Hamilton U.S. Financials YIELD MAXIMIZER™ ETF
Maximize Income from U.S. Financials
HIGHLIGHTS
Yield of 12.23%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on June 30, 2026. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions
Diversification beyond single stocks with exposure to the largest U.S. financials
Flexible coverage ratio adjusted to achieve target yield and preserve upside
Active covered call strategy managed by options team with 50+ years of experience, led by Nick Piquard
A GOOD FIT FOR INVESTORS WHO WANT
Higher tax-efficient monthly income
Modest long-term growth potential
Unhedged exposure to the largest financial services companies in the U.S.
Reduced volatility from options strategy
INVESTMENT OVERVIEW
FMAX is designed to deliver attractive monthly income while providing exposure to an equal-weight portfolio of U.S. financial services companies. To reduce volatility and augment dividend income, FMAX will employ an active covered call strategy.
FMAX does not use leverage.
Performance
- TICKER FMAX
- NAV $18.01
- 1 DAY CHANGE +$0.16
-
YIELD % *
Current annualized yield.
12.23 - ASSETS $195.6M
Total Returns (incl. Dividends)
- ticker 0.0%
- 1 month 5.2%
- 3 months 6.9%
- 6 months -2.3%
- ytd -2.3%
- 1 year 3.8%
- inception* 15.2%
- as of date 600.0%
Hamilton U.S. Financials YIELD MAXIMIZER™ ETF
- Overview
- Distributions
- Documents
| ticker | name | weight |
| MS | Morgan Stanley | 5.7% |
| BAC | Bank of America Corp | 5.7% |
| C | Citigroup Inc | 5.6% |
| JPM | JPMorgan Chase & Co | 5.5% |
| V | Visa Inc | 5.5% |
| AXP | American Express Co | 5.5% |
| WFC | Wells Fargo & Co | 5.4% |
| GS | Goldman Sachs Group Inc/The | 5.4% |
| COF | Capital One Financial Corp | 5.3% |
| PGR | Progressive Corp/The | 5.2% |
| BRK/B | Berkshire Hathaway Inc | 5.1% |
| CB | Chubb Ltd | 5.1% |
| MA | Mastercard Inc | 5.0% |
| BX | Blackstone Inc | 5.0% |
| SCHW | Charles Schwab Corp/The | 4.9% |
| MRSH | Marsh & McLennan Cos Inc | 4.9% |
| BLK | Blackrock Inc | 4.8% |
| SPGI | S&P Global Inc | 4.8% |
| ICE | Intercontinental Exchange Inc | 3.7% |
| CME | CME Group Inc | 3.6% |
| Written Call Options | -0.8% | |
| Cash and Other Assets/Liabilities | -0.9% |
| Ticker | FMAX |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407851104 |
| Inception Date | February 6, 2024 |
| Investment Style | U.S. Financials, Covered Call |
| Assets | $195.6M CAD* |
| Current Annualized Yield | 12.23%* |
| Distributions | Monthly |
| Currency Hedging | CAD-unhedged |
| Rebalancing | Semi-annual |
| Management Fee | 0.65% |
| Risk Rating | Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 254900WDRK09FX1X1Y60 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2026-06-30 | 2026-07-08 | Monthly | $0.1750 |
| 2026-05-29 | 2026-06-05 | Monthly | $0.1700 |
| 2026-04-30 | 2026-05-07 | Monthly | $0.1710 |
| 2026-03-31 | 2026-04-08 | Monthly | $0.1690 |
| 2026-02-27 | 2026-03-06 | Monthly | $0.1700 |
| 2026-01-30 | 2026-02-06 | Monthly | $0.1750 |
| 2025-12-31 | 2026-01-08 | Monthly | $0.1770 |
| 2025-11-28 | 2025-12-05 | Monthly | $0.1760 |
| 2025-10-31 | 2025-11-07 | Monthly | $0.1770 |
| 2025-09-29 | 2025-10-07 | Monthly | $0.1770 |
| 2025-08-29 | 2025-09-08 | Monthly | $0.1760 |
| 2025-07-31 | 2025-08-08 | Monthly | $0.1760 |
| 2025-06-30 | 2025-07-08 | Monthly | $0.1750 |
| 2025-05-30 | 2025-06-06 | Monthly | $0.1700 |
| 2025-04-30 | 2025-05-07 | Monthly | $0.1640 |
| 2025-03-31 | 2025-04-07 | Monthly | $0.1640 |
| 2025-02-28 | 2025-03-07 | Monthly | $0.1650 |
| 2025-01-31 | 2025-02-07 | Monthly | $0.1640 |
| 2024-12-31 | 2025-01-08 | Monthly | $0.1630 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.1610 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1600 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1620 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1620 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.1615 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.1615 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.1630 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.1630 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1605 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.1600 |
You can view public filings for the Hamilton U.S. Financials YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest FMAX Press Releases
Fact Sheet
FMAX Fact Sheet (2026-05-29) English Français
ETF Facts
FMAX ETF Facts (2026-01-08) English Français
Prospectus
FMAX Prospectus (2026-01-08) English Français
Financial Statements & MRFP
Annual Report (2025-12-31) English Français
Interim Report (2025-06-30) English Français
Latest Portfolio Summary
Q1 2026 Portfolio Summary (2026-03-31) Download
Proxy Voting
Proxy Voting Report (2024-07 to 2025-06) Download
Independent Review Committee
2025 Annual Report to Securityholders (2026-03-06) Download