CALGARY,
AB, Sept. 14, 2023 /CNW/ - Accelerate
Financial Technologies Inc., ("Accelerate") today announced the
September 2023, quarterly cash
distributions for Accelerate Exchange Traded Funds ("Accelerate
Funds"), summarized below, that are listed on the Toronto Stock
Exchange ('TSX"). The ex-dividend date for the distributions will
be September 28, 2023. All
unitholders of record of the Accelerate Funds on September 29, 2023, will receive cash
distributions payable on October 10,
2023.
"Due to the Accelerate Arbitrage Fund's (TSX: ARB)
industry-leading investment performance, including a since
inception annualized return of 9.6% and a #4 global ranking from
BarclayHedge, we are pleased to further reward ARB investors with a
30% distribution increase." said Julian
Klymochko, CEO and Chief Investment Officer of Accelerate.
"This is ARB's third distribution increase, and it now yields 4.0%,
making it a potentially attractive fixed income alternative for
income investors seeking consistent performance and tax
efficiency."
Details of the per unit distribution amounts are as follows:
|
Accelerate
Funds
|
TSX
Ticker
|
Distribution
per Unit ($)
|
Distribution
Yield
|
Payment
Frequency
|
|
Accelerate Absolute
Return Hedge Fund
|
HDGE
|
0.10
|
1.73 %
|
Quarterly
|
|
Accelerate Enhanced
Canadian Benchmark Alternative Fund
|
ATSX
|
0.42
|
7.41 %
|
Quarterly
|
|
Accelerate OneChoice
Alternative
Portfolio ETF
|
ONEC
|
0.10
|
1.98 %
|
Quarterly
|
|
Accelerate Arbitrage
Fund
|
ARB
|
0.26
|
4.01 %
|
Quarterly
|
Accelerate is powering diversification. To learn more
visit https://accelerateshares.com.
About the Accelerate Funds
Performance fees, brokerage fees and expenses all may be
associated with investments in the Accelerate Funds. Please read
the prospectus or ETF facts document before investing. ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated. ETF units are bought and sold at market price on a
stock exchange and brokerage commissions will reduce returns.
About Accelerate Financial Technologies Inc.
Accelerate Financial Technologies Inc. is a leading provider of
alternative investment solutions. Accelerate helps investment
advisors, institutions and individual investors diversify their
investment portfolios, manage risk, and improve their portfolio's
risk-adjusted returns.
SOURCE Accelerate Financial Technologies Inc.