Key stats
About HAMILTON US T-BILL YIELD MAXIMIZER HEDGED UNIT
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Inception date
Sep 13, 2024
Structure
Canadian Mutual Fund Trust (ON)
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.49%
Cash0.74%
Rights & Warrants−0.23%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HBIL top holdings are iShares 0-3 Month Treasury Bond ETF and iShares 20+ Year Treasury Bond ETF, occupying 79.15% and 20.34% of the portfolio correspondingly.
HBIL last dividends amounted to 0.10 CAD. The month before, the issuer paid 0.10 CAD in dividends,
HBIL assets under management is 200.24 M CAD. It's risen 6.08% over the last month.
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.
Yes, HBIL pays dividends to its holders with the dividend yield of 7.70%. The last dividend (Jun 6, 2025) amounted to 0.09 CAD. The dividends are paid monthly.
HBIL shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Sep 13, 2024, and its management style is Active.
HBIL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HBIL invests in funds.
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.
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 trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.