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Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK)
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Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
Q: Good morning
Sorry for the error in my previous question for income purposes what would be your choice between Hmax and Bank (evolve) and why .
thanks in advance Georges
Sorry for the error in my previous question for income purposes what would be your choice between Hmax and Bank (evolve) and why .
thanks in advance Georges
5i Research Answer:
BANK uses 1.25X leverage and sells call options on 33% of its portfolio. HMAX uses 'at the...