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Sector Equity
|
NAVPS (04-02-2026) |
$13.46 |
|---|---|
| Change |
-$0.01
(-0.06%)
|
As at February 28, 2026
As at February 28, 2026
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Inception Return (June 15, 2023): 8.89%
| 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 | 5.64% | 6.20% | 8.99% | 7.20% | 13.45% | 10.72% | - | - | - | - | - | - | - | - |
| Benchmark | 7.72% | 10.06% | 21.64% | 8.62% | 38.79% | 30.37% | 22.89% | 16.36% | 17.10% | 16.70% | 14.94% | 13.89% | 12.66% | 13.67% |
| Category Average | -1.29% | -2.68% | 4.04% | -1.14% | 12.61% | 12.56% | 18.08% | 10.01% | 7.80% | 12.63% | 11.71% | 11.21% | 11.85% | 12.33% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.30% | -0.56% | 2.22% | -0.62% | 0.80% | 2.54% | 1.22% | -0.69% | 2.10% | -0.94% | 1.48% | 5.64% |
| Benchmark | -1.51% | -0.10% | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% |
5.68% (July 2024)
-4.53% (December 2024)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 5.84% | 9.91% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | -0.43% | 20.39% | 1.55% | 22.37% | 29.99% | 15.34% | -25.24% | 26.53% | 20.41% | 15.55% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
9.91% (2025)
5.84% (2024)
| Name | Percent |
|---|---|
| Canadian Equity | 92.08 |
| Income Trust Units | 7.92 |
| Cash and Equivalents | 0.00 |
| Name | Percent |
|---|---|
| Energy | 23.84 |
| Utilities | 23.38 |
| Industrial Services | 23.28 |
| Telecommunications | 22.94 |
| Industrial Goods | 7.92 |
| Name | Percent |
|---|---|
| North America | 92.08 |
| Latin America | 7.92 |
| Name | Percent |
|---|---|
| Canadian Pacific Kansas City Ltd | 8.03 |
| TC Energy Corp | 8.00 |
| Rogers Communications Inc Cl B | 7.97 |
| Enbridge Inc | 7.97 |
| Fortis Inc | 7.93 |
| Hydro One Ltd | 7.92 |
| Brookfield Infrastructure Partners LP - Units | 7.92 |
| Pembina Pipeline Corp | 7.87 |
| Canadian National Railway Co | 7.83 |
| BCE Inc | 7.75 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.62% | - | - | - |
| Beta | 0.57% | - | - | - |
| Alpha | -0.06% | - | - | - |
| Rsquared | 0.65% | - | - | - |
| Sharpe | 1.57% | - | - | - |
| Sortino | 4.93% | - | - | - |
| Treynor | 0.18% | - | - | - |
| Tax Efficiency | 55.45% | - | - | - |
| Start Date | June 15, 2023 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
The investment objective of UMAX is to deliver attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the United States. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, UMAX will employ a covered call option writing program.
UMAX will seek to achieve its investment objective by investing in utility services companies, primarily listed in Canada and the United States, including, but not limited to, those companies operating in subsectors such as utilities, pipelines, telecommunications and industrials. UMAX may also invest in other securities, including Other Funds to obtain direct or indirect exposure to the same securities in a manner that is consistent with UMAX’s investment objective.
| Portfolio Manager |
Hamilton Capital Partners Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Hamilton Capital Partners Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.79% |
|---|---|
| Management Fee | 0.65% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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