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BMO Covered Call Utilities ETF (ZWU)
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Hamilton Enhanced Canadian Bank ETF (HCAL)
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Hamilton Canadian Financials Yield Maximizer ETF (HMAX)
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Hamilton Utilities Yield Maximizer ETF (UMAX)
Q: From what I understand from 5i - HCAL should move up much faster than HMAX and ZWU should move up faster than UMAX when the market begins its recovery. Is this a correct analogy? Thx James
5i Research Answer:
Yes; HMAX's 1.25 leverage will help it in a sector rally, and UMAX's 'at the money' option strategy will likely see it lag ZWU somewhat in a sector rally.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWU.