
Hamilton ETFs Launches USD Version of HAMILTON CHAMPIONS™ U.S. Dividend Index ETF
TORONTO--(BUSINESS WIRE)--Hamilton Capital Partners Inc. (" Hamilton ETFs") is pleased to announce the launch of a US$ Unhedged Unit class of the HAMILTON CHAMPIONS™ U.S. Dividend Index ETF (' SMVP ').
SMVP has closed the offering of its US$ Unhedged Units. Such Units will begin trading on Monday, June 16, 2025, on the Toronto Stock Exchange (' TSX '), under the ticker symbol 'SMVP.U'.
'When we launched the HAMILTON CHAMPIONS™ U.S. Dividend Index ETF (SMVP), our goal was to provide investors with a high-quality, blue-chip portfolio of U.S. dividend growth leaders—at a low cost. Today, we are pleased to expand the offering with the launch of SMVP.U, a US$ Unhedged Unit, giving investors greater choice and flexibility in how they access this strategy. By offering both CAD-hedged and USD unhedged options, we're responding to investor demand and helping more Canadians tailor their portfolios to suit their currency preferences and investment objectives,' said Pat Sommerville, Senior Partner, Co-President at Hamilton ETFs.
For more information on SMVP and the rest of Hamilton ETFs' innovative suite of ETFs, please visit www.hamiltonetfs.com.
About Hamilton Capital Partners Inc. (Hamilton ETFs)
With over $8 billion in assets under management, Hamilton ETFs is one of Canada's fastest-growing ETF providers, offering a suite of innovative exchange traded funds (ETFs) designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; the firm's most recent Insights can be found at www.hamiltonetfs.com/insights-commentary.
Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
Hurdles, slumps and slowdowns: FP Video looks at the Canadian economy
This week FP Video takes a close look at the state of the economy, from interprovincial trade barriers, stagnant job growth with higher unemployment numbers among young Canadians, and how investors can brace for a likely unavoidable recession. Marc Lee, senior economist at Canadian Centre for Policy Alternatives, talks with Financial Post's Larysa Harapyn about how politicians have vastly overstated the problem of interprovincial trade barriers and explains what they should be focusing on. Brendon Bernard, senior economist at Indeed Canada, breaks down the May job numbers. Ed Devlin, founder and chief executive of Devlin Capital, talks about how slow economic growth has made Canadian bonds an attractive investment option. Unpacking the Bank of Canada's interest rate hold: FP video Should Canada Post stop delivering letters? FP Video looks at what's ahead for the postal service and economy

Business Insider
an hour ago
- Business Insider
Rare earth minerals are the biggest card China can play in its negotiations with Trump
China has a significant card to play in its trade negotiations with the US, which could not only put the Trump administration in a bind but also impact a wide range of consumer goods. Rare earth minerals, namely scandium, yttrium, and 15 types of lanthanides, usually sit unnoticed at the bottom of the periodic table. But experts in rare earths have told Business Insider that a shortage of these minerals — which mainly come from China — could induce a shortage in everything from aircraft parts to TV remotes. "It's not industry agnostic because rare earths are used in everything from TVs and laptops and phones to cancer treatments and MRI scanners to automotives to defense," said Gracelin Baskaran, director of the Critical Minerals Security Program at the Center for Strategic and International Studies. "Especially as a bedrock to the automotive industry, it is really critical because our automotive manufacturing industry was getting to a point where it had to halt operations and close manufacturing plants without access to these rare earths," Baskaran added. The importance of critical minerals came into focus when China cut off its supply to the US after Trump imposed tariffs, as high as 245% for some goods, on the manufacturing hub in a trade war that escalated between February and May. The two countries have since de-escalated tensions through trade talks after Trump agreed to lower duties on China to 30% for 90 days starting from May 14. After the latest trade talks in London in mid-June, China has agreed to reopen export channels of its critical minerals to the US — at least for now. "China built up its industry in a cheap and not necessarily ecologically refined manner, and the US said, 'That's very inexpensive, so we do not need to have this kind of industry in our country,'" Laura Lewis, professor of chemical engineering at the Northwestern University College of Engineering, saud. "And that was the case for many years." Bilateral relations with China remain fragile According to data from the 2024 US Geological Survey, 70% of critical mineral imports to the US came from China, followed by 13% from Malaysia. China also processes nearly 90% of the world's rare earth minerals, according to the International Energy Agency. Though the Chinese Embassy in Washington, DC, did not directly confirm how long rare earth licenses will remain issued to US manufacturers, a spokesperson told BI in a statement that "China has reviewed and approved a certain number of export license applications for rare-earth-related items." "Rare-earth-related items have dual-use attributes, with both military and civilian purposes, imposing export controls on such items is in line with international practices," the spokesperson added. Drew DeLong, lead in geopolitical dynamics practice at Kearney, a global strategy and management consulting firm, told BI that manufacturers are going to stockpile as much rare earth material as possible during the brief reprieve in US-China relations, in anticipation of more supply chain disruptions. DeLong said that by August, when the tariff suspension expires, the US-China relation would reach a critical decision point where it "must either coalesce or collapse." "Markets now wait to see whether Beijing actually resumes outbound shipments, and whether Washington delivers on its part of the rollback, " DeLong added. "There already appears to be hedging on trade tensions flaring up again." America may need to work with what it has The US once had a single operating rare earth mine in Mountain Pass, California, but it went bankrupt in 2015. Molycorp, its operator, filed for bankruptcy protection due to slumping rare earth prices and ballooning costs. Meanwhile, China has spent decades building its capacity to process rare earths. Other countries, like Japan, have diversified where they get their rare earth metals to avoid relying on China. Lewis, of Northwestern University, told BI that the US not only has a long way to go, but it may simply lack certain types of metals, even if it could extract others. Lewis said that the US lacks a category of heavy rare earths necessary for magnets to endure hot environments like motors. "We're going to have to work with our allies and nature to get what we need," said Lewis, "Because I cannot possibly imagine that the investment it would take to get our rare minerals from asteroids is going to be less than what we can already achieve on earth through recycling and a thoughtful use of resources." "The philosophy in Silicon Valley is just throw enough time and money at it, and you'll get it and fast, but nothing that we can do to get the rare earth industry healthy is going to happen fast," Lewis added. "Nature's smarter than we are."
Yahoo
2 hours ago
- Yahoo
The week in stocks: Dollarama still cashing in and silver gets buffed up
Every weekend, the Financial Post breaks down the most interesting developments in this week's world of investing, from top performers to surprising analyst calls and stocks you should have on your radar. Here's this week's edition. Shares of Dollarama Inc. (DOL) have been unstoppable since the early days of the pandemic when inflation took off and price-shocked consumers turned to dollar stores for better prices on everyday household items. Since mid-March 2020, when COVID hit, the stock is up 438 per cent, including a 10 per cent leap on Wednesday when the discount retailer released earnings that beat analysts' estimates. The report showed that consumers have continued to flock to Dollarama stores despite inflation slowing. Earnings particulars included a 27 per cent increase in profit and an 8.2 per cent increase in sales in the first quarter. Still, the company's chief financial officer said the Canadian consumer appears 'fragile' and that could pose a challenge for the Montreal-based chain. The question now: Where does Dollarama go from here? 'We believe DOL (Dollarama) has a clear pathway to deliver value for shareholders in the short, medium and long term,' Irene Nattel, an analyst with RBC Dominion Securities, said in a note post-earnings. She cited tailwinds for the stock, including a target to increase the number of stores in Canada to 2,200 by 2034, 'long-term growth opportunity in Latin America' and an agreement to purchase Australia-based discount chain The Reject Shop. 'Guidance points to another solid year of performance tempered by caution around (the) evolution of consumer spending and probable weakening economic backdrop as tariffs take a toll on economic activity,' Nattel said. Analysts who follow the stock raised their price targets following the company's earnings release and Nattel has a target price of $207, up from $198 at the end of May, according to Bloomberg. Dollarama closed Friday at $193.74. Silver has caught the eye of analysts at National Bank of Canada. 'We have an optimistic outlook on the price of silver, which supports, but isn't the only reason, we are also optimistic about silver-focused companies,' analyst Alex Terentiew and associate Marc Ferrari said in a note. Silver hasn't posted the gains gold has since investors flocked to bullion to offset the potential inflationary effects of Donald Trump's trade war. Still, silver is up 12 per cent versus 24 per cent for gold since Trump's election win. National Bank's research team said it has expanded the number of 'silver focused' stocks it tracks, adding Coeur Mining Inc. (CDE) and Endeavour Silver Corp. (EDR) to their coverage, which also includes First Majestic Silver Corp. (AG), Hecla Mining Co. (HL) and Highlander Silver Corp. (HSLV). Terentiew and Ferrari see Endeavour 'as the most undervalued and highest growth silver producer in our coverage, although it's also the company with the most to prove as it ramps up production at its newest mine, Terronera (in Mexico), and also integrates the newly acquired Kolpa mine (in Peru) into its portfolio.' Their target price for Endeavour is $9. The stock closed Friday at $6.55. Several oil companies appear to have plans for share buybacks this year, according to RBC Capital Markets. Highlights from the RBC Global Power, Energy and Infrastructure Conference earlier this month pointed to share buybacks coming down the pipeline from a slew of major oilpatch companies. This includes Suncor Energy Inc. (SU), which is on tap to distribute nearly 100 per cent of its excess free funds flow (post dividends) to share repurchases,' Greg Pardy, head of global energy research at RBC Dominion Securities, said in a note following the conference. Other companies where buybacks or dividend increases are expected include Vermilion Energy Inc. (VET), Athabasca Oil Corp. (ATH) and Canadian Natural Resources Ltd. (CNQ). In CNRL's case, the company said it will direct 60 per cent of free cash flow (minus capital and dividends) to buybacks and 40 per cent to reduce net debt. All these stocks have an outperform rating from Pardy and crew. Here are their price targets: Suncor: $65. Suncor closed Friday at $55.67. Vermilion: $14. Vermilion closed Friday at $11.19. Athabasca: $6.50. Athbasca closed Friday at $6.08. CNRL: $64. CNRL closed Friday at $45.96. Donald Trump has been in the driver's seat as far as markets are concerned since his inauguration on Jan. 20. Some stocks, such as Elon Musk's Telsa Inc., have been on a roller-coaster the entire time, subject to the president's whims. With his term nearing the five-month mark, the Financial Post started to wonder which large Canadian companies have come out on top in the early stages of Trump's second stint in the Oval Office. We screened for publicly listed companies on the S&P/TSX Composite index with a market capitalization of at least $20 billion and here's what we got for the Top 20 based on price return from Jan. 20 to June 11. For reference, the S&P/TSX composite index has returned 5.3 per cent during the same period. Wheaton Precious Metals Corp. (WPM): 43.5% Kinross Gold Corp. (K): 34.4% Dollarama Inc. (DOL): 30.9% Agnico Eagle Mines Ltd. (AEM): 29.1% George Weston Ltd. (WN): 23.5% Loblaw Cos. Ltd. (L): 23.4% Franco-Nevada Corp. (FNV): 21.5% Intact Financial Corp. (IFC): 20.8 Brookfield Renewable Partners LP (BEP-U): 20.2% Power Corp. (POW): 18.9% Barrick Mining Corp. (ABX): 18.1% Cameco Corp. (CCO): 17.5% Toronto-Dominion Bank (TD): 17.5% Metro Inc. (MRU): 16.5% Fairfax Financial Holdings Ltd. (FFH): 16.4% Thomson Reuters Corp. (TRI): 13.7% GFL Environmental Inc. subordinate (GFL): 13.4% RB Global Inc. (RBA): 12.1% Constellation Software Inc. (CSU): 12.1% Hydro One Ltd. (H): 11.6% The week in stocks: Lululemon gets stretched and is Tesla a TACO trade candidate? Being an armchair hockey critic is like judging investment performance from the sidelines • Email: gmvsuhanic@ Are you an investor looking for stock ideas and market insight? Sign up for the weekly FP Investor Newsletter here to get the best of the Financial Post's investing news, analysis and expert commentary, straight to your inbox. Sign in to access your portfolio