Analysis

Key stats

About HAMILTON ENHANCED US COVE CALL ETF UNIT UNHEDGED CAD

The fund targets growth of capital and steady income, primarily focusing on US covered call ETFs. It uses leverage limited to 25% of its net asset value (NAV) to enhance potential returns. The fund actively checks and adjusts its investments, taking into account factors such as performance, yield, and changes in investment strategy. Leverage is mainly obtained through cash borrowing, while short sales and derivatives may also be utilized. To manage risks, the fund maintains a maximum exposure to cash borrowing, short selling, and derivatives within 25% of the funds NAV. The leverage ratio is kept constant at 1.25x, ensuring that the funds exposure does not exceed 125% of the NAV. This approach helps to limit risks and protect capital. The leverage ratio is recalibrated if deviations occur, ensuring risk stays within predefined limits.