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 $13.64 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: -4.41%, 1-year: +10.33%. 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 12.15%, 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 Amgen Inc (AMGN, 5.7%), AbbVie Inc (ABBV, 5.7%), Thermo Fisher Scientific Inc (TMO, 5.6%), Vertex Pharmaceuticals Inc (VRTX, 5.6%), Merck & Company Inc (MRK, 5.6%) — 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 $226M 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 13.11% 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
2026-09-11	$13.66	$13.75	$13.60	$13.64	$13.64	7,765
2026-09-10	$13.65	$13.70	$13.61	$13.63	$13.63	22,723
2026-09-09	$13.70	$13.72	$13.67	$13.71	$13.71	26,629
2026-09-08	$13.98	$13.98	$13.71	$13.71	$13.71	45,345
2026-09-04	$14.24	$14.24	$14.13	$14.13	$14.13	19,600
2026-09-03	$14.30	$14.30	$14.09	$14.20	$14.20	10,697
2026-09-02	$14.33	$14.38	$14.24	$14.25	$14.25	37,418
2026-09-01	$14.17	$14.32	$14.17	$14.21	$14.21	68,296
2026-08-31	$14.18	$14.18	$14.02	$14.13	$14.13	49,523
2026-08-28	$14.34	$14.34	$14.25	$14.33	$14.33	38,170

#	Ticker	Name	Weight
1	AMGN	Amgen Inc	5.74%
2	ABBV	AbbVie Inc	5.65%
3	TMO	Thermo Fisher Scientific Inc	5.65%
4	VRTX	Vertex Pharmaceuticals Inc	5.61%
5	MRK	Merck & Company Inc	5.58%
6	BMY	Bristol-Myers Squibb Company	5.46%
7	LLY	Eli Lilly and Company	5.30%
8	JNJ	Johnson & Johnson	5.29%
9	DHR	Danaher Corporation	5.25%
10	ABT	Abbott Laboratories	5.18%

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%

Ticker	Name	Price	1D
ETHY-U	Purpose Ether Yield ETF	$1.75	+7.36%
CLHI	Ninepoint Celestica HighShares ETF	$9.03	+6.43%
SOXU		$36.87	+5.80%
CSUU		$8.59	+5.27%
ORBU		$10.00	+5.04%
AMDU		$18.63	+4.84%
SHPU		$7.97	+4.73%
FETH	Fidelity Advantage Ether ETF - L	$46.90	+4.59%

CIBC Investor's Edge

Hamilton Healthcare YIELD MAXIMIZER ETF (LMAX : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — LMAX