HDIV.TO

Fund Overview

HDIV is a fund-of-funds managed by Hamilton ETFs that invests in a basket of Hamilton's own suite of Canadian sector-focused covered-call ETFs and adds leverage using borrowed cash, aiming to enhance the income and return profile of that underlying covered-call basket.

Index Strategy

HDIV allocates across Hamilton's own family of Canadian sector covered-call ETFs (spanning sectors such as banks, utilities, and energy in a mix broadly similar to the Canadian large-cap market) and applies approximately 1.25 times leverage through cash borrowing rather than derivatives, magnifying both the gains and losses of the underlying basket.

Geographic Exposure

All underlying exposure is to Canadian sector-focused equity portfolios via other Hamilton-managed ETFs listed on Canadian exchanges; the fund does not hold securities listed on foreign exchanges.

Principal Risks

As a fund-of-funds that uses borrowed cash to add leverage on top of a portfolio of underlying covered-call equity ETFs, HDIV.TO carries leverage risk (losses as well as gains are magnified relative to an unleveraged fund, and leverage costs reduce returns), the risk that its covered-call overlays cap upside participation in rising markets, and the general equity-market and sector-concentration risk of its underlying holdings.

Source Documents

• Hamilton Enhanced Canadian Covered Call ETF — official fund product page — Hamilton ETFs (2026-07-29)