Description

HFIN is designed to offer investors magnified exposure to Canada's financial sector, aiming for 1.25 times the performance of the Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT). This underlying index consists of the twelve largest Canadian financial services companies, with each holding an equal weighting. Furthermore, the ETF utilizes a 25% cash leverage approach, intended to potentially boost both its capital appreciation and income generation.