Is AMAX on the toronto stock exchange a good buy

AMAX is not listed on the Toronto Stock Exchange (TSX); instead, it is an exchange-traded fund (ETF) issued by Adaptive Investments and listed on the New York Stock Exchange (NYSE) ARCA. As of the latest data, AMAX has a closing price of $7.91 on August 19, 2025, and its performance is influenced by its asset allocation and management style.

Given that AMAX is an ETF and not a stock listed on the TSX, it is not directly comparable to traditional stocks in terms of buy criteria. However, if you are considering whether AMAX aligns with your investment goals, here are some points to consider:

1. **Investment Objective**: AMAX seeks total return through a combination of capital appreciation and current income, with a focus on global equities and fixed income securities.
2. **Asset Allocation**: The fund uses a market trend model to initiate periods of hedging, which may influence its performance during market volatility.
3. **Expense Ratio**: AMAX has an expense ratio of 1.29%, which is relatively high compared to some passive ETFs but typical for actively managed funds.
4. **Dividend Yield**: AMAX has a dividend yield of 1.04%, with a history of consistent dividend payments.

Whether AMAX is a "good buy" depends on your individual investment strategy, risk tolerance, and the alignment of its objectives with your financial goals. It's important to review the fund's performance, fees, and investment strategy in detail, considering how these factors fit into your overall portfolio and investment outlook.