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:
$0.10 per quarter
Exchange:
TSX
Currency:
CAD/USD
Risk Rating:
Medium
Track Record
Investment Process
HDGE utilizes a systematic, proprietary multi-factor model to sort and rank all liquid North American stocks based on five principal factors:
- Value
- Quality
- Price Momentum
- Operating Momentum
- Trend
The Fund is long a portfolio of stocks chosen from those having the highest expected return according to our data-driven multi-factor model. At the same time, the Fund is short a portfolio of of stocks chosen from those having the lowest expected return. The portfolio is rebalanced on a monthly basis to achieve the highest expected risk-adjusted return for investors.
Performance as of 2025-Jul-31
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| HDGE | -0.3% | 2.6% | -0.7% | 2.0% | 9.2% | 10.3% | 6.6% |
Fund Characteristics as of 2025-Jul-31
| Long | Short | |
|---|---|---|
| Number of Securities | 48 | 46 |
| Average Market Cap ($mm) | $69,995 | $8,977 |
| Beta | 1.0 | 1.2 |
| EBITDA/EV | 10.1% | 6.4% |
| FCF/EV | 6.7% | -2.2% |
| Trailing Return | 43.0% | -31.1% |
| Pct of 52 Week High | 92.0% | 53.0% |
| Return on Capital | 21.3% | -3.3% |
| Gross Profits/Assets | 7.9% | 2.8% |
| 50 DMA to 200 DMA | 107.0% | 72.6% |
| EPS Revision | -0.1% | 3.3% |
| Change In Shares | -2.3% | 5.4% |
| Earnings Abnormal Return | 5.3% | -2.9% |
Sector Weightings as of 2025-Jul-31
| Long | Short | |
|---|---|---|
| Communication Services | 9.3% | -2.1% |
| Consumer Discretionary | 11.4% | -4.0% |
| Consumer Staples | 11.6% | -1.0% |
| Energy | 12.0% | -6.3% |
| Financials | 13.7% | -4.1% |
| Health Care | 6.9% | -7.0% |
| Industrials | 16.1% | -7.0% |
| Information Technology | 16.0% | -9.0% |
| Materials | 11.4% | -5.0% |
| Real Estate | 0.0% | 0.0% |
| Utilities | 2.2% | -1.1% |
| Equity Exposure | 110.5% | -46.6% |
Top Holdings as of 2025-Jul-31
| Long Security Name | Weight |
|---|---|
| TechnipFMC PLC | 2.4% |
| Suncor Energy Inc | 2.4% |
| Trican Well Service Ltd | 2.4% |
| Finning International Inc | 2.4% |
| Celestica Inc | 2.4% |
| California Resources Corp | 2.4% |
| Canadian Natural Resources Ltd | 2.4% |
| Coca-Cola Europacific Partners | 2.3% |
| Cargurus Inc | 2.3% |
| Genpact Ltd | 2.3% |
| Synchrony Financial | 2.3% |
| Veeva Systems Inc | 2.3% |
| Altria Group Inc | 2.3% |
| Kinross Gold Corp | 2.3% |
| Fox Corp | 2.3% |
| Charter Communications Inc | 2.3% |
| Loblaw Cos Ltd | 2.3% |
| Intuit Inc | 2.3% |
| Cardinal Health Inc | 2.3% |
| Bancorp Inc/The | 2.3% |
| Gildan Activewear Inc | 2.3% |
| Bank of Montreal | 2.3% |
| UL Solutions Inc | 2.3% |
| Meta Platforms Inc | 2.3% |
| Wesdome Gold Mines Ltd | 2.3% |
| Griffon Corp | 2.3% |
| George Weston Ltd | 2.3% |
| Valmont Industries Inc | 2.3% |
| Pegasystems Inc | 2.3% |
| Dundee Precious Metals Inc | 2.3% |
| Hamilton Insurance Group Ltd | 2.3% |
| F5 Inc | 2.3% |
| AutoZone Inc | 2.3% |
| Fortuna Mining Corp | 2.3% |
| US Foods Holding Corp | 2.3% |
| Adtalem Global Education Inc | 2.3% |
| Endeavour Mining PLC | 2.3% |
| Expedia Group Inc | 2.3% |
| Marex Group PLC | 2.3% |
| Check Point Software Technologies | 2.3% |
| InterDigital Inc | 2.2% |
| Paycom Software Inc | 2.2% |
| Booking Holdings Inc | 2.2% |
| Tenet Healthcare Corp | 2.2% |
| Progressive Corp/The | 2.2% |
| Huron Consulting Group Inc | 2.2% |
| NRG Energy Inc | 2.2% |
| Rubrik Inc | 2.2% |
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.
