Key stats
About Accelerate OneChoice Alternative Multi-Asset Fund Trust Units
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Inception date
Jan 27, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Accelerate Financial Technologies, Inc.
ISIN
CA00440A1057
The fund seeks long-term appreciation and a risk-adjusted return relative to a Canadian hedge fund index through a long alternative asset allocation investment strategy. The strategy provides long exposure to alternative funds that are listed on an exchange or marketplace in Canada. It does so through its opaque security selection process that applies a proprietary asset allocation model to the North American alternative fund market and selects the long portfolio to attain its target standard deviation of 6-12%. In addition, ONEC may invest directly in equities, derivatives, and other securities in the alternative markets. It also offers long exposure to (1) third-party funds, (2) ARB, HDGE and ATSX that are currently managed by ONECs issuer: Accelerate, and (3) future funds from the same issuer, if and when formed. The fund is actively managed, aiming to outperform the Scotiabank Canadian Hedge Fund Index Equal Weighted over the long term.
Related funds
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.00%
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.
ONEC trades at 25.32 CAD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on ONEC price chart.
ONEC net asset value is 25.28 today — it's risen 2.35% 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.
ONEC assets under management is 19.23 M CAD. 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.
ONEC price has risen by 1.73% over the last month, and its yearly performance shows a 9.99% increase. See more dynamics on ONEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 6.05% increase in three-month performance and has increased by 12.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 6.05% increase in three-month performance and has increased by 12.16% in a year.
ONEC fund flows account for 528.40 K CAD (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.
ONEC invests in funds. See more details in our Analysis section.
ONEC expense ratio is 2.54%. 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, ONEC 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, ONEC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ONEC shows the buy signal. See more of ONEC technicals for a more comprehensive analysis.
Today, ONEC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ONEC shows the buy signal. See more of ONEC technicals for a more comprehensive analysis.
Yes, ONEC pays dividends to its holders with the dividend yield of 1.58%.
ONEC trades at a premium (0.17%).
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.
ONEC shares are issued by Accelerate Financial Technologies, Inc.
ONEC 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 Jan 27, 2021.
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.