Hamilton ETFs Expands Yield Maximizer Suite with Three New Products

Hamilton Capital Partners Inc. (Hamilton ETFs) has received approval from the Ontario Securities Commission and conditional listing approval from the Toronto Stock Exchange (TSX) for three new yield-focused ETFs: Hamilton U.S. Bond Yield Maximizer ETF (HBND), Hamilton Technology Yield Maximizer ETF (QMAX), and Hamilton U.S. Equity Yield Maximizer ETF (SMAX). HBND, Canada’s first covered call bond ETF, is set to launch around September 15, 2023, with QMAX and SMAX to follow in Q4 2023. These ETFs aim to provide attractive monthly income by employing covered call option writing programs, offering exposure to various asset classes with indicated yields ranging from 10.1% to 13.1%. Pat Sommerville, Senior Partner and Head of Business Development at Hamilton ETFs, highlighted the appeal of these products for investors seeking higher yields from their portfolios.