TORONTO, September 20, 2017 /CNW/ – Hamilton Capital Partners Inc. (“Hamilton Capital”) is pleased to announce the distribution for its ETFs, the Hamilton Capital Global Bank ETF (ticker “HBG”) and the Hamilton Capital Global Financials Yield ETF (ticker “HFY”), both of which trade on the Toronto Stock Exchange, for the period ended September 30, 2017.
The Hamilton Capital U.S. Mid-Cap Financials ETF (USD) (ticker “HFMU.U”), which began trading on the Toronto Stock Exchange on September 5, 2017, will not pay a distribution for the period ended September 30, 2017, owing to the shortened period.
The ex-dividend date for the distributions is anticipated to be September 28, 2017, for all unitholders of record on September 29, 2017. 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 October 12, 2017.
| ETF Name | Ticker Symbol | Distribution per Unit | Annualized Yield (1) | Frequency |
| Hamilton Capital Global Bank ETF (2) | HBG | $0.090 | 1.74% | Quarterly |
| HBG.U | $0.090 | 1.74% | Quarterly | |
| Hamilton Capital Global Financials Yield ETF (2) | HFY | $0.195 | 4.79% | Quarterly |
| HFY.U | $0.195 | 4.79% | Quarterly |
1. Calculated using the September 15, 2017 net asset value per unit, which is available at www.hamilton-capital.com.
2. Distributions for Hamilton Capital Global Bank ETF and Hamilton Capital Global Financials Yield ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded tickers HBG.U and HFY.U, respectively. As of September 19, 2017, the approximate U.S. dollar equivalent distribution rate for HBG.U is $0.0739 per unit and HFY.U is $0.1600 per unit. For unitholders who hold the U.S. dollar traded HBG.U and HFY.U, distribution payments will typically be converted to U.S. dollars by the unitholder’s account holder.
Distributions will vary from period to period.
About Hamilton Capital Partners Inc. (www.hamilton-capital.com)
Hamilton Capital is an investment manager headquartered in Toronto. Specializing in global financial services, its team of professionals has 50 years of experience. The firm employs a specialized investment process, augmented by proprietary research, analysis, and analytical tools to manage its portfolio of investment products. Hamilton Capital is an active commentator on the global financial services sector. The firm’s most recent Insights can be found at www.hamilton-capital.com.
For further information: Patrick Sommerville, Partner, Managing Director of Business Development, 416-941-9250, psommerville@hamilton-capital.com, or Daniel Carthew, Manager, Business Development, 416-941-9681, dcarthew@hamilton-capital.com.
SOURCE Hamilton Capital Partners Inc.