Hamilton ETFs Announces Fee Holiday for Hamilton Canadian Bank Equal-Weight Index ETF (TSX Ticker: HEB) & Hamilton Canadian Financials Index ETF (TSX Ticker: HFN)
Hamilton ETFs Announces Fee Holiday for Hamilton Canadian Bank Equal-Weight Index ETF (TSX Ticker: HEB) & Hamilton Canadian Financials Index ETF (TSX Ticker: HFN)
TORONTO--(BUSINESS WIRE)-- Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce that it has temporarily eliminated the management fee for Hamilton Canadian Bank Equal-Weight Index ETF (“HEB”) through to January 31, 2026, such that, until that time, the management fees of HEB will be nil (“Fee Holiday”).
This Fee Holiday for HEB, which becomes effective today, aligns with a temporary elimination of the management fee on the Hamilton Canadian Financials Index ETF, for which a final prospectus was filed today, and which is expected to be listed on the TSX on or about January 21, 2025 under the ticker, HFN (“HFN”).
HEB seeks to replicate, to the extent reasonably possible and before the deduction of fees and expenses, the performance of an equal weight Canadian bank index, specifically the Solactive Equal Weight Canada Banks Index. HFN will seek to replicate, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a rules-based, equal-weighted Canadian financials index, specifically the Solactive Canadian Financials Equal-Weight Index.
“As one of Canada’s leading providers of financials ETFs, we are excited to offer investors a unique opportunity to invest in Canada’s world-class financial sector with zero management fees for a full year. This special offer applies to HEB and its soon-to-be-launched sister ETF, HFN, and reflects our ongoing commitment to helping investors get more from their portfolios”, said Pat Sommerville, Senior Partner, Co-President at Hamilton ETFs.
For more information on HEB, HFN and the rest of the Hamilton ETFs innovative suite of exchange traded funds, please visit www.hamiltonetfs.com.
About Hamilton Capital Partners Inc. (Hamilton ETFs)
With $7 billion in assets under management, Hamilton ETFs is one of Canada’s fastest growing ETF providers, offering a suite of innovative exchange traded funds (ETFs) designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; 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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Contacts
For investor inquiries: Contact Hamilton ETFs at (416) 941-9888, info@hamiltonetfs.com
For media inquiries: Contact Louis Ribieras, Managing Director, Marketing, (416) 941-9888, lribieras@hamiltonetfs.com
Source: Hamilton Capital Partners Inc.