CALGARY,
AB, June 13, 2024 /CNW/ - Accelerate
Financial Technologies Inc., ("Accelerate") today announced the Q2
and June 2024 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 June 28, 2024. All unitholders of record of the
Accelerate Funds on June 28, 2024,
will receive cash distributions payable on July 9, 2024.
"We are pleased to declare the inaugural distribution for the
Accelerate Diversified Credit Income Fund (INCM), Canada's first private credit ETF," said
Julian Klymochko, CEO and Chief
Investment Officer of Accelerate. "INCM's 10.17% yield, sourced
from a diversified portfolio of mainly senior-secured floating-rate
loans, provides investors with one of the highest monthly income
streams in the fixed income segment."
Details of the per unit distribution amounts are as
follows:
|
Accelerate
Fund
|
TSX
Ticker
|
Distribution per
Unit ($)
|
Distribution
Yield
|
Payment
Frequency
|
|
Accelerate Absolute
Return Hedge Fund
|
HDGE
|
0.10
|
1.56 %
|
Quarterly
|
|
Accelerate Enhanced
Canadian Benchmark Alternative Fund
|
ATSX
|
n/a
|
0.00 %
|
n/a
|
|
Accelerate OneChoice
Alternative Portfolio ETF
|
ONEC
|
0.10
|
1.84 %
|
Quarterly
|
|
Accelerate Arbitrage
Fund
|
ARB
|
0.26
|
3.97 %
|
Quarterly
|
|
Accelerate Diversified
Credit Income Fund
|
INCM
|
0.17
|
10.17 %
|
Monthly
|
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.