HFY: Hamilton Capital Global Financials Yield ETF

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Highlights
  • Actively managed portfolio of over 50 higher yielding global financial services companies
  • Universe includes ~400 global financials with yields greater than 5%
  • Quarterly distributions
  • Global/sector diversification with exposure to ~15 countries and 10 sub-sectors
  • Scroll down for HBG and HFY Manager Commentary
Targeted Attributes
  • “REIT-like” yield, with positive rate sensitivity
  • Favourable valuations and positive growth trends in consensus EPS and dividends
  • Diversification by position, geography and sub-sector
  • Lower concentration risk/correlations
Exposures1

HFY Geo Pie Chart 2017-02-07

Top 10 Holdings1
#
Ticker
Name
Country
Weight
1ARCCAres Capital CorpUnited States3.1%
2WBCWestpac Banking CorpAustralia3.1%
3LGENLegal and General GroupUnited Kingdom3.0%
4HSBAHSBC Holdings PLCUnited Kingdom3.0%
5NABNational Australia BankAustralia3.0%
6LAZLazardUnited States3.0%
7NDANordea Bank ABSweden3.0%
8ZURNZurich Insurance GroupSwitzerland3.0%
9SWEDASwedbank ABSweden3.0%
10PACWPacWest BancorpUnited States2.8%

1. As at February 7, 2017, as a percent of net asset value.

Overview

The investment objective of Hamilton Capital Global Financials Yield ETF (“HFY”) is to seek long-term returns from an actively managed portfolio consisting of regular dividend and distribution income with modest long-term capital growth by investing in global financial services companies, including but not limited to, commercial and investment banks, insurance companies, brokerages, asset managers, exchanges, real estate investment trusts and other investment companies. The ETF invests primarily in equity and equity related securities of financial companies located anywhere around the globe.

HFY will seek to achieve its investment objective through the selection of financial services companies located around the globe that, in the Portfolio Adviser’s view, have good long-term prospects of increasing dividends and distribution payments. To determine those companies that fit this criteria, the Portfolio Adviser will apply specialized analysis and expertise, reviewing a company’s individual attributes such as its own yield, valuation and growths prospects, as well as its macro environment, including, but not limited to, GDP growth, inflation and interest rate trends, fiscal and monetary policies, and regulatory trends.

At any time, it is anticipated that the ETF’s portfolio will be made up of between approximately 50 and 80 issuers. Such investments will be diversified by country and by sub-sector. HFY will primarily invest in equity securities listed on major global exchanges, including ADRs, and may also, from time to time, invest in preferred securities. The Portfolio Adviser may, at its discretion, hedge some or all of the ETF’s non-Canadian dollar currency exposure.

Documents

To view the filings of the Hamilton Capital Global Financials Yield ETF (HFY) on SEDAR, please click here.

Summary Document

2017-01-16   HFY Summary (English)  |  (French)

Prospectus

2017-01-16   Prospectus (English)  |  (French)

Financial Statements

2016-06-30   Interim Financial Statements (English)  |  (French)

Quarterly Summary of Investment Portfolio

2016-09-30   2016Q3 Summary of Investment Portfolio

2016-03-31   2016Q1 Summary of Investment Portfolio

 


Disclaimer: A prospectus containing important information relating to these securities has been filed with the securities commissions or similar authorities in certain jurisdictions of Canada. Copies of the prospectus may be obtained from etf@hamilton-capital.com, www.hamilton-capital.com or on the SEDAR website (www.sedar.com).

Commissions, trailing commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Hamilton Capital Partners Inc. (the “Hamilton Products”). The Hamilton Products are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the Hamilton Products. Please read the prospectus before investing.

Are you an accredited investor?

Products offered by Hamilton Capital Partners Inc. have a minimum subscription amount of $150,000, unless you meet the definition of an "accredited investor" under National Instrument 45-106 Prospectus and Registration Exemptions.

If you meet the definition of an "accredited investor", you may invest a minimum of $25,000. Please consult the offering documents to determine your qualification status. Investment Advisors should consult their company's internal policies.

The Subscriber must be (and will be at the time the Subscription is executed) an accredited investor under National Instrument 45-106 Prospectus and Registration Exemptions ("NI 45-106")

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