The Hamilton Utilities YIELD MAXIMIZER^™ ETF (UMAX) provides diversified exposure to the largest utilities, telecoms, and pipelines in Canada.

In addition to the attractive dividends these companies pay, UMAX is able to offer higher monthly cashflows by writing call options on these stocks in exchange for cash premiums.

UMAX has a 13%+ target yield*As at January 31, 2024. Distributions are not fixed or guaranteed. Hamilton ETFs may, in its complete discretion, change the frequency or expected amount of these distributions. Target yield is an estimate of the annualized yield an investor would receive if the target distribution remained unchanged for the next 12 months, stated as a percentage of the net asset value per unit on the as at date.and pays monthly distributions.