ACCELERATE CDN LONG SHORT EQUITY FD TR UNITACCELERATE CDN LONG SHORT EQUITY FD TR UNITACCELERATE CDN LONG SHORT EQUITY FD TR UNIT

ACCELERATE CDN LONG SHORT EQUITY FD TR UNIT

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Key stats


Assets under management (AUM)
‪2.87 M‬CAD
Fund flows (1Y)
‪−607.59 K‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−2.3%
Shares outstanding
‪100.00 K‬
Expense ratio
2.97%

About ACCELERATE CDN LONG SHORT EQUITY FD TR UNIT


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
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Accelerate Financial Technologies, Inc.
The fund seeks long-term capital appreciation and outperform the broader Canadian equity market by investing primarily in Canadian equities and using a long/short overlay portfolio which aims to add positive absolute return. The long/short equity overlay portfolio holds up to 50% short position, and uses the cash generated from its short positions for an additional 50% long position. As a result, ATSXs long portfolio may have up to 150% exposure. Securities of the long and short portfolio are selected by applying a proprietary multifactor model to the Canadian 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. ATSX is an actively managed fund.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Multi-strategy
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Stocks
Non-Energy Minerals
Finance
Retail Trade
Energy Minerals
Stocks143.21%
Non-Energy Minerals21.18%
Finance20.12%
Retail Trade11.61%
Energy Minerals11.10%
Distribution Services6.57%
Electronic Technology4.75%
Consumer Services4.58%
Industrial Services4.34%
Consumer Non-Durables2.40%
Consumer Durables2.39%
Technology Services2.38%
Health Services2.21%
Communications2.14%
Producer Manufacturing2.14%
Transportation2.11%
Bonds, Cash & Other−43.21%
Miscellaneous−43.21%
Top 10 holdings
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.

Broaden your horizons with more funds linked to ATSX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ATSX trades at 28.73 CAD today, its price has fallen −0.14% in the past 24 hours. Track more dynamics on ATSX price chart.
ATSX net asset value is 28.65 today — it's risen 5.55% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ATSX assets under management is ‪2.87 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ATSX price has risen by 4.32% over the last month, and its yearly performance shows a 22.10% increase. See more dynamics on ATSX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.55% over the last month, showed a 6.44% increase in three-month performance and has increased by 21.04% in a year.
ATSX fund flows account for ‪−607.59 K‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ATSX invests in stocks. See more details in our Analysis section.
ATSX expense ratio is 2.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ATSX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ATSX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ATSX shows the strong buy signal. See more of ATSX technicals for a more comprehensive analysis.
ATSX trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ATSX shares are issued by Accelerate Financial Technologies, Inc.
ATSX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 10, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.