Hamilton Etfs Launches Hamilton Champions U.S. Technology And Utilities Index Etfs

Solactive and Hamilton ETFs have expanded their partnership with the launch of two new Toronto Stock Exchange-listed exchange-traded funds: the HAMILTON CHAMPIONS U.S. Technology Index ETF (QMVP) and the HAMILTON CHAMPIONS Utilities Index ETF (UMVP). Both ETFs carry a management fee of 0.19% and are designed to provide Canadian investors with targeted sector exposure.

QMVP tracks top U.S. technology companies selected for profitability, including members of the "Magnificent 7," using a modified market capitalization weighting to manage concentration risk. UMVP offers equal-weighted exposure to TSX-listed Canadian utilities, pipelines, and telecom firms with high forward dividend yields, aiming to deliver stable performance and favorable dividend tax treatment.