Mr. Patrick Sommerville reports
HAMILTON ETFS ANNOUNCES MONTHLY DISTRIBUTIONS FOR JANUARY 2023
Hamilton Capital Partners Inc. has declared cash distributions for its exchange-traded funds with monthly payouts, all of which trade on the Toronto Stock Exchange, for the month ended Jan. 31, 2023.
The Hamilton Canadian Financials Yield Maximizer ETF (ticker HMAX), which began trading on the Toronto Stock Exchange on Jan. 23, 2023, will not pay a distribution for the month ended Jan. 31, 2023, owing to the shortened period. Its first distribution (18.5 cents per unit) will be paid for the month ended Feb. 28, 2023.
The ex dividend date for these distributions is anticipated to be Jan. 30, 2023, for all unitholders of record on Jan. 31, 2023. The distributions will be paid in cash or, if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF, on or about Feb. 10, 2023.
ETF name Ticker Regular cash Annualized Frequency
distribution per unit yield (1)
Hamilton Global Financials ETF HFG $0.0700 4.21% Monthly
Hamilton Canadian Bank Mean Reversion Index ETF HCA $0.0960 5.21% Monthly
Hamilton Enhanced Canadian Bank ETF HCAL $0.1270 7.06% Monthly
Hamilton Enhanced Canadian Financials ETF HFIN $0.0750 6.48% Monthly
Hamilton Enhanced Multi-Sector Covered Call ETF HDIV $0.1350 9.83% Monthly
Hamilton Enhanced U.S. Covered Call ETF HYLD $0.1400 13.66% Monthly
HYLD.U $0.1400 (U.S.) 13.48% Monthly
Hamilton Enhanced Utilities ETF HUTS $0.0790 6.50% Monthly
(1) Calculated using the Jan. 20, 2023, net asset value per unit for each ETF, which is available on the
Hamilton ETFs website.
(2) Distributions will vary from period to period.
About Hamilton Capital Partners Inc. (Hamilton ETFs)
Hamilton ETFs is a Canadian investment manager specializing in the global financial services sector. With $2-billion in assets under management, the firm offers a suite of exchange-traded funds, including both rules-based and actively managed mandates. Hamilton ETFs is also an active commentator on the global financial services sector; the firm's most recent insights can be found on the Hamilton ETFs website.
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