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Accelerate Announces C$0.13 Monthly Payment for Hedged Credit Fund

The fund named Oct. 30 as its record and ex-dividend date, with payments beginning no earlier than Nov. 9.

Updated 1 min read
Pedestrians pass the Toronto Stock Exchange in Toronto, Ontario, on an overcast autumn morning. (AI-generated image / EconoTimes)
Pedestrians pass the Toronto Stock Exchange in Toronto, Ontario, on an overcast autumn morning. (AI-generated image / EconoTimes)

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Accelerate Financial Technologies announced a C$0.13 monthly payment per unit for its hedged credit-income fund, with Oct. 30 set as the record and ex-dividend date.

The payment applies to Accelerate Diversified Credit Income Fund – Hedged ETF, whose TSX ticker is INCM.B, the Canadian-dollar-hedged series. Investors listed as holders on that date are eligible. The fund said payment would begin no earlier than Nov. 9.

Its strategy centers on private credit and direct lending, with exposure through listed holdings that invest in floating-rate loans.

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