skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. HYLD: So I am looking at a high yield Canadian issued ETF with distributions in USD. [Hamilton Enhanced U.S. Covered Call ETF]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: So I am looking at a high yield Canadian issued ETF with distributions in USD. Growth is secondary to yield as it it is to partially offset the increasing costs of wintering in Florida. Is the price of HYLD.U.CA ( $14.75 ) in CAD or USD ; likewise what currency is the distribution ? I understand this ETF has 1.25 leverage.

Would this ETF met my goals of high income from stocks representing the broad US market?
Are there other products that meet my goals ?

Thanks. Derek.
Asked by Derek on February 11, 2025
5i Research Answer:

HYLD is priced in C$; HYLD.U is priced in US dollars. Currency of distributions corresponding to the currency of the units. i.e. HYLD.U pays in US$. We can't give personalized direction but the fund is multi sector with the majority of assets in the US. HDIV would be similar. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind