Hamilton Enhanced
Canadian Financials ETF

  • Ticker HFIN
  • Yield % 5.72

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HFIN | Hamilton Enhanced Canadian Financials ETF

HIGHLIGHTS

Top performing
Canadian financials ETF
*Since inception on January 26, 2022 to May 31, 2024. Based on a universe of nine Canadian financials ETFs that trade on the Toronto Stock Exchange, including unlevered strategies.

Yield of 5.72%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on May 31, 2024 with monthly distributions

Equal-weight portfolio of Canada’s 12 largest financial services companies

Modest 25% cash leverage to enhance yield and return potential

A GOOD FIT FOR INVESTORS WHO WANT

Attractive monthly distributions

Enhanced yield and growth potential from modest 25% cash leverage

Diversified exposure to Canada’s
large-cap banks and insurers

FUND OBJECTIVE

 

HFIN seeks to replicate a 1.25 times multiple of the Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT), comprised of equal-weightings of the top 12 largest Canadian financial services companies, while adding modest 25% cash leverage to enhance growth potential and yield.

Performance

  • TICKER HFIN
  • NAV $15.07
  • 1 DAY CHANGE +$0.08
  • YIELD *

    Current annualized yield, as at May 31, 2024

    5.72%
  • ASSETS $122.6M

Total Returns (incl. Dividends)

As at May 31, 2024

  • ticker 0.00%
  • 1 month 3.87%
  • 3 months 4.24%
  • 6 months 18.35%
  • year to date 9.01%
  • 1 year 28.35%
  • inception* 5.81%
  • as of date 202400.00%

Growth of $10,000 Invested

As at May 31, 2024

Benefits of Modest Leverage1

Since April 2011

1Based on Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT) x 1.25 and Canadian Financials as represented by the S&P/TSX Capped Financials Index (SPTSFN) from April 29, 2011 to May 31, 2024. Source: Bloomberg, Solactive AG, Hamilton ETFs

Higher Yield2

 

2Current annualized yield. Canadian Financials as represented by the S&P/TSX Capped Financials Index (SPTSFN), at May 31, 2024. Source: Bloomberg, Hamilton ETFs

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at May 31, 2024

  Asset Management 8.6%
  Banks 49.9%
  Insurance 41.4%

Holdings

As at May 31, 2024

tickernameweight
RYRoyal Bank of Canada11.2%
MFCManulife Financial11.1%
BNBrookfield Corp10.8%
NANational Bank of Canada10.6%
CMCanadian Imperial Bank of Commerce10.6%
FFHFairfax Financial Holdings10.4%
BNSBank of Nova Scotia10.3%
IFCIntact Financial10.2%
GWOGreat-West Lifeco10.1%
BMOBank of Montreal10.0%
SLFSun Life Financial9.8%
TDToronto-Dominion Bank9.5%
Total (including modest ~25% leverage)124.6%

Please note the portfolio weights include modest ~25% leverage via cash borrowing (not derivatives), provided by a Canadian financial institution.

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHFIN
ExchangeToronto Stock Exchange (TSX)
CUSIP407364108
Inception DateJanuary 26, 2022
Investment StyleIndex-based, modest 25% leverage
BenchmarkSolactive Canadian Financials Equal-Weight Index TR
Assets$122.6M CAD*
Current Annualized Yield5.72%*
DistributionsMonthly
RebalancingSemi-Annual
Management Fee0.65%
Risk RatingMedium to High
AuditorKPMG LLP
Legal Entity Identifier549300COL2AQM2EJU464

Distributions

HFIN distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePaidFrequencyAmount
2024-05-312024-06-07Monthly$0.0750
2024-04-292024-05-07Monthly$0.0750
2024-03-272024-04-05Monthly$0.0750
2024-02-282024-03-07Monthly$0.0750
2024-01-302024-02-09Monthly$0.0750
2023-12-282024-01-08Monthly$0.0750
2023-11-292023-12-07Monthly$0.0750
2023-10-302023-11-07Monthly$0.0750
2023-09-282023-10-06Monthly$0.0750
2023-08-302023-09-08Monthly$0.0750
2023-07-282023-08-08Monthly$0.0750
2023-06-292023-07-10Monthly$0.0750
2023-05-302023-06-07Monthly$0.0750
2023-04-272023-05-05Monthly$0.0750
2023-03-302023-04-13Monthly$0.0750
2023-02-272023-03-10Monthly$0.0750
2023-01-302023-02-10Monthly$0.0750
2022-12-292023-01-12Monthly$0.0750
2022-11-292022-12-12Monthly$0.0750
2022-10-282022-11-10Monthly$0.0750
2022-09-282022-10-13Monthly$0.0750
2022-08-302022-09-13Monthly$0.0750
2022-07-282022-08-11Monthly$0.0750
2022-06-292022-07-13Monthly$0.0750
2022-05-302022-06-10Monthly$0.0725
2022-04-282022-05-11Monthly$0.0725
2022-03-302022-04-12Monthly$0.0725
2022-02-252022-03-10Monthly$0.0725

You can view public filings for the Hamilton Enhanced Canadian Financials ETF on SEDAR+.

Press Releases

View the latest HFIN Press Releases

Fact Sheet

HFIN Fact Sheet (2024-05-31) English Français

ETF Facts

HFIN ETF Facts (2024-01-12) English Français

Prospectus

HFIN Prospectus (2024-01-12) English Français

Financial Statements

Annual Financial Statements (2023-12-31) English Français
Interim Financial Statements (2023-06-30) English Français

Latest Portfolio Summary

Q1 2024 Portfolio Summary (2024-03-31) Download

Independent Review Committee

2023 Annual Report to Securityholders (2024-03-13) Download

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