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  5. HMAX: Are there reasons for me not to hold a 15% weighting of this very high paying Eft in my riff account if I am only interested in yield? [Hamilton Canadian Financials Yield Maximizer ETF]
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Q: Are there reasons for me not to hold a 15% weighting of this very high paying Eft in my riff account if I am only interested in yield? Thanks! James
Asked by JAMES on May 23, 2023
5i Research Answer:

We can't provide personal position sizes but would have no major concerns owning HMAX as an income vehicle. Because it is all financials we would however check one's overall exposure to the sector as many Canadians own a lot of bank stocks already.