This information has been provided by Hamilton Capital Partners Inc. (“Hamilton Capital” or “HCP”) for informational purposes only. No information provided herein shall constitute, or be constituted as an offer to sell or a solicitation of an offer to acquire units of any Hamilton Capital fund. There is no guarantee of performance, and past or projected performance is not indicative of future results. Investors should be aware that values change frequently and there is the risk of potential loss of principal. Commissions, trailing commissions, management fees and expenses all may be associated with investments. Please read the prospectus or offering memorandum before investing.
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 email@example.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.
Return figures are based on the Class D lead units for Hamilton Capital Global Financials Fund LP (“HCGF”) and are net of management fees, performance fees (if any), trailing commissions (if any) and expenses. Other classes may have different fees and minimum investments. Any indicated rates of return are the historical annual or year-to-date compounded returns, including changes in security value and reinvestment of all distributions and does not take into account any applicable redemption charges or income taxes payable by any security holder that would have reduced returns.
The S&P 500 Index (“SPX”) is a widely known capitalization-weighted equity index of U.S. large-cap companies. The S&P 500 Financials Index (“S5FINL”, “U.S. Financials”) is a sub-set of the S&P 500 Index of those U.S. companies classified as financials by global industry classification standards (“GICS”). The S&P/TSX Financials Index (“STFINL”, “Canadian Financials”) is a sub-set of the S&P/TSX Index of those Canadian companies classified as financials by GICS. The S&P Global 1200 Financials Index (“SGFS”, “Global Financials”) is a sub-set of the S&P Global 1200 Index of those companies classified as financials by GICS. The KBW Bank Index (“BKX”) is a modified capitalization-weighted equity index of 24 U.S. large-cap banks, including money centers and large regionals. The S&P/TSX Diversified Banks Index (“STDBNK”, “Canadian banks”) is a sub-set of the S&P/TSX Index of those Canadian companies classified as diversified banks by global industry classification standards (“GICS”).
The STOXX Europe 600 Banks Index (“SX7P”, “European Banks”) is a capitalization-weighted equity index which includes European companies involved in the banking sector. This index is denominated in euros, and hence its returns are influenced both by movements in the underlying stocks, as well as the movement in the currency of the various stocks versus the euro.
The S&P/TSX Index (“SPTSX”) is a widely known capitalization-weighted equity index of Canadian companies. The S&P Global 1200 Index (“SPGLOB”) is a composite index of seven regional/country indices: S&P 500, S&P Europe 350, S&P/TOPIX 150 (Japan), S&P TSX 60 (Canada), S&P/ASX 50 (Australia), S&P Asia 50 and S&P Latin America 40. The MSCI World Banks Index (“MSCI World Banks”, “MXWO0BK”) is a free float equity-weighted index of bank stocks from over twenty developed market countries. The KBW Regional Banking Index (“KRX”) is a modified capitalization-weighted equity index of 50 U.S. regional mid-cap banks. The KBW Nasdaq Global Bank Index (“GBKXN”,”Global Banks Index”) is an equally weighted index designed to track the performance of the world’s leading banks that have been classified as Globally Systematically Important by the Financial Stability Board (FSB) and Basel Committee on Banking Supervision. The KBW Nasdaq Financial Sector Dividend Yield Index (“KDXTR”, “Financial Sector Dividend Index”) consists of the most liquid and high dividend yielding names across the financial sector. KDXTR total return is calculated using the dividend yield weighted methodology.
Hamilton Capital does not invest in all or necessarily any of the securities that compose these indices.
Products and Services
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(a) Scope of Commentary: HCP does not provide any “personalized” investment advice. We publish information regarding companies in which we believe our readers may be interested. The opinions expressed in our commentary are those of the authors. You should not rely solely upon the content of our commentary for your investments, but should always do your own research and due diligence on any investment you engage in. Investments in the securities markets are speculative and involve substantial risk and you assume all risk associated with the investment process. Only you can determine what level of risk is appropriate for you. HCP does not guarantee any level of investment profits should the analysis be followed by you, nor the accuracy, completeness, or suitability of the investments discussed.
(b) Third Party Sources: Most of our information is derived directly from information published by the companies on which we report and/or from other sources we believe are reliable, without our independent verification. Therefore, we cannot assure you that the information is accurate or complete.
(c) Securities Ownership: Our personnel may own positions in the securities mentioned in our commentary. Employees and others affiliated with HCP are not permitted to trade in the securities mentioned in a research report for the 5 days prior and 5 days following publishing the commentary. Note, HCP is in no way compensated for publishing information about companies mentioned in our commentary.
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