The exchange-traded fund (ETF) utilises zero days to expiration (0DTE) options to provide income, in a first for the Canadian market.

Hamilton Capital Partners (Hamilton) has listed a suite of three DayMAX ETFs on Cboe Canada offering access to Canadian and US equities, marking the first Canadian ETFs that utilise zero days to expiration (0DTE) options to provide income. The funds with a covered call strategy began trading through initial class E units on Tuesday (15 July). They are also the first batch of Hamilton ETFs listed on Cboe Canada. The line-up is ‘purpose-built for income-focused investors, providing a new w