HDGE Stock Fund Price and Chart — TSX:HDGE

Overview

Analysis Holdings Discussions Technicals Seasonals

HDGE chart

Key stats

About ACCELERATE ABSOLUTE RETURN FUND TR UNIT (CAD)

The fund seeks long-term capital appreciation and outperform the Canadian equity market through a strategy that offers long and short exposure to the Canadian and US equities. The strategy involves long position to equities that are expected to outperform the market, while selling short those that are expected to underperform. HDGE uses the cash generated from its short positions for an additional long position. As a result, long portfolio may have up to 110% exposure and short portfolio up to 50% exposure, resulting in a net long equity exposure of 60%. Securities of the long and short portfolio are selected by applying a proprietary multifactor model to the Canadian and US 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.

Classification

HDGE analysis

What's in the fund

Exposure type

Technology Services

Finance

Non-Energy Minerals

Consumer Services

Stocks173.50%

Technology Services16.24%

Finance12.53%

Non-Energy Minerals11.29%

Consumer Services10.30%

Consumer Non-Durables8.22%

Retail Trade6.49%

Distribution Services6.24%

Producer Manufacturing5.97%

Energy Minerals5.93%

Health Technology4.02%

Commercial Services3.90%

Utilities2.38%

Electronic Technology2.30%

Health Services2.26%

Transportation1.92%

Bonds, Cash & Other−73.50%

Miscellaneous−73.50%

Top 10 holdings

Technicals

Summarizing what the indicators are suggesting.

Oscillators

Neutral

SellBuy

Strong sellStrong buy