Hamilton Capital Partners has launched the Hamilton Financials Innovation ETF (HFT). HFT seeks long-term returns from an actively managed equity portfolio by investing in companies located anywhere in the world that are innovating and supporting the financial services sector primarily through the use of data and technology.
HFT has closed the offering of its initial units. Units of the ETF will begin trading on Tuesday, 2 June, 2020 on the Toronto Stock Exchange (TSX).
“The technology-driven evolution of the financial sector is a powerful structural theme, offering significant long-term growth potential. We are excited to launch HFT and provide investors with access to a high quality portfolio of companies that are benefitting from this theme and experiencing higher secular growth. HFT is well suited for long term growth investors and those seeking portfolio diversification from limited overlap to more traditional sub-sectors like branch banking, insurance, and capital markets,” says Rob Wessel, Managing Partner at Hamilton ETFs.