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  5. HYLD: So I am looking at a high yield Canadian issued ETF with distributions in USD. [Hamilton Enhanced U.S. Covered Call ETF]

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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...
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