- 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
- “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
HBG and HFY Manager Commentary
HFY: Are REITs Set to Underperform the Financials? (Jan 16, 2017)
Top 10 Holdings1
|1||ARCC||Ares Capital Corp||United States||3.1%|
|2||WBC||Westpac Banking Corp||Australia||3.1%|
|3||LGEN||Legal and General Group||United Kingdom||3.0%|
|4||HSBA||HSBC Holdings PLC||United Kingdom||3.0%|
|5||NAB||National Australia Bank||Australia||3.0%|
|7||NDA||Nordea Bank AB||Sweden||3.0%|
|8||ZURN||Zurich Insurance Group||Switzerland||3.0%|
|10||PACW||PacWest Bancorp||United States||2.8%|
1. As at February 7, 2017, as a percent of net asset value.
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.
2016-12-13 Howard J. Atkinson Joins Board of Hamilton Capital (CNW)
2016-01-14 Hamilton Capital products among a crowded field of ETF hopefuls (Globe and Mail)
To view the filings of the Hamilton Capital Global Financials Yield ETF (HFY) on SEDAR, please click here.
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 firstname.lastname@example.org, 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.