September 14, 2021 – Accelerate Financial Technologies Inc., (“Accelerate”) today announced the September 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 September 28, 2021, for all unitholders of record of the Accelerate Funds on September 29, 2021. Unitholders will receive cash distributions payable on October 7, 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 | 2.39% | Quarterly |
| Accelerate Enhanced Canadian Benchmark Alternative Fund |
0.42 | ATSX | 7.04% | Quarterly |
| Accelerate Arbitrage Fund | 0.17 | ARB | 2.54% | Quarterly |
| Accelerate OneChoice Alternative Portfolio ETF |
0.10 | ONEC | 1.85% | Quarterly |
The $0.42 per unit quarterly distribution for the Accelerate Enhanced Canadian Benchmark Alternative Fund (TSX: ATSX) represents a 7.04% yield and a 4.20x increase in quarterly distribution.
“The current low interest rate environment has made yield generation one of the biggest challenges for investors,” said Julian Klymochko, Founder and CEO of Accelerate. “Our investors asked for yield, and we listened. We believe that ATSX’s since inception return of 8.9% annualized can support a high distribution yield for investors and given its strong near-term and long-term performance, we have decided to reward ATSX investors with a significant distribution increase to a 7% yield.”
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 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
For further information: For investor inquiries: Contact Accelerate at 1-855-892-0740 (toll-free), info@accelerateshares.com; For media inquiries: Contact Michael Lee Hing, COO, Accelerate, (403) 975-5294, mleehing@acceleratefintech.com
