Cboe Canada Inc today welcomed Hamilton Capital Partners (Hamilton ETFs) as its latest ETF issuer, with today’s launch of the DayMAX suite of ETFs.
Now listed and trading on Cboe Canada under the symbols QDAY, SDAY, and CDAY, the new ETFs offer access to Canadian and U.S. equities and are the first-ever Canadian ETFs to utilize zero days to expiration (“0DTE”) options to provide income.
“We are excited to launch Canada’s first suite of 0DTE ETFs with Cboe Canada, whose commitment to innovation makes them a strong fit for this launch,” said Jennifer Mersereau, Co-CEO and Co-Founder of Hamilton ETFs. “Our new DayMAX™ lineup is purpose-built for income-focused investors and aims to generate higher and more frequent income by writing daily call options and employing modest 25% leverage, while providing exposure to Canadian equities, U.S. equities, and Technology, respectively.”
The new Hamilton ETFs are as follows:
- Hamilton Enhanced Technology DayMAX™ ETF – (QDAY) invests primarily in U.S. technology-focused equities, while employing an actively managed, primarily ultra-short-term option strategy to generate additional income. The fund also uses modest leverage to boost income.
- Hamilton Enhanced U.S. Equity DayMAX™ ETF – (SDAY) aims to provide income through U.S. equity exposure, utilizing an active ultra-short-term options strategy and modest leverage to supplement returns from its underlying holdings.
- Hamilton Enhanced Canadian Equity DayMAX™ ETF – (CDAY) seeks to deliver income while providing exposure primarily, but not exclusively, to Canadian equities. To supplement income earned from its holdings, the fund employs an actively managed, ultra-short-term option strategy on its North American equity exposure.
“We are proud to partner with Hamilton ETFs on their inaugural listings on Cboe Canada. The rollout of the DayMAX™ ETF suite by Hamilton ETFs marks an exciting milestone for the Canadian ETF industry,” commented Victor Werny, Head of North American ETP Listings at Cboe Global Markets. “As a leader in the global derivatives space, we could not be more thrilled to be a part of these unique product launches that feature 0DTE option strategies. We look forward to supporting Hamilton ETFs as they continue to expand upon their innovative product lineup.”
Investors can trade units of all Hamilton ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.
