Hamilton U.S. Equity
Yield Maximizer ETF

  • Ticker SMAX
  • Yield % 0.161

Higher Income from U.S. Equity Leaders

HIGHLIGHTS

Last distribution of $0.161 per unit*Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.; monthly distributions

Blue-chip U.S. equity exposure, with a sector mix similar to the S&P 500

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

Higher monthly income

Tax efficient distributions

Modest long-term growth potential from U.S. sector leaders

Reduced volatility from options strategy

INVESTMENT OBJECTIVE

SMAX is designed for attractive monthly income, while providing exposure to a portfolio of primarily large-cap U.S. equity securities. To reduce volatility and augment dividend income, SMAX will employ an active covered call strategy.

SMAX does not use leverage.

Performance

  • TICKER SMAX
  • NAV $18.08
  • 1 DAY CHANGE +$0.05
  • YIELD *

    Current annualized yield, as at January 31, 2024

    0.161%
  • ASSETS $354.2M

Attractive Monthly Income

What Makes SMAX Different?

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at January 31, 2024

  Communications 8.4%
  Consumer Discretionary 11.3%
  Consumer Staples 8.3%
  Energy 3.9%
  Financials 8.4%
  Health Care 11.9%
  Industrials 8.0%
  Real Estate 4.1%
  Technology 33.8%
  Utilities 3.8%

Holdings

As at January 31, 2024

tickernameweight
NVDANVIDIA Corp4.8%
CRMSalesforce Inc4.6%
AVGOBroadcom Inc4.5%
METAMeta Platforms Inc4.4%
JPMJPMorgan Chase & Co4.3%
HDHome Depot Inc/The4.2%
COSTCostco Wholesale Corp4.2%
LLYEli Lilly & Co4.1%
PLDPrologis Inc4.1%
AMZNAmazon.com Inc4.1%
VVisa Inc4.1%
MSFTMicrosoft Corp4.1%
BRK/BBerkshire Hathaway Inc4.1%
PGProcter & Gamble Co/The4.1%
JNJJohnson & Johnson4.0%
ADBEAdobe Inc4.0%
GOOGLAlphabet Inc4.0%
UNPUnion Pacific Corp4.0%
GEGeneral Electric Co4.0%
CSCOCisco Systems Inc4.0%
XOMExxon Mobil Corp3.9%
NEENextEra Energy Inc3.8%
UNHUnitedHealth Group Inc3.7%
AAPLApple Inc3.7%
TSLATesla Inc3.0%

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.
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Distributions

SMAX 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.
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You can view public filings for the Hamilton U.S. Equity Yield Maximizer ETF on SEDAR.

Press Releases

View the latest SMAX Press Releases

Fact Sheet

SMAX Fact Sheet (2024-01-31) English Français

ETF Facts

SMAX ETF Facts (2023-09-08) English Français

Prospectus

SMAX Prospectus (2023-09-08) English Français

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