Key stats
About ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)
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Inception date
May 10, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Accelerate Financial Technologies, Inc.
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Non-Energy Minerals
Consumer Services
Stocks173.50%
Technology Services16.24%
Finance12.53%
Non-Energy Minerals11.29%
Consumer Services10.30%
Consumer Non-Durables8.22%
Retail Trade6.49%
Distribution Services6.24%
Producer Manufacturing5.97%
Energy Minerals5.93%
Health Technology4.02%
Commercial Services3.90%
Utilities2.38%
Electronic Technology2.30%
Health Services2.26%
Transportation1.92%
Bonds, Cash & Other−73.50%
Miscellaneous−73.50%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HDGE top holdings are Lundin Gold Inc. and Anglogold Ashanti PLC, occupying 4.44% and 4.16% of the portfolio correspondingly.
HDGE last dividends amounted to 0.10 CAD. The quarter before, the issuer paid 0.10 CAD in dividends,
HDGE assets under management is 42.98 M CAD. It's fallen 7.08% over the last month.
HDGE fund flows account for 17.81 M 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.
Yes, HDGE pays dividends to its holders with the dividend yield of 1.51%. The last dividend (Apr 7, 2025) amounted to 0.10 CAD. The dividends are paid quarterly.
HDGE shares are issued by Accelerate Financial Technologies, Inc. under the brand Accelerate. The ETF was launched on May 10, 2019, and its management style is Active.
HDGE expense ratio is 3.53% meaning you'd have to pay 3.53% of your investment to help manage the fund.
HDGE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HDGE invests in stocks.
HDGE price has risen by 2.48% over the last month, and its yearly performance shows a 1.22% increase. See more dynamics on HDGE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.59% over the last month, showed a −3.10% decrease in three-month performance and has increased by 3.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.59% over the last month, showed a −3.10% decrease in three-month performance and has increased by 3.26% in a year.
HDGE trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.