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Hamilton International Equity YIELD MAXIMIZER TM ETF
IMAX (Hamilton International Equity YIELD MAXIMIZER TM ETF) is an active Canadian Dividend Equity ETF by Hamilton. With a 0.65% MER, it provides diversified exposure.
IMAX is actively managed by Hamilton's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.