Accelerate Declares Quarterly Distributions, 17.6% ARB Distribution Increase
CALGARY, AB, Dec. 15, 2021 /CNW/ - 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:
Distribution per Unit ($)
Accelerate Absolute Return Hedge Fund
Accelerate Enhanced Canadian Benchmark Alternative Fund
Accelerate OneChoice Alternative Portfolio ETF
Accelerate Arbitrage Fund
Accelerate Carbon-Negative Bitcoin ETF
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.
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.
SOURCE Accelerate Financial Technologies Inc.