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Alternative Equity Focus
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Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
Close (02-24-2025) |
$26.64 |
|---|---|
| Change |
$0.10
(0.38%)
|
| Open | $26.67 |
|---|---|
| Day Range | $26.64 - $26.67 |
| Volume | 1,708 |
As at January 31, 2025
As at January 31, 2025
As at December 31, 2024
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Inception Return (May 03, 2019): 7.51%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.45% | 1.86% | 4.45% | 2.45% | 15.10% | 15.83% | 12.49% | 17.33% | 12.04% | - | - | - | - | - |
| Benchmark | 3.48% | 6.47% | 12.11% | 3.48% | 25.19% | 14.44% | 9.97% | 13.55% | 11.45% | 12.03% | 10.30% | 9.84% | 11.29% | 8.96% |
| Category Average | 2.32% | 5.98% | 5.98% | 2.32% | 15.39% | 11.23% | 6.67% | 8.66% | 8.07% | - | - | - | - | - |
| Category Rank | 120 / 239 | 126 / 228 | 125 / 210 | 120 / 239 | 104 / 184 | 63 / 156 | 36 / 129 | 7 / 101 | 16 / 56 | - | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | 2 | - | - | - | - | - |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.54% | 2.14% | -1.35% | 1.42% | -0.33% | 1.55% | 1.70% | -0.56% | 1.39% | 3.99% | -4.40% | 2.45% |
| Benchmark | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% | -3.27% | 3.48% |
10.45% (October 2022)
-7.90% (November 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | -11.62% | 29.66% | 15.44% | 4.13% | 20.46% |
| Benchmark | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% |
| Category Average | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% |
| Quartile Ranking | - | - | - | - | - | 4 | 1 | 1 | 3 | 2 |
| Category Rank | - | - | - | - | - | 55/ 55 | 12/ 101 | 8/ 127 | 111/ 153 | 65/ 173 |
29.66% (2021)
-11.62% (2020)
| Name | Percent |
|---|---|
| US Equity | 63.15 |
| Canadian Equity | 33.11 |
| International Equity | 3.74 |
| Name | Percent |
|---|---|
| Consumer Services | 25.84 |
| Consumer Goods | 13.41 |
| Financial Services | 11.15 |
| Industrial Goods | 10.39 |
| Technology | 10.09 |
| Other | 29.12 |
| Name | Percent |
|---|---|
| North America | 96.26 |
| Europe | 3.74 |
| Name | Percent |
|---|---|
| Stride Inc | 4.16 |
| Celestica Inc | 4.15 |
| Doximity Inc Cl A | 4.01 |
| Applovin Corp Cl A | 3.96 |
| Virtu Financial Inc Cl A | 3.95 |
| F5 Networks Inc | 3.93 |
| CompoSecure Inc Cl A | 3.90 |
| Sprouts Farmers Market Inc | 3.86 |
| Live Nation Entertainment Inc | 3.84 |
| Meta Platforms Inc Cl A | 3.82 |
Accelerate Absolute Return Fund
Median
Other - Alternative Equity Focus
| Standard Deviation | 13.56% | 14.19% | - |
|---|---|---|---|
| Beta | 0.30% | 0.15% | - |
| Alpha | 0.10% | 0.11% | - |
| Rsquared | 0.10% | 0.03% | - |
| Sharpe | 0.66% | 0.71% | - |
| Sortino | 1.22% | 1.08% | - |
| Treynor | 0.30% | 0.68% | - |
| Tax Efficiency | 95.73% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.49% | 13.56% | 14.19% | - |
| Beta | 0.59% | 0.30% | 0.15% | - |
| Alpha | 0.01% | 0.10% | 0.11% | - |
| Rsquared | 0.42% | 0.10% | 0.03% | - |
| Sharpe | 1.09% | 0.66% | 0.71% | - |
| Sortino | 2.30% | 1.22% | 1.08% | - |
| Treynor | 0.17% | 0.30% | 0.68% | - |
| Tax Efficiency | 98.92% | 95.73% | - | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | May 03, 2019 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $44 |
| 52 Week High | $28.69 |
| 52 Week Low | $24.94 |
| Annual Dividend | $0.30 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Accelerate Absolute Return Hedge Fund seeks to achieve long-term capital appreciation and a superior risk-adjusted return relative to the broader Canadian equity market. HDGE seeks to outperform the Canadian equity market over the long term with lower volatility by investing primarily in listed equity securities that are expected to outperform this market, while selling short certain listed equity securities that are expected to underperform this market.
In order to achieve its investment objective, HDGE engages in a systematic, long-short equity investment strategy by investing primarily in long and short positions of equity securities that are listed on an exchange or marketplace in Canada or the U.S. Security selection of the long and short portfolios is driven by an integrated multi-factor approach, consistent with empirical data and financial theory, based on factors that include value, quality, price momentum, operational momentum and tren
| Portfolio Manager |
Accelerate Financial Technologies Inc.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Accelerate Financial Technologies Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust |
| Registrar |
TMX Trust Company |
| Distributor |
- |
| MER | 0.35% |
|---|---|
| Management Fee | 0.00% |
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