Toronto-based Hamilton Capital Partners Inc. announced Tuesday that the name of Hamilton Capital Canadian Bank Dynamic-Weight ETF is, effective immediately, changed to the Hamilton Capital Canadian Bank Variable-Weight ETF (HCB).
Class E units for HCB continue to trade on the Toronto Stock Exchange.
The investment objective of HCB, which is to generate long-term returns consisting of long-term capital growth as well as regular dividend income by investing in an equity portfolio of Canadian banks while employing a proprietary rules-based portfolio rebalancing methodology, remains unchanged, the company says in a news release.