account for 43.21 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HYLD.U doesn't pay dividends to its holders.
HYLD.U shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Feb 4, 2022, and its management style is Active.
HYLD.U expense ratio is 2.42% meaning you'd have to pay 2.42% of your investment to help manage the fund.
HYLD.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HYLD.U invests in funds.
HYLD.U price has risen by 5.08% over the last month, and its yearly performance shows a 6.70% increase. See more dynamics on HYLD.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.13% over the last month, showed a 13.02% increase in three-month performance and has increased by 21.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.13% over the last month, showed a 13.02% increase in three-month performance and has increased by 21.59% in a year.
HYLD.U trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.