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Alternative Equity Focus
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|
Close (04-24-2024) |
$20.78 |
|---|---|
| Change |
-$0.12
(-0.55%)
|
| Open | $20.80 |
|---|---|
| Day Range | $20.68 - $20.94 |
| Volume | 47,251 |
As at March 31, 2024
As at February 29, 2024
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Inception Return (October 15, 2020): 20.04%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 7.23% | 6.72% | 23.73% | 6.72% | 16.70% | -1.93% | 11.01% | - | - | - | - | - | - | - |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 2.33% | 13.77% | 13.77% | 8.40% | 14.38% | 5.99% | 5.81% | 11.19% | - | - | - | - | - | - |
| Category Rank | 10 / 189 | 84 / 166 | 16 / 160 | 84 / 166 | 67 / 151 | 116 / 134 | 21 / 101 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 3 | 1 | 3 | 2 | 4 | 1 | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.86% | -6.72% | 4.51% | 4.82% | -7.84% | -2.64% | -7.61% | 10.45% | 13.61% | -2.46% | 2.03% | 7.23% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
19.17% (December 2021)
-11.87% (June 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 64.83% | -17.53% | 11.74% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% |
| Quartile Ranking | - | - | - | - | - | - | - | 1 | 4 | 2 |
| Category Rank | - | - | - | - | - | - | - | 2/ 97 | 104/ 123 | 57/ 150 |
64.83% (2021)
-17.53% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 124.70 |
| Cash and Equivalents | -24.70 |
| Name | Percent |
|---|---|
| Exchange Traded Fund | 124.70 |
| Cash and Cash Equivalent | -24.70 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Hamilton Canadian Bank Equal-Weight Idx ETF (HEB) | 124.70 |
| Cash and Cash Equivalents | -24.70 |
Hamilton Enhanced Canadian Bank ETF
Median
Other - Alternative Equity Focus
| Standard Deviation | 24.28% | - | - |
|---|---|---|---|
| Beta | 1.43% | - | - |
| Alpha | 0.00% | - | - |
| Rsquared | 0.62% | - | - |
| Sharpe | 0.44% | - | - |
| Sortino | 0.71% | - | - |
| Treynor | 0.07% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 24.55% | 24.28% | - | - |
| Beta | 1.70% | 1.43% | - | - |
| Alpha | -0.05% | 0.00% | - | - |
| Rsquared | 0.79% | 0.62% | - | - |
| Sharpe | 0.55% | 0.44% | - | - |
| Sortino | 1.10% | 0.71% | - | - |
| Treynor | 0.08% | 0.07% | - | - |
| Tax Efficiency | 80.76% | - | - | - |
| Start Date | October 15, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | - |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $21.79 |
| 52 Week Low | $16.43 |
| Annual Dividend | $1.52 |
| Annual Yield | - |
| Index | Solactive Canadian Bank Mean Reversion Index |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
The investment objective of HCAL is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, variable-weight Canadian bank index. Specifically, the ETF seeks to replicate a 1.25 times multiple of the Solactive Canadian Bank Mean Reversion Index (or any successor thereto).
HCAL will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Solactive Canadian Bank Mean Reversion Index in order to track approximately 1.25x the performance of such Index.
| Name | Start Date |
|---|---|
| Hamilton Capital Partners Inc. | 10-07-2020 |
| Fund Manager | Hamilton Capital Partners Inc. |
|---|---|
| Advisor | Hamilton Capital Partners Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | TSX Trust Company |
| Distributor | - |
| Auditor | KPMG LLP |
| MER | 1.46% |
|---|---|
| Management Fee | 0.65% |
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