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About HAMILTON TECHNOLOGY YIELD MAXIMIZER UNIT CL E
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Inception date
Oct 25, 2023
The fund seeks to deliver attractive monthly income by holding an equal-weighted portfolio of large-cap US technology companies with a covered call option writing program. Since the fund is actively managed, the fund adviser has full discretion to make adjustments to the portfolio, which is rebalanced at least semi-annually. The fund also utilizes a covered call strategy, which allows the fund to mitigate downside risk and generate income. It generally writes at or slightly out-of-the-money call options with a term of less than two months on up to 100% of the portfolio value. Call options sold by the fund may either be exchange-traded or over-the-counter. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
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