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Alternative Equity Focus
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|
NAVPS (11-19-2024) |
$21.03 |
|---|---|
| Change |
$0.10
(0.46%)
|
As at October 31, 2024
As at September 30, 2024
As at July 31, 2024
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Inception Return (September 27, 2018): 12.61%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.26% | 6.27% | 14.24% | 23.81% | 36.48% | 17.54% | 7.98% | 16.43% | 14.28% | 14.12% | - | - | - | - |
| Benchmark | 0.85% | 5.30% | 12.95% | 18.24% | 32.06% | 15.16% | 8.05% | 15.02% | 11.33% | 11.65% | 9.36% | 9.62% | 9.96% | 8.41% |
| Category Average | 0.53% | 2.54% | 7.82% | 15.42% | 23.82% | 9.82% | 5.63% | 10.04% | 7.83% | - | - | - | - | - |
| Category Rank | 71 / 210 | 35 / 205 | 40 / 190 | 25 / 166 | 35 / 165 | 41 / 145 | 43 / 122 | 21 / 95 | 9 / 60 | 2 / 39 | - | - | - | - |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.89% | 3.13% | 2.80% | 3.02% | 3.74% | -1.36% | 2.99% | -0.25% | 4.64% | 1.90% | 2.99% | 1.26% |
| Benchmark | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% |
13.44% (April 2020)
-20.38% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 23.70% | 20.98% | 24.53% | -7.33% | 9.86% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% |
| Quartile Ranking | - | - | - | - | - | 1 | 2 | 1 | 3 | 2 |
| Category Rank | - | - | - | - | - | 4/ 42 | 16/ 60 | 23/ 97 | 78/ 123 | 65/ 150 |
24.53% (2021)
-7.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 80.69 |
| US Equity | 12.59 |
| Income Trust Units | 3.40 |
| International Equity | 2.83 |
| Cash and Equivalents | 0.87 |
| Other | -0.38 |
| Name | Percent |
|---|---|
| Financial Services | 29.18 |
| Energy | 13.00 |
| Technology | 11.97 |
| Basic Materials | 11.84 |
| Industrial Services | 8.51 |
| Other | 25.50 |
| Name | Percent |
|---|---|
| North America | 96.05 |
| Europe | 1.87 |
| Latin America | 1.20 |
| Asia | 0.56 |
| Africa and Middle East | 0.40 |
| Other | -0.08 |
| Name | Percent |
|---|---|
| Royal Bank of Canada | 7.67 |
| CAD Currency | 5.63 |
| Toronto-Dominion Bank | 5.48 |
| Canadian Pacific Kansas City Ltd | 4.66 |
| Canadian Imperial Bank of Commerce | 2.98 |
| Shopify Inc Cl A | 2.85 |
| Enbridge Inc | 2.59 |
| Manulife Financial Corp | 2.54 |
| Waste Connections Inc | 2.52 |
| Element Fleet Management Corp | 2.51 |
Picton Mahoney Fortified Active Extension Alternative Fund Class A
Median
Other - Alternative Equity Focus
| Standard Deviation | 13.12% | 17.63% | - |
|---|---|---|---|
| Beta | 0.94% | 1.08% | - |
| Alpha | 0.00% | 0.02% | - |
| Rsquared | 0.92% | 0.93% | - |
| Sharpe | 0.39% | 0.72% | - |
| Sortino | 0.63% | 1.00% | - |
| Treynor | 0.05% | 0.12% | - |
| Tax Efficiency | 98.14% | 98.81% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.44% | 13.12% | 17.63% | - |
| Beta | 0.74% | 0.94% | 1.08% | - |
| Alpha | 0.11% | 0.00% | 0.02% | - |
| Rsquared | 0.90% | 0.92% | 0.93% | - |
| Sharpe | 3.65% | 0.39% | 0.72% | - |
| Sortino | 17.09% | 0.63% | 1.00% | - |
| Treynor | 0.37% | 0.05% | 0.12% | - |
| Tax Efficiency | 99.18% | 98.14% | 98.81% | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | September 27, 2018 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $162 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC3000 |
The investment objective of the Picton Mahoney Fortified Extension Alternative Fund (the “Fund”) is to provide long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return with similar volatility to the traditional equity market by taking long and short investment positions in an actively-managed portfolio comprised primarily of Canadian equity securities.
To achieve the investment objective, the Fund invests in an actively managed long portfolio composed primarily of securities of companies identified as attractive investment candidates by the Portfolio Advisor's investment process. The Fund will engage in short selling in a manner which is consistent with the investment objectives of the Fund and as permitted by securities regulations.
| Name | Start Date |
|---|---|
| Picton Mahoney Asset Management | 09-27-2018 |
| Fund Manager | Picton Mahoney Asset Management |
|---|---|
| Advisor | Picton Mahoney Asset Management |
| Custodian | RBC Investor & Treasury Services |
| Registrar | RBC Investor & Treasury Services |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.98% |
|---|---|
| Management Fee | 1.95% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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