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 $13.36 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: -6.38%, 1-year: +10.43%. 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 13.36%, 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 UnitedHealth Group Incorporated (UNH, 6.5%), CVS Health Corp (CVS, 6.1%), Eli Lilly and Company (LLY, 6.0%), AbbVie Inc (ABBV, 5.5%), Thermo Fisher Scientific Inc (TMO, 5.3%) — 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 $205M 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 12.00% 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
2026-06-22	$13.28	$13.39	$13.26	$13.36	$13.36	41,444
2026-06-19	$13.26	$13.32	$13.24	$13.31	$13.31	23,547
2026-06-18	$13.38	$13.38	$13.19	$13.23	$13.23	35,209
2026-06-17	$13.40	$13.40	$13.25	$13.30	$13.30	129,171
2026-06-16	$13.34	$13.39	$13.27	$13.38	$13.38	39,497
2026-06-15	$13.45	$13.46	$13.30	$13.35	$13.35	79,196
2026-06-12	$13.45	$13.45	$13.35	$13.39	$13.39	40,825
2026-06-11	$13.37	$13.44	$13.34	$13.36	$13.36	99,372
2026-06-10	$13.32	$13.36	$13.26	$13.28	$13.28	53,969
2026-06-09	$13.28	$13.43	$13.28	$13.39	$13.39	85,918

#	Ticker	Name	Weight
1	UNH	UnitedHealth Group Incorporated	6.50%
2	CVS	CVS Health Corp	6.11%
3	LLY	Eli Lilly and Company	5.99%
4	ABBV	AbbVie Inc	5.50%
5	TMO	Thermo Fisher Scientific Inc	5.31%
6	CI	Cigna Corp	5.28%
7	BMY	Bristol-Myers Squibb Company	5.14%
8	MRK	Merck & Company Inc	5.10%
9	VRTX	Vertex Pharmaceuticals Inc	5.07%
10	GILD	Gilead Sciences Inc	5.06%

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)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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