TORONTO, December 20, 2023 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce the regular cash and an update to its estimated annual special cash distributions for its suite of ETFs, all of which trade on the Toronto Stock Exchange, for the period ended December 31, 2023.

Regular cash distributions

Distributions may vary from period to period.

The ex-dividend date for these distributions is anticipated to be December 28, 2023, for all unitholders of record on December 29, 2023. The distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF, on or about January 8, 2024.

ETF Name Ticker Regular Cash Distribution per Unit Frequency
Hamilton Global Financials ETF HFG $0.0700 Monthly
Hamilton Canadian Bank Mean Reversion Index ETF HCA $0.0960 Monthly
Hamilton Canadian Bank Equal-Weight Index ETF HEB $0.0690 Monthly
Hamilton Enhanced Canadian Bank ETF HCAL $0.1270 Monthly
Hamilton Enhanced Canadian Financials ETF HFIN $0.0750 Monthly
Hamilton Enhanced Utilities ETF HUTS $0.0790 Monthly
Hamilton Enhanced Multi-Sector Covered Call ETF HDIV $0.1410 Monthly
Hamilton Enhanced U.S Covered Call ETF HYLD $0.1210 Monthly
HYLD.U US$0.1210 Monthly
Hamilton Canadian Financials Yield Maximizer ETF HMAX $0.1745 Monthly
Hamilton Utilities Yield Maximizer ETF UMAX $0.1720 Monthly
Hamilton U.S. Bond Yield Maximizer ETF HBND $0.1315 Monthly
Hamilton Technology Yield Maximizer ETF QMAX $0.1800 Monthly
Hamilton U.S. Equity Yield Maximizer ETF SMAX $0.1600 Monthly
Hamilton Financials Innovation ETF HFT $0.0150 Quarterly
Hamilton U.S. Mid/Small-Cap Financials ETF(1) HUM $0.1000 Quarterly
Hamilton Australian Bank Equal-Weight Index ETF HBA $0.3100 Quarterly
  1. Distributions for Hamilton U.S. Mid/Small-Cap Financials ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HUM. The approximate U.S. dollar equivalent distribution rate for HUM.U is US$0.0750 per unit. For unitholders who hold the U.S. dollar traded HUM.U, distribution payments will typically be converted to U.S. dollars by the unitholder’s account holder.

Updated Estimated Special Cash Distributions

Hamilton ETFs also announces today an update to its estimated special cash distributions to be paid to ETF unitholders for the 2023 tax year (see table below). Please note this is an update to the estimated special cash distributions previously announced on December 4, 2023.

ETFs are required to distribute any net income and capital gains earned in the year. The distributions labeled as “Estimated Special Cash Distributions per Unit” in the table below (“Special Cash Distributions”) will be paid in cash, or if the unitholder has enrolled in the DRIP, reinvested in additional units of the ETFs, on or about January 8, 2024.  The Special Cash Distribution rates in the table below are presented on an estimated basis. A press release confirming the final special cash distributions will be disseminated on or about the record date of the distributions.

The ETFs are not expected to announce any annual non-cash distributions (“Non-Cash Distributions”) for the 2023 tax year, based on current estimated distributions, as presented in the below table.  The final annual non-cash distributions, if there are any, will not be paid in cash but will be reinvested and reported as taxable distributions, and will be used to increase each unitholder’s adjusted cost base for the respective ETF.

The ex-dividend date for the special cash distributions and any potential annual non-cash distributions is anticipated to be December 28, 2023, for all unitholders of record on December 29, 2023. In early 2024, the tax characteristics of all 2023 distributions will be reported to brokers via CDS.

ETF Name Ticker Symbol Estimated

Special Cash Distribution per Unit (1)(2)

Hamilton Australian Bank Equal-Weight Index ETF HBA $0.255
Hamilton Canadian Bank Mean Reversion Index ETF HCA $0.165
  1. The Special Cash Distribution for Hamilton Australian Bank Equal-Weight Index ETF listed in the table is expected to be comprised of capital gains.
  2. The Special Cash Distribution for Hamilton Canadian Bank Mean Reversion Index ETF listed in the table is expected to be comprised primarily of dividend income.

About Hamilton Capital Partners Inc. (Hamilton ETFs)

With over $3 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 may constitute a forward-looking statement, including those identified by the expression “expect” and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable 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]

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