{"success":true,"data":{"pressRelease":{"id":"141064","rtpr_id":"nBw1SBBLDa-20260910","ticker":"SMAX","exchange":"TSX","all_tickers":["SMAX","SMAXU"],"title":"Hamilton ETFs Announces Change to Risk Ratings","author":"Business Wire","published_at":"2026-09-10T21:00:00.207Z","article_body":"Hamilton ETFs Announces Change to Risk Ratings\n\nHamilton Capital Partners Inc. (“Hamilton ETFs”) announced today an update\nto the investment risk rating of the exchange traded funds listed below (the\n“ETFs”).\n ETF                                                                 Previous Risk Rating  Updated Risk Rating  Ticker Symbol (TSX)  \n Hamilton U.S. Equity YIELD MAXIMIZER™ ETF – Class E Units           Low to Medium         Medium               SMAX                 \n Hamilton U.S. Equity YIELD MAXIMIZER™ ETF – US$ Unhedged Units      Low to Medium         Medium               SMAX.U               \n\n\nThe changes are a result of the risk rating methodology mandated by the\nCanadian Securities Administrators and an annual review by Hamilton ETFs to\ndetermine the risk level of its publicly-offered exchange traded funds.\n\nNo material changes have been made to the investment objectives, strategies or\nmanagement of the ETFs. The change in the risk ratings will be reflected in\nthe ETFs' offering documents, which will be completed in accordance with\napplicable securities laws.\n\nAbout Hamilton ETFs\n\nWith over $18 billion in assets under management, Hamilton ETFs is Canada’s\nlargest independent ETF provider, offering a suite of innovative exchange\ntraded funds (ETFs) designed to maximize income and growth from trusted\nsectors in Canada and across the globe.\n\nCommissions, management fees and expenses all may be associated with an\ninvestment in exchange traded funds (ETFs). Please read the prospectus before\ninvesting. ETFs are not guaranteed, their values change frequently, and past\nperformance may not be repeated.\n\nCertain statements may constitute a forward-looking statement, including those\nidentified by the expression “expect” and similar expressions (including\ngrammatical variations thereof). The forward-looking statements are not\nhistorical facts but reflect the author’s current expectations regarding\nfuture results or events. These forward-looking statements are subject to a\nnumber of risks and uncertainties that could cause actual results or events to\ndiffer materially from current expectations. These and other factors should be\nconsidered carefully, and readers should not place undue reliance on such\nforward-looking statements. These forward-looking statements are made as of\nthe date hereof, and the authors do not undertake to update any\nforward-looking statement that is contained herein, whether as a result of new\ninformation, future events or otherwise, unless required by applicable law.\n\nThis press release is for information purposes only and does not constitute an\noffer to sell or a solicitation to buy the securities referred to herein. This\npress release is not for dissemination in the United States or for\ndistribution to U.S. news wire services.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260910240376/en/\n(https://www.businesswire.com/news/home/20260910240376/en/)\n\nFor investor inquiries: Contact Hamilton ETFs at (416) 941-9888,\ninfo@hamiltonetfs.com \n(mailto:info@hamiltonetfs.com) \n\n\nFor media inquiries: Contact Louis Ribieras, Director, Marketing, (416)\n941-9996, marketing@hamiltonetfs.com (mailto:marketing@hamiltonetfs.com) .\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw1SBBLDa-20260910","title":"Hamilton ETFs Announces Change to Risk Ratings","author":"Business Wire","ticker":"SMAX","created":"2026-09-10T21:00:00.207Z","tickers":["SMAX","SMAXU"],"exchange":"TSX","article_body":"Hamilton ETFs Announces Change to Risk Ratings\n\nHamilton Capital Partners Inc. (“Hamilton ETFs”) announced today an update\nto the investment risk rating of the exchange traded funds listed below (the\n“ETFs”).\n ETF                                                                 Previous Risk Rating  Updated Risk Rating  Ticker Symbol (TSX)  \n Hamilton U.S. Equity YIELD MAXIMIZER™ ETF – Class E Units           Low to Medium         Medium               SMAX                 \n Hamilton U.S. Equity YIELD MAXIMIZER™ ETF – US$ Unhedged Units      Low to Medium         Medium               SMAX.U               \n\n\nThe changes are a result of the risk rating methodology mandated by the\nCanadian Securities Administrators and an annual review by Hamilton ETFs to\ndetermine the risk level of its publicly-offered exchange traded funds.\n\nNo material changes have been made to the investment objectives, strategies or\nmanagement of the ETFs. The change in the risk ratings will be reflected in\nthe ETFs' offering documents, which will be completed in accordance with\napplicable securities laws.\n\nAbout Hamilton ETFs\n\nWith over $18 billion in assets under management, Hamilton ETFs is Canada’s\nlargest independent ETF provider, offering a suite of innovative exchange\ntraded funds (ETFs) designed to maximize income and growth from trusted\nsectors in Canada and across the globe.\n\nCommissions, management fees and expenses all may be associated with an\ninvestment in exchange traded funds (ETFs). Please read the prospectus before\ninvesting. ETFs are not guaranteed, their values change frequently, and past\nperformance may not be repeated.\n\nCertain statements may constitute a forward-looking statement, including those\nidentified by the expression “expect” and similar expressions (including\ngrammatical variations thereof). The forward-looking statements are not\nhistorical facts but reflect the author’s current expectations regarding\nfuture results or events. These forward-looking statements are subject to a\nnumber of risks and uncertainties that could cause actual results or events to\ndiffer materially from current expectations. These and other factors should be\nconsidered carefully, and readers should not place undue reliance on such\nforward-looking statements. These forward-looking statements are made as of\nthe date hereof, and the authors do not undertake to update any\nforward-looking statement that is contained herein, whether as a result of new\ninformation, future events or otherwise, unless required by applicable law.\n\nThis press release is for information purposes only and does not constitute an\noffer to sell or a solicitation to buy the securities referred to herein. This\npress release is not for dissemination in the United States or for\ndistribution to U.S. news wire services.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260910240376/en/\n(https://www.businesswire.com/news/home/20260910240376/en/)\n\nFor investor inquiries: Contact Hamilton ETFs at (416) 941-9888,\ninfo@hamiltonetfs.com \n(mailto:info@hamiltonetfs.com) \n\n\nFor media inquiries: Contact Louis Ribieras, Director, Marketing, (416)\n941-9996, marketing@hamiltonetfs.com (mailto:marketing@hamiltonetfs.com) .\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-10T21:00:00.242136996Z","server_sent_at_ms":1789074000242},"received_at":"2026-09-10T21:00:00.369Z","source_url":"https://www.businesswire.com/news/home/20260910240376/en/"},"analysis":{"id":"129902","press_release_id":"141064","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["risk rating raised from Low to Medium to Medium — may affect suitability classification for conservative income-focused investors"],"eventType":"regulatory","narrative":"Hamilton ETFs raised the investment risk rating on its U.S. Equity YIELD MAXIMIZER ETF (TSX: SMAX and SMAX.U) from Low to Medium to Medium.\n\nThe change stems from the Canadian Securities Administrators' mandated risk-rating methodology and Hamilton's annual review; the fund's investment objectives, strategies and management are unchanged.\n\nHamilton ETFs, with over $18 billion in assets under management, is Canada's largest independent ETF provider, and the re-rating is an administrative disclosure reflected in forthcoming offering documents.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine CSA-mandated risk re-rating on SMAX with no change to fund mandate — suppress from headline feeds."},"keyFigures":{"customDimensions":{"manager_aum":"$18 billion","updated_risk_rating":"Medium","previous_risk_rating":"Low to Medium"}},"quotedText":"No material changes have been made to the investment objectives, strategies or\nmanagement of the ETFs.","namedEntities":{"people":[{"name":"Louis Ribieras","role":"Director, Marketing (media contact)"}],"products":["Hamilton U.S. Equity YIELD MAXIMIZER™ ETF"],"companies":[{"name":"Hamilton Capital Partners Inc. (Hamilton ETFs)","ticker":"SMAX","relationship":"fund manager / issuer of the press release"}],"dollarAmounts":[{"amount":"$18 billion","context":"assets under management at Hamilton ETFs"}]},"materialImpact":{"score":1,"reasoning":"Routine annual risk-rating update driven by the CSA-mandated methodology; the issuer explicitly states no material changes to the ETF's investment objectives, strategies or management. Boilerplate fund-administration disclosure with no earnings, holdings, or strategic impact."},"tickerRelevance":{"others":[{"ticker":"SMAX.U","relevance":"US$ unhedged unit class of the same ETF, also re-rated"}],"primary":"SMAX"},"globalImportance":8,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"aumContext":"manager over $18B AUM","tickerTier":"single Canadian-listed ETF, niche retail income audience","eventGravity":"routine regulatory-mandated risk rating update","issuerAuthored":true,"materialChangeToFund":false}},"event_type":"regulatory","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hamilton ETFs raised the investment risk rating on its U.S. Equity YIELD MAXIMIZER ETF (TSX: SMAX and SMAX.U) from Low to Medium to Medium.\n\nThe change stems from the Canadian Securities Administrators' mandated risk-rating methodology and Hamilton's annual review; the fund's investment objectives, strategies and management are unchanged.\n\nHamilton ETFs, with over $18 billion in assets under management, is Canada's largest independent ETF provider, and the re-rating is an administrative disclosure reflected in forthcoming offering documents.","key_figures":{"customDimensions":{"manager_aum":"$18 billion","updated_risk_rating":"Medium","previous_risk_rating":"Low to Medium"}},"named_entities":{"people":[{"name":"Louis Ribieras","role":"Director, Marketing (media contact)"}],"products":["Hamilton U.S. Equity YIELD MAXIMIZER™ ETF"],"companies":[{"name":"Hamilton Capital Partners Inc. (Hamilton ETFs)","ticker":"SMAX","relationship":"fund manager / issuer of the press release"}],"dollarAmounts":[{"amount":"$18 billion","context":"assets under management at Hamilton ETFs"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-10T21:00:36.378Z","global_importance":8,"audience_relevance":10,"importance_components":{"aumContext":"manager over $18B AUM","tickerTier":"single Canadian-listed ETF, niche retail income audience","eventGravity":"routine regulatory-mandated risk rating update","issuerAuthored":true,"materialChangeToFund":false}},"durationMs":35998,"modelName":"glm-5.3-flash"}}