Question 1

What is LMAX?

Accepted Answer

LMAX (Hamilton Healthcare YIELD MAXIMIZER ETF) is a Canadian-listed ETF trading on the TSX in the Healthcare Equity  category. It tracks the Morningstar Gbl Health GR CAD.

Question 2

What is the LMAX ETF price today?

Accepted Answer

LMAX last traded at $13.80 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are LMAX annualised returns?

Accepted Answer

LMAX historical returns: YTD: -3.29%, 1-year: +10.36%. Past performance is not a guarantee of future results.

Question 4

Does LMAX pay dividends or distributions?

Accepted Answer

Yes, LMAX distributes income to unitholders. The current distribution yield is approximately 12.56%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 5

What does LMAX invest in?

Accepted Answer

LMAX's top holdings include CVS Health Corp (CVS, 6.7%), UnitedHealth Group Incorporated (UNH, 6.4%), Eli Lilly and Company (LLY, 6.3%), AbbVie Inc (ABBV, 6.1%), Vertex Pharmaceuticals Inc (VRTX, 5.4%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Health GR CAD.

Question 6

What sectors does LMAX invest in?

Accepted Answer

LMAX's largest sector exposures are Healthcare (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is LMAX? (Assets under management)

Accepted Answer

LMAX has approximately $219M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 8

When was LMAX launched?

Accepted Answer

LMAX was launched on February 6, 2024, giving it a 2-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy LMAX in Canada?

Accepted Answer

LMAX trades on the TSX under the ticker LMAX. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 10

How risky is LMAX?

Accepted Answer

LMAX has a 1-year volatility of 13.51% and a beta of 0.00 (less volatile than the broad market). As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$13.85	$13.87	$13.80	$13.80	$13.80	88,925
2026-07-17	$13.98	$14.05	$13.82	$13.83	$13.83	64,507
2026-07-16	$13.77	$13.98	$13.77	$13.96	$13.96	64,939
2026-07-15	$13.59	$13.75	$13.59	$13.64	$13.64	44,577
2026-07-14	$13.85	$13.85	$13.60	$13.64	$13.64	107,126
2026-07-13	$13.84	$13.99	$13.84	$13.95	$13.95	32,761
2026-07-10	$14.03	$14.03	$13.82	$13.88	$13.88	43,782
2026-07-09	$13.93	$14.02	$13.89	$13.94	$13.94	73,338
2026-07-08	$14.16	$14.16	$13.95	$13.96	$13.96	53,275
2026-07-07	$14.03	$14.19	$14.03	$14.09	$14.09	53,766

#	Ticker	Name	Weight
1	CVS	CVS Health Corp	6.71%
2	UNH	UnitedHealth Group Incorporated	6.38%
3	LLY	Eli Lilly and Company	6.27%
4	ABBV	AbbVie Inc	6.14%
5	VRTX	Vertex Pharmaceuticals Inc	5.44%
6	JNJ	Johnson & Johnson	5.37%
7	MRK	Merck & Company Inc	5.33%
8	TMO	Thermo Fisher Scientific Inc	5.22%
9	AMGN	Amgen Inc	5.13%
10	CI	Cigna Corp	5.07%

Sector	Weight
Healthcare	100.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Utilities	0.00%

Hamilton Healthcare YIELD MAXIMIZER ETF (LMAX : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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