TORONTO, September 3, 2019 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) and Purpose Investments Inc. (“Purpose”) are pleased to announce that they have entered into a purchase and sale agreement (the “Purchase Agreement”), whereby Hamilton ETFs will acquire the management contract of Purpose Global Financials Income Fund (TSX: PFG). Subject to obtaining all required securityholder and regulatory approvals, as well as the satisfaction of all other…
Hamilton ETFs
Scotia’s Pacific Alliance and Five Takeaways on Global Growth
Last week, Bank of Nova Scotia reported its Q3 results and its International Banking division generated solid double-digit earnings growth, supported by a strong economic backdrop and acquisitions. Within this segment is the Bank’s operations in the Pacific Alliance, the Latin American trade bloc that includes Peru, Chile, Columbia, and Mexico. This very large emerging markets platform has over $100 bln in loans, generates earnings of…
BNN Bloomberg: Royal Bank Q3 Earnings & Canadian Banks Outlook
Rob Wessel was on BNN Bloomberg this morning to discuss Q3 earnings results for RBC and our outlook for the Canadian banks and the Hamilton Canadian Bank Variable-Weight ETF (HCB). Click here to watch the interview. Note to Reader: This Insight includes references to certain Hamilton ETFs that were active at the time of writing. On June 29, 2020, the following mergers took place: (i) Hamilton Global…
European Banks in Charts: Credit Normalization vs. Margins
The European banking sector includes some of the world’s largest banks, making its health and profitability very important to the global markets. Given the sustained weakness in the sector (the STOXX Europe 600 Banks has fallen ~30% since the beginning of 2018), we thought it would be helpful to review key balance sheet and income statement trends – in 14 charts – since the European sovereign…
U.S. Mid-Caps Continue to Generate Outsized EPS Growth; P/Es at ~20% Discount to 5 Year Average
In Q2 2019, portfolio-weighted EPS[1] grew 12% for the holdings in the Hamilton U.S. Mid-Cap Financials ETF (USD) (ticker: HFMU.U). The growth in the quarter was nearly 200 bps ahead of the large cap financials at 10.1%[2] and has outgrown its large cap peers every quarter since HFMU.U was launched eight quarters ago. Note to Reader: This Insight includes references to certain Hamilton ETFs that were…
12th Straight Quarter of 10%+ EPS Growth; Valuations at Five-Year Lows
In Q2 2019, the holdings in the Hamilton Global Bank ETF (ticker: HBG) reported portfolio-weighted EPS growth of 14% Y/Y[1], driven by robust U.S. banks fundamentals (~55% weight) and a diversified portfolio of global banks (~45% weight). This is the twelfth consecutive quarter of double-digit portfolio-weighted EPS growth for HBG. The strong growth was led by U.S. banks (especially mid-caps operating in southeast and southwest), India,…
Hamilton ETFs Announces Lowering of ETF Risk Ratings
TORONTO, August 6, 2019 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) announced today that, effective on or about August 7, 2019, the risk ratings of the exchange-traded funds set out below (the “ETFs”) will be lowered as follows: ETF Current Risk Rating New Risk Rating Hamilton Global Financials Yield ETF (formerly Hamilton Capital Global Financials Yield ETF) Medium Low to Medium Hamilton Australian Financials Yield ETF…
Hamilton Capital Partners Announces Rebranding as Hamilton ETFs
TORONTO, August 6, 2019 – Hamilton Capital Partners Inc. is pleased to announce that it is rebranding as “Hamilton ETFs”, reflecting the firm’s commitment to the exchange-traded fund structure and the benefits that ETFs provide Canadian investors. The company will also be updating the names of its exchange-traded funds to reflect the new brand. “Starting with the launch of our first ETF in 2016, we have…
Hamilton Capital Announces Q3 2019 Monthly Distributions for HCB, HFA
TORONTO, July 24, 2019 – Hamilton Capital Partners Inc. (“Hamilton Capital”) is pleased to announce the monthly cash distributions for its Hamilton Capital Canadian Bank Variable-Weight ETF (ticker “HCB”) and Hamilton Capital Australian Financials Yield ETF (ticker “HFA”), both of which trade on the Toronto Stock Exchange, for the third quarter of 2019. The ex-dividend date for each month’s distribution is indicated in the table below…
Global Exchanges, E-Brokers and Fin-Tech: Secular and Structural Growth Drivers Abound
We had the opportunity to meet the management of over a dozen global exchanges, e-brokers and fin-tech firms at a recent conference in New York. Global exchanges and e-brokers have benefitted from multiple secular, regulatory and cyclical tailwinds in recent years, which have resulted in strong growth trajectory and robust stock returns. The Hamilton Capital Global Financials Yield ETF (HFY) [1] has ~4% exposure to exchanges and e-brokers,…
Hamilton Capital Announces June 2019 Distributions
TORONTO, June 21, 2019 – Hamilton Capital Partners Inc. (“Hamilton Capital”) is pleased to announce the cash distributions for its suite of financial services ETFs, all of which trade on the Toronto Stock Exchange, for the period end June 30, 2019. The ex-dividend date for these distributions is anticipated to be June 27, 2019, for all unitholders of record on June 28, 2019. The distributions will…
Notes from Nashville: Titans of Growth
We recently travelled to Nashville to meet with a small group of Tennessee-based banks, all of which operate in the state capital, and half of which are holdings in the Hamilton Capital Global Bank ETF (ticker: HBG) and the Hamilton Capital U.S. Mid-Cap Financials ETF (USD) (ticker: HFMU.U). We also had an opportunity to speak with the Nashville Area Chamber of Commerce. It was a great…