The Accelerate Canadian Long Short Equity Fund (ATSX) aims to achieve substantial long-term wealth appreciation and provide enhanced risk-adjusted returns when compared to the broader Canadian stock market. Its fundamental goal is to outperform the Canadian equity market over an extended horizon. This is accomplished by primarily investing in a variety of Canadian and international companies whose securities are traded on Canadian exchanges, thus representing the expansive Canadian public equity landscape. A core element of its approach involves utilizing a long-short overlay portfolio, designed to achieve positive absolute returns. ATSX holds the option to employ derivatives to secure exposure to its long positions. Stringent limits are applied: the aggregate market value of shorted securities will not surpass 50% of ATSX's net asset value (NAV), and the cumulative maximum exposure stemming from cash borrowing, short selling, and specified derivatives is capped at 300% of its NAV.

Basic Materials

Energy

Industrials

Consumer Cyclical

Financial Services

Consumer Defensive

Communication Services

Technology

Cash & Others

Accelerate Canadian Long Short Equity Fund

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.

ATSX Stock Price, Chart, Stats & News

Dividend safety

ATSX chart

About

Similar securities