TORONTO--(BUSINESS WIRE)--Hamilton Capital Partners Inc. ("Hamilton ETFs") is pleased to announce the launch of the Hamilton REITs YIELD MAXIMIZER™ ETF ("RMAX"). RMAX seeks to deliver attractive monthly income, while providing exposure to an equal-weight portfolio of, primarily, real estate investment trusts that are domiciled/listed principally in Canada and the U.S. To supplement distribution income earned on its holdings, mitigate risk and reduce volatility, RMAX will employ an actively managed covered call overlay.
RMAX has closed the offering of its initial Class E units. Units of the ETF will begin trading on Thursday, June 20, 2024 on the Toronto Stock Exchange (“TSX”) under the ticker symbol “RMAX”.
“We are excited to announce the latest addition to our popular YIELD MAXIMIZER™ ETF line-up, RMAX. Given the sector’s history of providing reliable distributions and long-term capital appreciation, REITs continue to be a popular investment for income investors. RMAX provides investors with the potential for even higher monthly income and tax efficiency through our innovative ‘income first’ approach to covered call ETFs”, said Pat Sommerville, Senior Partner and Head of Business Development at Hamilton ETFs.
For more information on RMAX, and the rest of Hamilton ETFs’ innovative suite of ETFs, please visit www.hamiltonetfs.com.
About Hamilton Capital Partners Inc. (Hamilton ETFs)
With approximately $5 billion in assets under management, Hamilton ETFs is one of Canada’s fastest growing ETF providers, offering a suite of innovative exchanged traded fund (ETFs) designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; and the firm’s most recent Insights can be found at www.hamiltonetfs.com/insights-commentary.
Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.
