Top Canadian Banks ETFs for Different Investing Goals + HMAX Dividend | Are the Banks UNDERVALUED?
ฝัง
- เผยแพร่เมื่อ 26 ก.ค. 2024
- This video was Sponsored by Hamilton ETFs
Hamilton ETFs Disclaimer:
A prospectus containing important information relating to these securities has been filed with the securities commissions or similar authorities in certain jurisdictions of Canada. Copies of the prospectus may be obtained from info@hamiltonetfs.com, www.hamiltonetfs.com or on the SEDAR website (www.sedar.com).Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus of the Hamilton ETFs before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated. For a summary of the risks of an investment in the Hamilton ETFs, please see the specific risks set out in the Hamilton ETF's prospectus. Hamilton ETFs trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss.
Distributions are not guaranteed and are subject to change and/or elimination.
hamiltonetfs.com/legal/
Join the PII Inner Circle!
/ @passiveincomeinvesting
Follow my Portfolio LIVE & Earn some $ completing short courses by Downloading Blossom: A FREE Mobile App for DIY Investors
Download it NOW!: blossomsocialapp.page.link/pa...
My Digital Product: The Ultimate DIY Investing Package w/FREE Lifetime updates!
A companion and reference tool to help you build a Portfolio according to your Goals
passiveincomeinvesting.ca/pro...
Book a 1 on 1 coaching session with me & ask me anything you want!:
www.passiveincomeinvesting.ca/
Get $50 worth of Commission Free Trades when you open a Questrade Account using this link: www.questrade.com/?refid=PASS...
or simply enter "PASSIVE50" in the Offer Code Box
Questrade Review Video: • Switching to Questrade...
Organize and Manage your Portfolio more efficiently using PASSIV
Get 50% off an ELITE 1 Year Subscription (100% FREE with Questrade) using this link: passiv.com/?ref=LCGFQDNGSY
Passiv Review Video: • Passiv: Review & Tour ...
Download my entire Portfolio in Excel for FREE:
passiveincomeinvesting.ca/fre...
Socials:
Facebook: profile.php?...
(Hit the follow button to get an invite!)
Instagram : / passive_income_investing
LinkedIn: / adriano-starinieri-55a...
00:00 Intro
02:31 Basic ETFs
06:41 Yield & Leveraged ETFs
11:06 Q&A - Expertise
12:50 Canadian Banks Performance
18:06 U.S. Banks in Trouble?
22:43 HEB ETF Review & MER?
25:25 HEB vs HCA vs HCAL
29:10 HMAX Discussion
33:40 Spoiled for Choice
38:03 HMAX Dividend Reduction?
MISSION:
Help everyday people invest on their own, in order to create their own source of Passive Income to enhance their quality of life and reach Financial Independence (FIRE).
GOALS of this Channel:
1) To share my Personal Investing Journey & Strategy with the world. It is NOT to “PUSH” my investing style or ETFs I invest in (or review) on anybody. Everybody needs to make their own investing decisions. I am NOT against any style of investing and I will NEVER claim my Investing strategy is the “best”; its simply the best FOR ME.
2) Educate you about Income Oriented Investing with a particular focus on Covered Call ETFs listed on the Canadian & U.S. Stock Markets
DISCLAIMER:
The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adriano Starinieri is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adriano is not responsible for investment actions taken by viewers.
#passiveincome #investing #dividendincome #financialfreedom #livingoffdividends
![คุณอาเรียโต๊ะข้างๆ พูดรัสเซียหวานใส่ซะหัวใจจะวาย ตอนที่ 4 [ซับไทย] 【Ani-One Thailand】](http://i.ytimg.com/vi/_vK_cden2f8/mqdefault.jpg)
A good and profitable signal is the key to a successful trade
I completely agree with you. I see so many young and old making mistakes that I think should not be. I think everyone should have an investment plan that improves their financial stability. The investment can be your retirement plan or your future plan, whatever you prefer, but the most important thing is that you have an investment plan that pays off
Google look up KAYLA TABITHA RODRIGUES
Loving HMAX so far, I added it to my income portfolio along with USCC, HTAE & QQCC. Got a good mix of growth and income that way.
Adrian mentions that a wealthsimple client cannot DRIP. That's true in the sense that it is not automatic. However, I DRIP my wealthsimple positions every month - manually. Since there are no fees to trade, it doesn't matter how many shares I buy. I just take the dividend earned for the month divided by the market price then buy that many shares. Sure it's not automatic, but it works.
Thanks for the informative video.
Yes of course you can do it manually, but the drip is when your broker does it automatically for you . I think WS might have the drip now ? Not sure
Yes, call your broker and set it up
I use Cibc
clockwork ⏰
Great.!
This video was Sponsored by Hamilton ETFs
thanks for wasting my time clicking on the video.
What about BK ? The yeild is also nice at over 15%
BK ,in which I am invested, has given a 77% total return from 2015 to 2022, so 11.1% per year without DRIP. I am also invested in HMAX is too young to make a sound comparison
Or BANK from Evolve is another great choice for Canadian banks. Their US Bank fund CALL is also on sale at the moment. CALL has a longer track record than BANK and a history of raising dividends. It's not a bad idea to spread your risk across fund companies. To do justice to the Canadian banking sector a comparison of all funds should have been included but then Hamilton may not have paid for the slot
Isn't that a split share? This is ETF
I get $100/m on my BK shares & used to DRIP it, I stopped DRIP since learning of calculating premium discount. My money will work even better if I manually buy the stocks.
@@efullname I'm at about $80-/month now
I'd love to see a HMAX product (option) with 25% or 50% leverage.
I like HMAX - good financial picks - strong fundamentals - no withholding taxes to worry about - full benefits of a Canadian dividend tax credit - should satisfy my needs for tax efficient dividend income 😎👍
Yup! Keep in mind there will be a lot of capital gains and roc . Most of the yield is from call option premiums
@@PassiveIncomeInvesting - my income and capital gains is tax sheltered under a RRIF - so my tax liability is based on whatever I decide to extract on a yearly basis!
@@user-fv6ke8vv2z If it's inside RRIF, how do you take advantage of the Canadian dividend tax credit mentioned in your original post?
@@bentobox7788 / I hold individual bank stocks as well - outside the RRIF - when the Canadian dividend tax credit is applied - I have no tax liabilities
Our favorite guy Rob! Thanks for keeping us up to date on our favorite ETFs guys.
Buongiorno Adrian. I'm just revisiting this, I use wealth simple and unfortunately I don't have access to HEB so i'm using the means reversion HCA, and some ZEB. I understand, again, there is some overlap in the financial sector here. With that said I have a lot of confidence in the upside of canadian banks in the next while. Not asking for financial advice here, just your suggestion - should i just sell off my ZEB and move it into HCAL for equal weight granted the modest leverage (my ZEB position is quite small) as reviewing the means reversion it outperforms equal weight historically with lower MER + more yield, and HCAL is balanced so as mentioned I do believe Canadian banks will grow long term, so maybe moving from ZEB to HCAL would be the best bet as you mentioned. Apologies if my grammar is a bit off as I'm just waking up (4:45am) so I'm half asleep still haha. Thanks in advance and always love the content. grazie per le costanti risposte, ciao!
yes you should
@@PassiveIncomeInvesting Definitely will be doing that on monday, thanks Adrian! I just started in the stock market mid April and am finally "getting my house in order" with great growth dividend stocks and a few ETFs in my TFSA, and my RRSP is just VEQT with a bit of VFV for some extra U.S exposure, things are starting to come along well. Thank you for continuing the content as it has helped a lot! keep up the great work mi amico!
So great to hear from Rob. Thanks Adrian!
Ugh - it looks like DGS - DIVIDEND GROWTH SPLIT CORP. is probably going to miss another dividend payment for June. If I were to sell it (or at least trim it), what would be a good high yielding alternative? I was thinking HMAX, but I already have 5% of my portfolio in it....Doing so would double it to about 10%
i would keep it! make it a secondary position. total returns are solid and so are the stocks inside of it
@@PassiveIncomeInvesting Ya..I'm kind of reluctant to get rid of it. Thanks.
Sorry but you seem very biased towards Hamilton... Are you sponsored by them? I would rather buy etf's that are very liquid, HEB is not at all.. if you are buying 100 shares maybe but not 10k ..I like owning BMO etf's because I can sleep at night, Hamilton yes I do own some, but a small % of my portfolio. I dont know how financially safe a company like Hamilton is, where BMO - well its one of the biggest Canadian banks and their etf's have well over a decade of performance.. Also ZWB has outperformed HCAL over the last year - and about even over last 2 years roughly.... Too bad it hasnt been around long enough to view a decade plus - it is definitely more volatile than ZWB... The peaks and valleys are greater, that indicates to me if the banks sell off it might drop further than ZWB, but coming out of the recession it might go up more also.. I think I am going to stick with BMO, but add some HCAL. I see it has increased dividends over its inception which is good to see.
A fantastic and understandable explanation of the Hamilton choices.
❤
Would be nice to have a Independent video covering all the bank ETF's
its on the list... many ETFs to cover however
Thanks Adrian and love the Hamilton products.
Hmax is considered "eligible dividends" am assuming?
a portion yes, but most will be cap. gains and ROC since more of the yield is from option premiums
Great video!
Thanks for this informative content. Great work!
I have a zero expense ratio mer. I just bought the banks individually.60 dollars in total to buy 6 banks. What could be simpler than that?
Nice rundown of the Canadian Banks ETFs Adrian! I am like you, a bit pessimistic. At my age, I cannot afford to be optimistic which is why I also like my dividend now. 😁
I am retired and always believe, as Warren Buffett does, that the best is always yet to come. There will always be new inventions in technology, healthcare and products to make our lives better. I couldn’t imagine going through life feeling pessimistic, what is the point of living?
@@HamiltonRb ， I am not pessimistic about life, just stocks. 😛 This is the reason why I am a PII. With all the dividends generated from the ETFs I will have a nice retired life. 😄
@@randalxu4889 I have been fully invested in stocks since 83 and simply don’t concern myself with the day to day or month to month movement of my portfolio. I know over time the markets will move higher, as they have historically done. Personally I don’t even use the income from my portfolio and even though I invest for total return, I do use covered call etfs for about 20% of the portfolio
Why not simply own all of them, instead of a single ETF that holds them? Same investment amount of money you buy the etf with, you can simply split into 6 and buy the actual bank stocks individually. Better than an etf in my opinion.
disagree. you buy an ETF its has less risk. and its more convenient . you can also buy 6 individual beers. but buying a 6 pack is more convenient isn't it?
Rob is the GOAT! Always like hearing from him. Learned a lot about hamiltons financial etfs. Very useful video, thank you Adrian for getting Rob on again.
Solid diversity choice: $ILF
It is 25% weighted to South American banks. Which are less exposed to the Canadian housing bubble.
Thanks Adriano, you guys really "hammered" it home. Does Rob like Star Trek? I always think of this clip when I hear his last name.. th-cam.com/video/MdSJFrhb-HM/w-d-xo.html
You really love Hamilton, what happens if Hamilton goes under?
A few etf's did dissolve after the financial crisis in the US, but like any other ETF provider in Canada, it is protected under the Canadian Investor Protection fund.
@@HamiltonRb I'm not being facetious, serious question. How would Canada afford to pay millions of Canadians in such an event? They already seem very desperate for tax money.
@@DavidWebsterAD The Canadian Investor fund is funded by all the brokerage firms, not the government, and you are protected up to 1 million for all non registered accounts, including your TFSA. Governments everywhere are desperate for cash ( see the US debt ceiling debacle), but has nothing to do with Canadian Investor Protection Fund. If the company in which you own stock goes under, that is a different matter.
I've always had the same nagging concern, too!
And I'm speaking about ETF managers generally
Can you DRIP HEB or orher Hamilton ETF's??
everything can be DRIPed
Is Hamilton double dipping on fees? i.e. HCAL holds HEB? Are they collecting the 0.65% fee twice?
no
@@PassiveIncomeInvestingRemain confused... Isn't HEB charging HCAL 0.65% and HCAL is charging investor 0.65%?
bk? have you had contact with quadravest yet?
So Hamilton is the expert on financials proof is performance of HCAL? Middlefield is the expert on real estate? What are the expertise of the other fund managers?
Yes , I would say they are core competencies based on the background of the executives at the company. Some are more generalized
Adrian, God forbid, but what happens in a worst-case scenario where an ETF manager goes belly up?
I say that’s impossible , why would it go belly up ? They just make fees off the funds . But if they do , it’s all protected under law . It’s quite strict in Canada and I’ve never come across a situation where that did occur .
That's a good point in light of Emerge's funds being halted from trading in April. From what I understand, their auditor quit, and as a result, they were unable to submit their financial reports to the regulator. Once they do that, their funds will resume trading. But so far, nothing.
There is also a risk of your brokerage going under, but for that you are protected by CIPF, provided that the brokerage is a member; most are. Similar protection exist in the U.S.
One thing to remember is that the fund company does not own the investments; so unless they engage in illegal acts, they cannot pay off their debts with the assets of the funds they manage.
So great to hear from Rob. Thanks Adrian!