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Hamilton Capital Australian to begin trading Dec. 17

2018-12-14 16:10 ET - News Release

Mr. Patrick Sommerville of Hamilton Capital reports

HAMILTON CAPITAL LAUNCHES HAMILTON CAPITAL AUSTRALIAN FINANCIALS YIELD ETF

Hamilton Capital Partners Inc. has launched the Hamilton Capital Australian Financials Yield ETF (HFA). HFA seeks long-term returns consisting of regular dividend income with modest long-term capital growth from an actively managed equity portfolio composed primarily of Australia-based financial service companies. HFA will also employ a covered-call strategy to help generate additional income and to help mitigate downside risk. Horizons ETFs Management (Canada) Inc. will act as subadviser to HFA solely for the writing of covered-call options on its portfolio securities.

HFA has closed the offering of its initial units. Units of the exchange-traded fund will begin trading on Dec. 17, 2018, on the Toronto Stock Exchange under the ticker symbol HFA.

"We are very excited to launch HFA, which is intended to provide investors with exposure to a world-class financial services sector with a history of long-term outperformance versus the Canadian financials. Australia is also home to some of the world's best-capitalized banks, which outperformed their Canadian peers during the global financial crisis. With a portfolio of high-dividend-yielding stocks, HFA is well suited, in our opinion, for investors seeking attractive monthly dividends and portfolio diversification from a group of companies operating in one of the world's most successful economies," said Rob Wessel, managing partner at Hamilton Capital.

HFA joins Hamilton Capital's suite of financial services equity ETFs:

  • HCB (Toronto Stock Exchange), the Hamilton Capital Canadian Bank Variable-Weight ETF, a rule-based mean reversion strategy with monthly rebalancing and monthly distributions;
  • HFY (TSX), the Hamilton Capital Global Financials Yield ETF, an actively managed portfolio of global financials with a dividend yield of 4.91 per cent (1);
  • HBG (TSX), the Hamilton Capital Global Bank ETF, an actively managed portfolio of global banks, which is about 19 per cent ahead of the global bank index (2);
  • HFMU.U (TSX), the Hamilton Capital U.S. Mid-Cap Financials ETF (U.S. dollar), which offers exposure to a higher-growth category of U.S. financials with a history of long-term outperformance versus their large-cap peers.

(1) As of Nov. 30, 2018.

(2) The KBW Nasdaq Global Bank Net Total Return Index in Canadian dollars as of Nov. 30, 2018, since inception.

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