CALGARY, AB, Dec. 15, 2020 /CNW/ - Accelerate Financial
Technologies Inc., ("Accelerate") today announced the December 2020, quarterly 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 December 30, 2020, for all unitholders of record
of the Accelerate Funds on December 31,
2020. Unitholders will receive cash distributions payable on
January 8, 2021.
Details of the per unit distribution amounts are as follows:
|
Accelerate
Funds
|
Distribution
per Unit ($)
|
TSX
Ticker
|
Distribution
Yield
|
Payment
Frequency
|
|
Accelerate Absolute
Return Hedge Fund
|
0.10
|
HDGE
|
2.61%
|
Quarterly
|
|
Accelerate Enhanced
Canadian
Benchmark Alternative Fund
|
0.10
|
ATSX
|
1.95%
|
Quarterly
|
|
Accelerate Arbitrage
Fund
|
0.17
|
ARB
|
2.76%
|
Quarterly
|
|
Accelerate Private
Equity Alpha Fund
|
N/A
|
ALFA
|
N/A
|
None
|
The $0.17 per unit quarterly
distribution for the Accelerate Arbitrage Fund (TSX: ARB)
represents a 13.3% increase in quarterly distribution.
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. 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.