Investment Q&A

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Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.71)
- $13.71 Cap: $941M
- View UMAX Profile
- View Questions on UMAX

Q: Hi 5i Team,

I'm interested in your views of buying something like UMAX using a margin account. It seems like the math works out provided a particular financial institution has a reasonable margin rate. I'm wondering if there's an angle I'm missing here. If not, is UMAX a good option for this idea? Or something else? I need more utilities and industrials in my portfolio so this would also help add to these.

Thanks as always for this wonderful service!
Lisa

Asked by Lisa on August 18, 2025

5i Research Answer:

UMAX offers a 14.24% current yield, but note that much of the distribution is in the form of...

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