36.19000 CAD
0.06
0.17%
Last update Dec 12, 3:55 PM EST
Market closed
Day range
36.16000
36.35000
Previous close
36.25
Open
36.35000
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Hamilton Enhanced Canadian Bank ETF
36.19
0.06
0.17%

Overview

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Description

The Hamilton Enhanced Canadian Bank ETF is a type of Exchange-Traded Fund (ETF) designed to provide investors with exposure to the Canadian banking sector. Its primary function is to offer enhanced returns through a strategy that combines the benefits of traditional Canadian bank investing with an added leverage component. The fund primarily invests in the stocks of the largest and most established Canadian banks, leveraging to amplify returns from these holdings. This makes it particularly impactful in the financial services sector, where Canadian banks are globally recognized for their stability and dividend payouts. The ETF is significant in the market for investors seeking to capture the growth and dividend potential of Canadian banks while benefiting from increased exposure through leverage. Its role is to cater to those looking for more aggressive growth strategies within the realm of Canadian financial equities.

About

Address
Phone
Website
Instrument type
ETF
Country
Canada
MIC code
NEOE
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