ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)

ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)

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Key stats


Assets under management (AUM)
‪42.34 M‬CAD
Fund flows (1Y)
‪16.07 M‬CAD
Dividend yield (indicated)
1.45%
Discount/Premium to NAV
0.5%
Shares outstanding
‪1.55 M‬
Expense ratio
3.53%

About ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)


Issuer
Accelerate Financial Technologies, Inc.
Brand
Accelerate
Inception date
May 10, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
The fund seeks long-term capital appreciation and outperform the Canadian equity market through a strategy that offers long and short exposure to the Canadian and US equities. The strategy involves long position to equities that are expected to outperform the market, while selling short those that are expected to underperform. HDGE uses the cash generated from its short positions for an additional long position. As a result, long portfolio may have up to 110% exposure and short portfolio up to 50% exposure, resulting in a net long equity exposure of 60%. Securities of the long and short portfolio are selected by applying a proprietary multifactor model to the Canadian and US equity market. Equities generated by this model that are in the top 10% are selected for the long portfolio, and the bottom 10% for the short portfolio, based on factors including value, quality, price momentum, operational momentum and trend.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Absolute return
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Stocks
Technology Services
Producer Manufacturing
Non-Energy Minerals
Stocks165.26%
Technology Services16.77%
Producer Manufacturing14.71%
Non-Energy Minerals12.18%
Consumer Services8.71%
Finance8.47%
Retail Trade8.14%
Commercial Services5.97%
Electronic Technology4.47%
Consumer Non-Durables4.31%
Utilities4.17%
Distribution Services4.15%
Industrial Services2.08%
Process Industries2.05%
Health Technology2.05%
Consumer Durables1.76%
Bonds, Cash & Other−65.26%
Miscellaneous−65.26%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.