Hamilton Healthcare
Yield Maximizer ETF

  • Ticker LMAX
  • Yield % 0.1466

Higher Income from Healthcare Leaders

HIGHLIGHTS

Initial Monthly Distribution: $0.1466*Subject to change based on market fluctuations

Initial NAV: $16

Exposure to the largest healthcare companies in the U.S.

Active covered call strategy managed by an experienced options team led by Nick Piquard, with 25+ years of experience specializing in options

A GOOD FIT FOR INVESTORS WHO WANT

Attractive monthly income

Tax efficient distributions

Modest long-term growth potential

Reduced volatility from options strategy

INVESTMENT OBJECTIVE

LMAX is designed for attractive monthly income, while providing exposure to an equal-weight portfolio of primarily U.S. large-cap healthcare companies. To reduce volatility and augment dividend income, LMAX will employ an active covered call strategy.

LMAX does not use leverage.

Performance

  • TICKER LMAX
  • NAV $16.30
  • 1 DAY CHANGE +$0.10
  • YIELD *

    Current annualized yield, as at February 07, 2024

    0.1466%
  • ASSETS $118.4M

Higher Monthly Income

What Makes LMAX Different?

  • Overview
  • Distributions
  • Documents

Holdings

As at February 07, 2024

tickernameweight
UNH Unitedhealth Grp5.0%
LLY Eli Lilly & Co5.0%
JNJ Johnson&Johnson5.0%
ABBV Abbvie Inc5.0%
MRK Merck & Co5.0%
PFE Pfizer Inc5.0%
TMO Thermo Fisher5.0%
ABT Abbott Labs5.0%
AMGN Amgen Inc5.0%
DHR Danaher Corp5.0%
BMY Bristol-Myer Sqb5.0%
ELV Elevance Health5.0%
MDT Medtronic Plc5.0%
ISRG Intuitive Surgic5.0%
SYK Stryker Corp5.0%
GILD Gilead Sciences5.0%
VRTX Vertex Pharm5.0%
CVS CVS Health Corp5.0%
REGN Regeneron Pharm5.0%
CI The Cigna Group5.0%

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.
[table “55” not found /]

Distributions

LMAX 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.
[table “60” not found /]

You can view public filings for the Hamilton Healthcare Yield Maximizer ETF on SEDAR.

Press Releases

View the latest LMAX Press Releases

Fact Sheet

LMAX Fact Sheet (2024-02-07) English Français

ETF Facts

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

Prospectus

LMAX Prospectus (2024-01-12) English Français

    Stay Informed!

    We are Canada's leading specialists in the financials sector.
    Subscribe to get notified of our latest insights, updates and upcoming events.