CALGARY,
AB, Dec. 19, 2024 /CNW/ - Accelerate Financial
Technologies Inc., ("Accelerate") today announced an update to the
December and fourth quarter cash distributions, along with the
annual reinvested share distributions for Accelerate Exchange
Traded Funds ("Accelerate Funds"), summarized below, that are
listed on the Toronto Stock Exchange ('TSX"). The ex-dividend date
and the record date that was declared on December 16, 2024, has been amended as described
in following section.
The ex-dividend date for the distributions will be December 31, 2024. All unitholders of record of
the Accelerate Funds on December 31,
2024, will receive cash distributions payable on
January 10, 2025, or later.
Details of the quarterly per unit distribution amounts are as
follows:
|
Accelerate
Funds
|
TSX
Ticker
|
Distribution per
Unit ($)
|
Distribution
Yield
|
Payment
Frequency
|
|
Accelerate Absolute
Return Fund
|
HDGE
|
0.10
|
1.46 %
|
Quarterly
|
|
Accelerate Canadian
Long Short Equity Fund
|
ATSX
|
N/A
|
0.00 %
|
N/A
|
|
Accelerate OneChoice
Alternative Portfolio ETF
|
ONEC
|
0.10
|
1.72 %
|
Quarterly
|
|
Accelerate Arbitrage
Fund
|
ARB
|
0.26
|
3.94 %
|
Quarterly
|
|
Accelerate Diversified
Credit Income Fund
|
INCM
|
0.165
|
10.09 %
|
Monthly
|
Details of the estimated annual per unit reinvested distribution
amounts are as follows:
|
Accelerate
Funds
|
TSX
Ticker
|
Total Reinvested
Distribution Per Units ($)
|
|
Accelerate Absolute
Return Fund
|
HDGE
|
0.0
|
|
Accelerate Canadian
Long Short Equity Fund
|
ATSX
|
0.935293
|
|
Accelerate OneChoice
Alternative Portfolio ETF
|
ONEC
|
0.0
|
|
Accelerate Arbitrage
Fund
|
ARB
|
0.0
|
|
Accelerate Diversified
Credit Income Fund
|
INCM
|
0.0
|
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.