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About Accelerate Diversified Credit Income Fund Trust Unit
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Inception date
May 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Accelerate Financial Technologies, Inc.
ISIN
CA00436Y1097
The actively managed fund aims for income by taking long positions to North American securities that contain direct loans to private corporations, collateralized loans and mortgages, and other debt instruments. For CLO investments, the fund prioritizes BDCs and closed-end funds that hold floating-rate loans. The fund expects to have near-full exposure to long positions in the debt securities of private entities listed on Canadian or US exchanges or marketplaces. The fund may also hold other additional securities or funds, such as private credit secondary funds, broadly syndicated loans, or direct loans to corporations. Security selection of the long portfolio takes into account market value, liquidity, NAV discount/premium, yield, structure, and the issuers strategy of covering underwriting policies, capabilities and historical outcomes. The fund may lend securities of up to 20% of the funds NAV.
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Classification
What's in the fund
Exposure type
Miscellaneous
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
INCM.U trades at 12.08 USD today, its price has fallen −0.66% in the past 24 hours. Track more dynamics on INCM.U price chart.
INCM.U net asset value is 12.08 today — it's fallen 1.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
INCM.U assets under management is 64.77 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
INCM.U price has fallen by −3.43% over the last month, and its yearly performance shows a −11.05% decrease. See more dynamics on INCM.U price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.03% over the last month, showed a −1.56% decrease in three-month performance and has decreased by −6.74% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.03% over the last month, showed a −1.56% decrease in three-month performance and has decreased by −6.74% in a year.
INCM.U fund flows account for 79.12 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
INCM.U invests in stocks. See more details in our Analysis section.
INCM.U expense ratio is 1.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, INCM.U isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, INCM.U technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating INCM.U shows the strong sell signal. See more of INCM.U technicals for a more comprehensive analysis.
Today, INCM.U technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating INCM.U shows the strong sell signal. See more of INCM.U technicals for a more comprehensive analysis.
Yes, INCM.U pays dividends to its holders with the dividend yield of 11.95%.
INCM.U trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
INCM.U shares are issued by Accelerate Financial Technologies, Inc.
INCM.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.