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The newly announced risk ratings will be reflected in the ETFs’ prospectus and each applicable summary document

By Tessie Sanci |

Toronto-based Hamilton Capital Partners Inc. announced on Thursday that its has set the risk ratings at "medium" for Hamilton Capital Global Bank ETF and Hamilton Capital Global Financials Yield ETF.

This is the first time that risk ratings have been published for these particular ETFs. Changes have not being made to the investment objectives, strategies or management of these ETFs.

The newly announced risk ratings will be reflected in the ETFs' prospectus and each applicable summary document. Amendments to such documents disclosing the risk ratings were expected to be filed with Canadian securities regulators on Feb. 15.