CALGARY, AB, Dec. 18, 2020 /CNW/ - Accelerate Financial
Technologies Inc., ("Accelerate") today announced the estimated
December 2020, annual share
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 annual 2020
distributions will be December 30,
2020, for all unitholders of record of the Accelerate Funds
on December 31, 2020. Unitholders
will receive share distributions payable on January 8, 2021. Please note that these are
estimated amounts only as of December 14,
2020, and could change if the Accelerate ETFs experience
subscriptions or redemptions prior to the ex-dividend date or may
change for other unforeseen reasons.
Details of the estimated per unit distribution amounts are as
follows:
|
Accelerate
Funds
|
TSX
Ticker
|
Distribution per
Unit ($)
|
Capital Gains per
Units ($)
|
Total Distribution
Per Units ($)
|
Distribution
Yield
|
Payment
Frequency
|
|
Accelerate Absolute
Return Hedge Fund
|
HDGE
|
--
|
--
|
--
|
2.61%
|
Annual
|
|
Accelerate Enhanced
Canadian Benchmark Alternative Fund
|
ATSX
|
--
|
--
|
--
|
1.95%
|
Annual
|
|
Accelerate Arbitrage
Fund
|
ARB
|
0.2215880
|
--
|
0.221588
|
2.76%
|
Annual
|
|
Accelerate Private
Equity Alpha Fund
|
ALFA
|
--
|
--
|
--
|
N/A
|
Annual
|
To learn more about the Accelerate Funds, 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. Investments
in 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 is leading innovation in financial services as the
pioneer of institutional-caliber hedge fund and private equity ETFs
for investors seeking long-term performance. Accelerate was
established by a team with a track record of successfully managing
award-winning hedge funds and is disrupting the asset management
industry by offering performance-oriented alternative investment
strategies previously reserved for wealthy investors at a fee
significantly lower than competitors.
SOURCE Accelerate Financial Technologies Inc.