TORONTO, March 27, 2024 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) announced today an update to the investment risk rating of the exchange traded funds listed below (the “ETFs”).
ETF | Previous Risk Rating | Updated Risk Rating | Ticker Symbol (TSX) |
Hamilton Canadian Bank Equal-Weight Index ETF | Medium | Medium to high | HEB |
Hamilton Canadian Bank Mean Reversion Index ETF | Medium | Medium to high | HCA |
Such changes are a result of the risk rating methodology mandated by the Canadian Securities Administrators and an annual review by Hamilton ETFs to determine the risk level of its publicly-offered exchange traded funds.
No material changes have been made to the investment objectives, strategies or management of the ETF. The change in the risk ratings will be reflected in the ETFs’ offering documents, which will be completed in accordance with applicable securities laws.
About Hamilton ETFs
With over $4.7 billion in assets under management, Hamilton ETFs is one of Canada’s fastest growing ETF providers, offering a suite of innovative exchange traded funds (ETFs) designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; the firm’s most recent Insights can be found at www.hamilton.fundzen.com/insights-commentary.
Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.
For investor inquiries: Contact Hamilton ETFs at (416) 941-9888, [email protected]
For media inquiries: Contact Patrick Sommerville, Senior Partner, Head of Business Development, (416) 941-9250, [email protected].
This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to U.S. news wire services.