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HAMILTON CHAMPIONS TM Canadian Dividend Index ETF (CMVP $18.64)
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HAMILTON CHAMPIONS TM U.S. Dividend Index ETF (SMVP $16.38)
Q: I am slowly transition my portfolio from individual stocks to ETFs. I am looking for ETFs that will focus on dividend payers (in the US and Cdn markets trading on the TSX) and Hamilton has recently come out with CMVP and SMVP which are purported to provide good income and growth with less volatility. They also have leveraged versions which I am not opposed to as these would be 10year investments.
Would these be good choices or would you recommend other ETFs with similar objectives.
Would these be good choices or would you recommend other ETFs with similar objectives.
5i Research Answer:
CMVP/SMVP; both of course are new, and we would like to see longer performance numbers, but they have grown nicely so far. We have no issues with their set up, strategy, holdings or fees. Both have decent gains in the past three months, and both are doing exactly as intended. It is hard to gauge "lower volatility' with such a short time frame of existence, but based on the strategy/index we would not be too concerned here. We would consider them good funds.