SMAX Stock Fund Price and Chart — TSX:SMAX

Overview

Analysis Holdings Discussions Technicals Seasonals

SMAX chart

Key stats

About HAMILTON US EQUITY YIELD MAXIMIZER UNIT CL E

The fund seeks to deliver attractive monthly income by holding a large-cap US equity portfolio with a covered call option writing program. The fund adviser aims for a representative sector mix of the US equity market. Since the fund is actively managed, the adviser has full discretion to make adjustments to the portfolio, which is rebalanced at least semi-annually. The fund also utilizes a covered call strategy, which allows the fund to mitigate downside risk and generate income. It generally writes at or slightly out-of-the-money call options with a term of less than two months on up to 100% of the portfolio value. Call options sold by the fund may either be exchange-traded or over-the-counter. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.

Classification

SMAX analysis

What's in the fund

Exposure type

Electronic Technology

Technology Services

Finance

Stock breakdown by region

Top 10 holdings

Technicals

Summarizing what the indicators are suggesting.

Oscillators

Neutral

SellBuy

Strong sellStrong buy