Mike Philbrick
Hamilton U.S. Financials Yield Maximizer ETF
FMAX-T
BUY
Aug 30, 2024
US Financials will benefit from lowering of interest rates. Excellent time to buy this product. Would recommend as a small portion of portfolio. Giving away upside with covered call strategy, but a good option.
It doesn't have leverage which is good.. It has upside with covered calls. Its MER is 1.07% which is pretty high. You could also look at ZWK, the BMO version.
US Financials will benefit from lowering of interest rates. Excellent time to buy this product. Would recommend as a small portion of portfolio. Giving away upside with covered call strategy, but a good option.