Accelerate Absolute Return Fund
Portfolio Protector.
The Accelerate Absolute Return Fund (TSX:HDGE, HDGE.U) is a quantitative long-short equity hedge fund that seeks to achieve attractive risk-adjusted returns with low correlation to the broad equity markets.
About the Fund
The Accelerate Absolute Return Fund (TSX: HDGE, HDGE.U) is a quantitative long-short equity hedge fund that seeks to achieve attractive risk-adjusted returns with low correlation to the broad equity markets.
Investment Objectives
- Target 10-15% annualized returns
- Generate positive returns irrespective of market direction
- Hedge downside risk
- Manage volatility
- Provide uncorrelated returns
Accelerate Absolute Return Fund Explained:
HDGE TRADING DATA
NAV:
Date:
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QUICK FACTS
Type:
Long-short equity
Structure:
Alternative ETF
Date Started:
May 10, 2019
Management Fee:
0.00%
Performance Fee:
20% of outperformance over high water mark
Investment Manager:
Accelerate Financial Technologies Inc.
Distribution:
$0.10 per quarter
Exchange:
TSX
Currency:
CAD/USD
Risk Rating:
Medium
Track Record
Investment Process
HDGE utilizes a systematic, proprietary multi-factor model to sort and rank all liquid North American stocks based on five principal factors:
- Value
- Quality
- Price Momentum
- Operating Momentum
- Trend
The Fund is long a portfolio of stocks chosen from those having the highest expected return according to our data-driven multi-factor model. At the same time, the Fund is short a portfolio of of stocks chosen from those having the lowest expected return. The portfolio is rebalanced on a monthly basis to achieve the highest expected risk-adjusted return for investors.
Performance as of 2026-Jul-31
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | Since Inception | ||
|---|---|---|---|---|---|---|---|---|
| HDGE | 0.1% | 1.3% | 2.2% | 6.3% | 9.1% | 13.9% | 6.6% |
Fund Characteristics as of 2026-Jul-31
| Long | Short | |
|---|---|---|
| Number of Securities | 67 | 64 |
| Average Market Cap ($mm) | $194,709 | $9,358 |
| Median Market Cap ($mm) | $7,851 | $2,199 |
| Beta | 1.1 | 1.2 |
| EBITDA/EV | 9.1% | 1.8% |
| FCF/EV | 7.0% | -2.3% |
| Trailing Return | 147.3% | -25.4% |
| Pct of 52 Week High | 90.1% | 56.1% |
| Return on Capital | 24.1% | -8.4% |
| Gross Profits/Assets | 8.4% | 4.1% |
| 50 DMA to 200 DMA | 124.3% | 87.2% |
| EPS Revision | 0.3% | -1.8% |
| Change In Shares | -2.2% | 4.0% |
| Earnings Abnormal Return | 5.8% | -5.0% |
Sector Weightings as of 2026-Jul-31
| Long | Short | |
|---|---|---|
| Communication Services | 4.9% | -3.6% |
| Consumer Discretionary | 23.0% | -5.8% |
| Consumer Staples | 3.3% | -0.7% |
| Energy | 9.8% | -0.7% |
| Financials | 18.1% | -7.9% |
| Health Care | 6.6% | -5.0% |
| Industrials | 14.8% | -8.6% |
| Information Technology | 19.7% | -6.5% |
| Materials | 9.8% | -5.8% |
| Real Estate | 0.0% | -1.4% |
| Utilities | 0.0% | 0.0% |
Top Holdings as of 2026-Jul-31
| Long Security Name | Weight | |
|---|---|---|
| Comfort Systems USA Inc | 1.6% | |
| Valero Energy Corp | 1.6% | |
| TD SYNNEX Corp | 1.6% | |
| Hanover Insurance Group Inc/Th | 1.6% | |
| DaVita Inc | 1.6% | |
| Cirrus Logic Inc | 1.6% | |
| Royal Bank of Canada | 1.6% | |
| Ross Stores Inc | 1.6% | |
| Five Below Inc | 1.6% | |
| Copa Holdings SA | 1.6% | |
| Newmont Corp | 1.6% | |
| Bread Financial Holdings Inc | 1.6% | |
| Steel Dynamics Inc | 1.6% | |
| Penguin Solutions Inc | 1.6% | |
| TechnipFMC PLC | 1.6% | |
| Alphabet Inc | 1.6% | |
| Federated Hermes Inc | 1.6% | |
| International Seaways Inc | 1.6% | |
| Tapestry Inc | 1.6% | |
| Aritzia Inc | 1.6% | |
| Cardinal Health Inc | 1.6% | |
| G-III Apparel Group Ltd | 1.6% | |
| Dell Technologies Inc | 1.6% | |
| Matson Inc | 1.6% | |
| Quebecor Inc | 1.6% | |
| Match Group Inc | 1.6% | |
| AMN Healthcare Services Inc | 1.6% | |
| Rockwell Automation Inc | 1.6% | |
| RingCentral Inc | 1.6% | |
| Popular Inc | 1.6% | |
| Macys Inc | 1.6% | |
| Signet Jewelers Ltd | 1.6% | |
| Linamar Corp | 1.6% | |
| Centerra Gold Inc | 1.6% | |
| Wesdome Gold Mines Ltd | 1.6% | |
| Pitney Bowes Inc | 1.6% | |
| Callaway Golf Co | 1.6% | |
| Tactile Systems Technology Inc | 1.6% | |
| Hamilton Insurance Group Ltd | 1.6% | |
| Finning International Inc | 1.6% | |
| Garrett Motion Inc | 1.6% | |
| AZZ Inc | 1.6% | |
| Magnolia Oil & Gas Corp | 1.6% | |
| Oscar Health Inc | 1.6% | |
| Victorias Secret & Co | 1.6% | |
| Endeavour Mining PLC | 1.6% | |
| Cathay General Bancorp | 1.6% | |
| Frontline PLC | 1.6% | |
| HF Sinclair Corp | 1.6% | |
| WSFS Financial Corp | 1.6% | |
| Loblaw Cos Ltd | 1.6% | |
| Expedia Group Inc | 1.6% | |
| Spectrum Brands Holdings Inc | 1.6% | |
| Travelers Cos Inc/The | 1.6% | |
| Preferred Bank/Los Angeles CA | 1.6% | |
| Monarch Casino & Resort Inc | 1.6% | |
| Micron Technology Inc | 1.6% | |
| EnerSys | 1.6% | |
| EMCOR Group Inc | 1.6% | |
| Nucor Corp | 1.6% | |
| Lam Research Corp | 1.6% | |
| Western Digital Corp | 1.6% | |
| Jabil Inc | 1.6% | |
| Apple Inc | 1.6% | |
| Murphy USA Inc | 1.6% | |
| Seagate Technology Holdings PL | 1.6% | |
| Sandisk Corp | 1.6% |
DISCLAIMER: This information on this web page does not constitute investment, legal or tax advice. Performance is inclusive of reinvested distributions. Past performance is not indicative of future results. Any data provided on this web page should not be viewed as a recommendation or solicitation of an offer to buy or sell any securities or investment strategies. The information on this web page is based on market conditions and may fluctuate and change without notice. Accelerate does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this website and any liability is expressly disclaimed.
