December 15, 2021 – Accelerate Financial Technologies Inc., (“Accelerate”) today announced the December 2021, 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, 2021, for all unitholders of record of the Accelerate Funds on December 31, 2021. Unitholders will receive cash distributions payable on January 10, 2022.
Details of the per unit distribution amounts are as follows:
|Accelerate Funds||TSX Ticker||Distribution per Unit ($)||Distribution Yield||Payment Frequency|
|Accelerate Absolute Return Hedge Fund||HDGE||0.10||2.13%||Quarterly|
|Accelerate Enhanced Canadian Benchmark Alternative Fund||ATSX||0.42||6.83%||Quarterly|
|Accelerate OneChoice Alternative Portfolio ETF||ONEC||0.10||1.81%||Quarterly|
|Accelerate Arbitrage Fund||ARB||0.20||2.95%||Quarterly|
|Accelerate Carbon-Negative Bitcoin ETF||ABTC||—||N/A||None|
The $0.20 per unit quarterly distribution for the Accelerate Arbitrage Fund (TSX: ARB) represents a 17.6% increase in quarterly distribution.
“After a 13.3% distribution increase in 2020, we are pleased to reward Accelerate Arbitrage Fund investors with a 17.6% distribution increase in 2021,” said Julian Klymochko, Founder and CEO of Accelerate.
About Accelerate Financial Technologies Inc.
Accelerate is one of Canada’s most innovative and fastest growing alternative investment solution providers, with a suite of institutional-caliber alternative ETFs for investors seeking diversification and long-term performance.
Accelerate is empowering investors. Find out more at www.AccelerateShares.com
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to ABTC or Accelerate. The forward-looking statements are not historical facts but reflect Accelerate’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Accelerate believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Accelerate undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors that affect this information, except as required by law.
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