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Accelerate Absolute Return Fund (HDGE : TSX)
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade D
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade E
Click for more information on Fundata’s ESG Grade.
|
Close (07-30-2026) |
$27.83 |
|---|---|
| Change |
$0.54
(1.98%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 10 |
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (May 03, 2019): 6.66%
| 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 | 5.69% | 0.55% | 2.10% | 2.10% | 5.81% | 4.83% | 9.67% | 9.75% | 13.48% | 10.51% | 6.85% | - | - | - |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 1.01% | 10.31% | 10.31% | 10.31% | 20.42% | 16.13% | 15.81% | 12.72% | 9.25% | 11.57% | 9.38% | - | - | - |
| Category Rank | 24 / 256 | 221 / 254 | 200 / 240 | 200 / 240 | 181 / 219 | 141 / 166 | 88 / 124 | 76 / 114 | 19 / 90 | 29 / 50 | 23 / 31 | - | - | - |
| Quartile Ranking | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 1 | 3 | 3 | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.29% | -0.43% | 4.21% | -2.55% | 4.55% | -1.69% | -1.41% | 5.76% | -2.62% | -0.66% | -4.23% | 5.69% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
10.45% (October 2022)
Worst Monthly Return Since Inception
-7.90% (November 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | -11.62% | 30.43% | 15.44% | 4.13% | 21.83% | 3.19% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | 4 | 1 | 1 | 4 | 2 | 4 |
| Category Rank | - | - | - | - | 37/ 37 | 8/ 81 | 8/ 103 | 91/ 118 | 52/ 139 | 167/ 190 |
Best Calendar Return (Last 10 years)
30.43% (2021)
Worst Calendar Return (Last 10 years)
-11.62% (2020)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 63.98 |
| Canadian Equity | 18.94 |
| International Equity | 17.08 |
Sector Allocation
| Name | Percent |
|---|---|
| Consumer Services | 22.85 |
| Energy | 21.16 |
| Technology | 18.20 |
| Financial Services | 16.03 |
| Industrial Goods | 9.15 |
| Other | 12.61 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 82.92 |
| Europe | 12.70 |
| Latin America | 7.93 |
| Africa and Middle East | -3.53 |
| Other | -0.02 |
Top Holdings
| Name | Percent |
|---|---|
| SanDisk Corp | 3.45 |
| Lam Research Corp | 3.31 |
| Western Digital Corp | 3.00 |
| Micron Technology Inc | 3.00 |
| Callaway Golf Co | 2.97 |
| Tactile Systems Technology Inc | 2.92 |
| Cardinal Health Inc | 2.88 |
| DaVita Inc | 2.87 |
| Expedia Group Inc | 2.80 |
| AZZ Inc | 2.79 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Accelerate Absolute Return Fund
Median
Other - Alternative Equity Focus
3 Yr Annualized
| Standard Deviation | 10.61% | 12.97% | - |
|---|---|---|---|
| Beta | 0.29% | 0.30% | - |
| Alpha | 0.03% | 0.09% | - |
| Rsquared | 0.09% | 0.08% | - |
| Sharpe | 0.59% | 0.82% | - |
| Sortino | 1.15% | 1.48% | - |
| Treynor | 0.22% | 0.36% | - |
| Tax Efficiency | 93.19% | 94.26% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.25% | 10.61% | 12.97% | - |
| Beta | 0.60% | 0.29% | 0.30% | - |
| Alpha | -0.11% | 0.03% | 0.09% | - |
| Rsquared | 0.27% | 0.09% | 0.08% | - |
| Sharpe | 0.33% | 0.59% | 0.82% | - |
| Sortino | 0.50% | 1.15% | 1.48% | - |
| Treynor | 0.07% | 0.22% | 0.36% | - |
| Tax Efficiency | 89.80% | 93.19% | 94.26% | - |
Fundata ESG Metrics
Fundata ESG Score
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.
Fundata E Score
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.
Fundata S Score
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.
Fundata G Score
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.
Fund Details
| 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) | $43 |
| 52 Week High | $28.78 |
| 52 Week Low | $25.59 |
| Annual Dividend | $0.40 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
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.
Investment Strategy
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 Management
| Portfolio Manager |
Accelerate Financial Technologies Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Accelerate Financial Technologies Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust |
| Registrar |
TMX Trust Company |
| Distributor |
- |
Fees
| MER | 0.35% |
|---|---|
| Management Fee | 0.00% |
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