Search results will open in a new window on

Exchange Bulletin

Accelerate Enhanced Canadian Benchmark Alternative Fund (ATSX) To Trade On Toronto Stock Exchange

May 8, 2019

Issuer: Accelerate Enhanced Canadian Benchmark Alternative Fund 

Security Symbol Issued and Outstanding Securities Reserved Securities Issue Price
Units (the "Units") ATSX 50,000 None $20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: May 9, 2019 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: May 10, 2019
Posted for trading date: May 10, 2019 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: RBC Dominion Securities Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Julian Klymochko Tel: 403-801-2445 
Incorporation: Exchange-traded alternative mutual fund established as a trust under the laws of the Province of Ontario pursuant to a master declaration of trust dated March 22, 2019.
Manager and Trustee: Accelerate Financial Technologies Inc.
Fiscal year end: December 31
Nature of business: The Fund seeks to achieve long-term capital appreciation and a superior risk-adjusted return relative to the broader Canadian equity market. The Fund seeks to outperform the Canadian equity market over the long term by investing primarily in Canadian and foreign issuers listed on an exchange or marketplace in Canada that represent the broad Canadian listed equity market, and using a long-short overlay portfolio to seek to add positive absolute return. The Fund may use derivatives to gain exposure to its long portfolio.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions Income distributions, if any on Units of the Fund will be paid in cash and are expected to be paid quarterly.
Sponsorship: Not applicable
Offering document: Prospectus dated March 22, 2019 which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 50,000 Units will be issued at a subscription price of $20.00 per Unit. The Fund is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the Units' proportionate share of assets of the Fund. Units of the Fund are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
TSX contact: Chris Birkett, Director, Toronto Stock Exchange.