Key stats
About ACCELERATE CDN LONG SHORT EQUITY FD TR UNIT
Expense ratio
5.21%
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Inception date
May 10, 2019
The fund seeks long-term capital appreciation and outperform the broader Canadian equity market by investing primarily in Canadian equities and using a long/short overlay portfolio which aims to add positive absolute return. The long/short equity overlay portfolio holds up to 50% short position, and uses the cash generated from its short positions for an additional 50% long position. As a result, ATSXs long portfolio may have up to 150% exposure. Securities of the long and short portfolio are selected by applying a proprietary multifactor model to the Canadian equity market. Equities generated by this model that are in the top 10% are selected for the long portfolio, and the bottom 10% for the short portfolio, based on factors including value, quality, price momentum, operational momentum and trend. ATSX is an actively managed fund.
Classification
What's in the fund
Exposure type
Cash
Stocks51.57%
Energy Minerals8.55%
Retail Trade6.78%
Non-Energy Minerals4.54%
Finance3.08%
Distribution Services3.05%
Transportation2.14%
Consumer Services1.55%
Producer Manufacturing1.44%
Electronic Technology0.79%
Technology Services0.77%
Consumer Non-Durables0.76%
Commercial Services0.75%
Process Industries0.72%
Bonds, Cash & Other48.43%
Cash94.70%
Mutual fund1.41%
Miscellaneous−47.68%