Hamilton etfs announces december 2022 and estimated special cash distributions

Toronto--(business wire)--hamilton capital partners inc. (“hamilton etfs”) is pleased to announce the regular cash and an update to its estimated annual special cash distributions for its suite of etfs, all of which trade on the toronto stock exchange, for the period ended december 31, 2022. regular cash distributions the ex-dividend date for these distributions is anticipated to be december 29, 2022, for all unitholders of record on december 30, 2022. the distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (“drip”), reinvested in additional units of the etf, on or about january 12, 2023. etf name ticker symbol regular cash distribution per unit annualized yield(1) frequency hamilton global financials etf hfg $0.0700 4.18% monthly hamilton canadian bank mean reversion index etf hca $0.0960 5.63% monthly hamilton enhanced canadian bank etf hcal $0.1270 7.77% monthly hamilton enhanced canadian financials etf hfin $0.0750 7.09% monthly hamilton enhanced multi-sector covered call etf hdiv $0.1250 9.82% monthly hamilton enhanced u.s covered call etf hyld $0.1400 14.28% monthly hyld.u $0.1400 14.11% monthly hamilton enhanced utilities etf huts $0.0790 6.95% monthly hamilton financials innovation etf hft $0.0150 0.44% quarterly hamilton u.s. mid/small-cap financials etf(2) hum $0.1000 1.63% quarterly hamilton australian bank equal-weight index etf hba $0.3100 5.51% quarterly distributions will vary from period to period. updated estimated special cash distributions hamilton etfs also announces today an update to its estimated special cash distributions to be paid to etf unitholders for the 2022 tax year (see table below). please note this is an update to the estimated special cash distributions previously announced on december 6, 2022. etfs are required to distribute any net income and capital gains earned in the year. the distributions labeled as “estimated special cash distributions per unit” in the table below (“special cash distributions”) will be paid in cash, or if the unitholder has enrolled in the drip, reinvested in additional units of the etfs, on or about january 12, 2023. the special cash distribution rates in the table below are presented on an estimated basis. a press release confirming the final special cash distributions will be disseminated on or about the record date of the distributions. the etfs are not expected to announce any annual non-cash distributions (“non-cash distributions”) for the 2022 tax year, based on current estimated distributions, as presented in the below table. the final annual non-cash distributions, if there are any, will not be paid in cash but will be reinvested and reported as taxable distributions, and will be used to increase each unitholder’s adjusted cost base for the respective etf. the ex-dividend date for the special cash distributions and any potential annual non-cash distributions is anticipated to be december 29, 2022, for all unitholders of record on december 30, 2022. in early 2023, the tax characteristics of all 2022 distributions will be reported to brokers via cds. etf name ticker symbol estimated special cash distribution per unit (1) estimated annual non-cash distribution per unit hamilton global financials etf hfg $1.244 nil hamilton canadian bank mean reversion index etf hca nil nil hamilton enhanced canadian bank etf hcal nil nil hamilton enhanced canadian financials etf hfin nil nil hamilton enhanced multi-sector covered call etf hdiv nil nil hamilton enhanced u.s covered call etf hyld nil nil hyld.u nil nil hamilton enhanced utilities etf huts nil nil hamilton financials innovation etf hft nil nil hamilton u.s. mid/small-cap financials etf(2) hum $0.458 nil hamilton australian bank equal-weight index etf hba $0.601 nil about hamilton capital partners inc. (hamilton etfs) hamilton etfs is a canadian investment manager specializing in the global financial services sector. with over $1.8 billion in assets under management, the firm offers a suite of exchange traded funds including both rules-based and actively managed mandates. hamilton etfs is also an active commentator on the global financial services sector; the firm’s most recent insights can be found at www.hamiltonetfs.com/insights-commentary. commissions, management fees and expenses all may be associated with an investment in exchange traded funds (etfs). please read the prospectus before investing. etfs are not guaranteed, their values change frequently and past performance may not be repeated. certain statements may constitute a forward-looking statement, including those identified by the expression “expect” and similar expressions (including grammatical variations thereof). the forward-looking statements are not historical facts but reflect the author’s current expectations regarding future results or events. these forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. these and other factors should be considered carefully and readers should not place undue reliance on such forward looking statements. these forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
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