Cole Kachur
Hamilton Utilities Yield Maximizer ETF
UMAX-T
WEAK BUY
Oct 03, 2024
Underperformed the TSX Utility Index over the last 3 months.
Leverage and covered calls to generate income. The utility trade has already happened with lowering interest rates, so further capital appreciation is limited. Know why you're owning it.
Less risk in ETFs, so you could pick some different sectors for a weighting of 10%.
Leverage and covered calls to generate income. The utility trade has already happened with lowering interest rates, so further capital appreciation is limited. Know why you're owning it.
Less risk in ETFs, so you could pick some different sectors for a weighting of 10%.