Accelerate Announces Updated Monthly, Quarterly Distributions, and Estimated Reinvested Annual Distributions
CALGARY, AB, Dec. 19, 2024 /CNW/ - Accelerate Financial Technologies Inc., ("Accelerate") today announced an update to the December and fourth quarter cash distributions, along with the annual reinvested share distributions for Accelerate Exchange Traded Funds ("Accelerate Funds"), summarized below, that are listed on the Toronto Stock Exchange ('TSX"). The ex-dividend date and the record date that was declared on December 16, 2024, has been amended as described in following section.
The ex-dividend date for the distributions will be December 31, 2024. All unitholders of record of the Accelerate Funds on December 31, 2024, will receive cash distributions payable on January 10, 2025, or later.
Details of the quarterly per unit distribution amounts are as follows:
Accelerate Funds | TSX Ticker | Distribution per Unit ($) | Distribution Yield | Payment Frequency |
Accelerate Absolute Return Fund | HDGE | 0.10 | 1.46 % | Quarterly |
Accelerate Canadian Long Short Equity Fund | ATSX | N/A | 0.00 % | N/A |
Accelerate OneChoice Alternative Portfolio ETF | ONEC | 0.10 | 1.72 % | Quarterly |
Accelerate Arbitrage Fund | ARB | 0.26 | 3.94 % | Quarterly |
Accelerate Diversified Credit Income Fund | INCM | 0.165 | 10.09 % | Monthly |
Details of the estimated annual per unit reinvested distribution amounts are as follows:
Accelerate Funds | TSX Ticker | Total Reinvested Distribution Per Units ($) |
Accelerate Absolute Return Fund | HDGE | 0.0 |
Accelerate Canadian Long Short Equity Fund | ATSX | 0.935293 |
Accelerate OneChoice Alternative Portfolio ETF | ONEC | 0.0 |
Accelerate Arbitrage Fund | ARB | 0.0 |
Accelerate Diversified Credit Income Fund | INCM | 0.0 |
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.