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:
$0.10 per quarter
Exchange:
TSX
Currency:
CAD/USD
Risk Rating:
Medium
Track Record
Investment Process
HDGE utilizes a systematic, proprietary multi-factor model to sort and rank all liquid North American stocks based on five principal factors:
- Value
- Quality
- Price Momentum
- Operating Momentum
- Trend
The Fund is long a portfolio of stocks chosen from those having the highest expected return according to our data-driven multi-factor model. At the same time, the Fund is short a portfolio of of stocks chosen from those having the lowest expected return. The portfolio is rebalanced on a monthly basis to achieve the highest expected risk-adjusted return for investors.
Performance as of 2025-Sep-30
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | Since Inception | ||
|---|---|---|---|---|---|---|---|---|
| HDGE | 4.2% | 3.5% | 3.0% | 4.2% | 13.3% | 12.2% | 7.1% |
Fund Characteristics as of 2025-Sep-30
| Long | Short | |
|---|---|---|
| Number of Securities | 48 | 43 |
| Average Market Cap ($mm) | $80,282 | $3,709 |
| Median Market Cap ($mm) | $18,022 | $2,004 |
| Beta | 1.0 | 1.2 |
| EBITDA/EV | 8.4% | 5.5% |
| FCF/EV | 5.5% | -4.1% |
| Trailing Return | 51.7% | 2.7% |
| Pct of 52 Week High | 93.7% | 57.4% |
| Return on Capital | 21.8% | -5.1% |
| Gross Profits/Assets | 7.6% | 3.6% |
| 50 DMA to 200 DMA | 109.2% | 91.2% |
| EPS Revision | -1.2% | -4.8% |
| Change In Shares | -2.9% | 7.9% |
| Earnings Abnormal Return | 0.8% | -7.9% |
Sector Weightings as of 2025-Sep-30
| Long | Short | |
|---|---|---|
| Communication Services | 9.2% | -2.1% |
| Consumer Discretionary | 13.8% | -5.4% |
| Consumer Staples | 13.8% | |
| Energy | 9.2% | -3.2% |
| Financials | 11.5% | -5.4% |
| Health Care | 9.2% | -5.4% |
| Industrials | 13.8% | -7.5% |
| Information Technology | 13.8% | -6.4% |
| Materials | 11.5% | -6.4% |
| Real Estate | 2.3% | -2.1% |
| Utilities | 2.3% | -2.1% |
Top Holdings as of 2025-Sep-30
| Long Security Name | Weight | |
|---|---|---|
| Booking Holdings Inc | 2.3% | |
| Netflix Inc | 2.3% | |
| Ulta Beauty Inc | 2.3% | |
| Valmont Industries Inc | 2.3% | |
| McKesson Corp | 2.3% | |
| Paycom Software Inc | 2.3% | |
| F5 Inc | 2.3% | |
| Jabil Inc | 2.3% | |
| Veeva Systems Inc | 2.3% | |
| Celestica Inc | 2.3% | |
| Adtalem Global Education Inc | 2.3% | |
| NRG Energy Inc | 2.3% | |
| Synchrony Financial | 2.3% | |
| Fox Corp | 2.3% | |
| Amrize Ltd | 2.3% | |
| Check Point Software Technologies | 2.3% | |
| Coca-Cola Europacific Partners | 2.3% | |
| Tidewater Inc | 2.3% | |
| Kinross Gold Corp | 2.3% | |
| Bancorp Inc/The | 2.3% | |
| Pegasystems Inc | 2.3% | |
| Griffon Corp | 2.3% | |
| Galaxy Digital Inc | 2.3% | |
| US Foods Holding Corp | 2.3% | |
| GigaCloud Technology Inc | 2.3% | |
| Smithfield Foods Inc | 2.3% | |
| Build-A-Bear Workshop Inc | 2.3% | |
| Cargurus Inc | 2.3% | |
| Compass Inc | 2.3% | |
| TechnipFMC PLC | 2.3% | |
| Hamilton Insurance Group Ltd | 2.3% | |
| Genpact Ltd | 2.3% | |
| Tenet Healthcare Corp | 2.3% | |
| Altria Group Inc | 2.3% | |
| UL Solutions Inc | 2.3% | |
| Cardinal Health Inc | 2.3% | |
| Imperial Oil Ltd | 2.3% | |
| George Weston Ltd | 2.3% | |
| Wesdome Gold Mines Ltd | 2.3% | |
| Bank of Montreal | 2.3% | |
| Loblaw Cos Ltd | 2.3% | |
| Trican Well Service Ltd | 2.3% | |
| Finning International Inc | 2.3% | |
| Endeavour Mining PLC | 2.3% | |
| Dundee Precious Metals Inc | 2.3% | |
| Expedia Group Inc | 2.3% | |
| Intuit Inc | 2.3% | |
| Meta Platforms Inc | 2.3% |
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.
