Key stats
About ACCELERATE ONECHOICE ALTER PORT ETF TR UNIT
Expense ratio
2.54%
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Inception date
Jan 27, 2021
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.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.22%
Cash0.78%