Calgary-based Accelerate Financial Technologies Inc. plans to launch an alternative investment portfolio ETF.
The Accelerate OneChoice Alternative Portfolio ETF will offer investors a diversified portfolio of alternative asset classes, including private credit, real assets, alternative currencies and alternative equity.
The fund, which will have a management fee of 0.20%, will also give investors exposure to absolute return and global macro investment strategies.
The OneChoice ETF be managed by Julian Klymochko, founder and CEO of Accelerate, who has more than 10 years of experience managing alternative strategies.
“In 2020, we have seen bond yields hit all-time lows and equity volatility hit an all-time high,” Klymochko said in a release. “With this backdrop, many investors are searching for uncorrelated returns outside of the traditional portfolio of stocks and bonds.”
The Toronto Stock Exchange (TSX) has conditionally approved the listing of the OneChoice ETF, which is subject to Accelerate fulfilling all TSX requirements on or before Jan. 14, 2021.