December 15, 2020 -Accelerate Financial Technologies Inc., (“Accelerate”) today announced the December 2020, 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, 2020, for all unitholders of record of the Accelerate Funds on December 31, 2020. Unitholders will receive cash distributions payable on January 8, 2021.
Details of the per unit distribution amounts are as follows:
|Accelerate Funds||Distribution per Unit ($)||TSX Ticker||Distribution Yield||Payment Frequency|
|Accelerate Absolute Return Hedge Fund||0.10||HDGE||2.61%||Quarterly|
|Accelerate Enhanced Canadian Benchmark Alternative Fund||0.10||ATSX||1.95%||Quarterly|
|Accelerate Arbitrage Fund||0.17||ARB||2.76%||Quarterly|
|Accelerate Private Equity Alpha Fund||N/A||ALFA||N/A||None|
The $0.17 per unit quarterly distribution for the Accelerate Arbitrage Fund (TSX: ARB) represents a 13.3% increase in quarterly distribution.
To learn more about the Accelerate Funds, 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 is leading innovation in financial services as the pioneer of institutional-caliber hedge fund and private equity ETFs for investors seeking long-term performance. Accelerate was established by a team with a track record of successfully managing award-winning hedge funds and is disrupting the asset management industry by offering performance-oriented alternative investment strategies previously reserved for wealthy investors at a fee significantly lower than competitors.
For Additional Information:
For investor inquiries: Contact Accelerate at 1-855-892-0740 (toll-free), email@example.com; For media inquiries: Contact Michael Lee Hing, COO, Accelerate, (403) 975-5294, firstname.lastname@example.org.