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Hamilton U.S. Equity

SMAX YIELD MAXIMIZER ETF

YIELD % Higher Income from U.S. Equity Leaders

10.30% The Hamilton U.S. Equity YIELD MAXIMIZER ETF (SMAX) is designed to provide higher
monthly income from large-cap U.S. equities, while employing an active covered call strategy.

SMAX Highlights Attractive Monthly Income

• Monthly distributions

• Blue-chip U.S. equity exposure (unhedged), with a

sector mix similar to the S&P 500

• Active covered call strategy to enhance monthly

income and reduce volatility

• Coverage ratio ~30% to enhance monthly income Returns

while allowing the portfolio to maintain ~70% Since
growth potential 1 mo 3 mo 6 mo YTD 1 yr 3 yr* Inception*
0.7% 7.9% 14.6% 34.6% 34.6% - 35.2%
*Annualized

Get More from Covered Calls Sector Mix Similar to S&P 500
Utilities Communications
3.3% 8.7%
Technology Consumer
33.1% Discretionary
10.7%

Consumer
Sectors Staples
Real Estate
3.8%
3.3%
Energy
3.6%
Materials Financials
3.4% 12.5%
Industrials Healthcare
7.3% 10.2%

70 York Street, Suite 1520

Visit hamiltonetfs.com/etf/smax
Toronto, Ontario, Canada M5J 1S9
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Hamilton U.S. Equity

SMAX YIELD MAXIMIZER ETF

Holdings
Investment Objective Tesla Inc 6.4%
Broadcom Inc 5.5%
SMAX is designed for attractive monthly income, while Salesforce Inc 4.9%
providing exposure to a portfolio of primarily large-cap Alphabet Inc 4.7%
U.S. equity securities. To supplement dividend income Amazon.com Inc 4.6%
earned on the equity holdings, mitigate risk and reduce Apple Inc 4.5%
volatility, SMAX will employ a covered call option writing Visa Inc 4.4%

program. SMAX does not use leverage. NVIDIA Corp 4.4%

JPMorgan Chase & Co 4.3%
Meta Platforms Inc 4.2%
Oracle Corp 4.0%

What Makes SMAX Different? Berkshire Hathaway Inc 4.0%

Microsoft Corp 3.9%
Caterpillar Inc 3.9%
Many covered call ETFs write options out-of-
Procter & Gamble Co/The 3.8%
the-money
Exxon Mobil Corp 3.6%
General Electric Co 3.6%
UnitedHealth Group Inc 3.5%
SMAX is able to provide higher monthly
income with a dynamic covered call strategy, Johnson & Johnson 3.5%

currently writing options on ~30% of the Linde PLC 3.5%

portfolio, at-the-money, which offer higher NextEra Energy Inc 3.4%
premiums Adobe Inc 3.4%
Eli Lilly & Co 3.4%
SMAX writes options on ~30% of its Prologis Inc 3.3%
holdings, which allows the portfolio to Advanced Micro Devices Inc 3.1%
maintain ~70% growth potential
Fund Details
Ticker / Exchange SMAX / TSX
Management Fee 0.65%
Inception Date October 25, 2023
Currency Hedging None
Assets $605,707,537
Risk Rating Low to Medium

70 York Street, Suite 1520

Visit hamiltonetfs.com/etf/smax
Toronto, Ontario, Canada M5J 1S9
 D e ce m b e r 3 1 , 2 0 2 4

Hamilton U.S. Equity

SMAX YIELD MAXIMIZER ETF

Disclaimers
Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs)
managed by Hamilton ETFs. Please read the prospectus before investing. The indicated rates of return are the historical
annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions
and does not take into account sales, redemptions, distribution or optional charges or income taxes payable by any
securityholder that would have reduced returns. Only the returns for periods of one year or greater are annualized
returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. The yield is
an estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the
next 12 months, stated as a percentage of the price per unit on the as at date. The yield calculation excludes any
additional year end distributions and does not include reinvested distributions.

70 York Street, Suite 1520

Visit hamiltonetfs.com/etf/smax
Toronto, Ontario, Canada M5J 1S9