HAMILTON US T-BILL YIELD MAXIMIZER HEDGED UNITHAMILTON US T-BILL YIELD MAXIMIZER HEDGED UNITHAMILTON US T-BILL YIELD MAXIMIZER HEDGED UNIT

HAMILTON US T-BILL YIELD MAXIMIZER HEDGED UNIT

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Key stats


Assets under management (AUM)
‪200.24 M‬CAD
Fund flows (1Y)
‪204.48 M‬CAD
Dividend yield (indicated)
7.70%
Discount/Premium to NAV
0.02%
Shares outstanding
‪13.24 M‬
Expense ratio

About HAMILTON US T-BILL YIELD MAXIMIZER HEDGED UNIT


Issuer
Hamilton Capital Partners, Inc.
Brand
Hamilton
Inception date
Sep 13, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
The fund employs a covered call option writing strategy while holding a portfolio of US Treasurys. The fund primarily invests in shorter-term US Treasury securities. It may also invest in longer-term US Treasury bonds through passively managed ETFs. To mitigate downside risk and generate income, the fund actively manages a covered call strategy that is expected to write at- or near-the-money call options on up to 100% of the longer-term US Treasurys portfolio value. The fund may also write cash-covered put options at the adviser's discretion. The strategy aims to generate attractive option premiums that increase cash flow for distribution and reinvestment, downside protection, and lower overall volatility of returns. The adviser reviews the portfolio on an ongoing basis and has full discretion to make buy, sell, and hold decisions at any time, including increasing or decreasing the percentage of options written.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to HBIL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HBIL trades at 15.10 CAD today, its price has fallen −0.10% in the past 24 hours. Track more dynamics on HBIL price chart.
HBIL net asset value is 15.10 today — it's fallen 0.11% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HBIL assets under management is ‪200.24 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HBIL price has fallen by −0.79% over the last month, and its yearly performance shows a −5.74% decrease. See more dynamics on HBIL price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.11% over the last month, showed a −0.15% decrease in three-month performance and has increased by 0.89% in a year.
HBIL fund flows account for ‪204.48 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HBIL invests in funds. See more details in our Analysis section.
No, HBIL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HBIL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HBIL shows the strong sell signal. See more of HBIL technicals for a more comprehensive analysis.
Yes, HBIL pays dividends to its holders with the dividend yield of 7.70%.
HBIL trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HBIL shares are issued by Hamilton Capital Partners, Inc.
HBIL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 13, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.