This summary was created by AI, based on 2 opinions in the last 12 months.
The Hamilton US T-Bill Yield Maximizer ETF, HBIL-T, is a money-market strategy that focuses on short-term government money-market bills and offers added features for extra yield. Experts emphasize its safety and similarity to a Guaranteed Investment Certificate, but caution that it may also dabble in the credit market. There are concerns about the lack of volatility and potential for losses, but overall, it's considered a relatively safe investment with some caveats to be aware of.
A money-market strategy, which is about as safe as you can get. Not a Guaranteed Investment Certificate, but very close.
That said, during the great financial crisis over a decade ago, many money-market funds were invested in asset-backed commercial paper. There was a credit event, and that market froze up. So these funds sometimes dabble in the credit market a bit. You have to be careful and understand what you own.
This one looks like short-term government money-market bills. But he'd have to do a deeper dive to see exactly. "Maximizer" tells him that there are added features for extra yield. These products tend to be safe generally.
Hamilton US T-Bill Yield Maximizer ETF is a Canadian stock, trading under the symbol HBIL-T on the Toronto Stock Exchange (HBIL-CT). It is usually referred to as TSX:HBIL or HBIL-T
In the last year, 1 stock analyst published opinions about HBIL-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hamilton US T-Bill Yield Maximizer ETF.
Hamilton US T-Bill Yield Maximizer ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Hamilton US T-Bill Yield Maximizer ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Hamilton US T-Bill Yield Maximizer ETF published on Stockchase.
On 2024-11-20, Hamilton US T-Bill Yield Maximizer ETF (HBIL-T) stock closed at a price of $15.665.
Can't write covered calls on really short-term assets that don't have volatility. If there's no volatility, there's no options market. Not sure if they're doing that in this ETF, he'll have to unpack this a bit more. What he can see so far is that it's losing $$.