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Alternative Equity Focus
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Click for more information on Fundata’s ESG Grade
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|
NAVPS (05-17-2024) |
$16.34 |
|---|---|
| Change |
$0.07
(0.46%)
|
As at April 30, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (July 08, 2020): 13.35%
| 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 | -0.11% | 3.42% | 11.16% | 5.93% | 8.40% | 6.64% | 6.48% | - | - | - | - | - | - | - |
| Benchmark | -1.82% | 4.10% | 16.91% | 4.68% | 8.73% | 5.66% | 7.59% | 13.51% | 8.86% | 8.98% | 8.12% | 8.95% | 7.25% | 7.22% |
| Category Average | -1.22% | 14.76% | 14.76% | 6.98% | 12.25% | 5.95% | 4.33% | 9.26% | 5.97% | - | - | - | - | - |
| Category Rank | 58 / 190 | 95 / 178 | 93 / 164 | 71 / 164 | 81 / 153 | 63 / 131 | 38 / 101 | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 3 | 3 | 2 | 3 | 2 | 2 | - | - | - | - | - | - | - |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.87% | 1.90% | 0.48% | 0.21% | -1.27% | -2.89% | 3.50% | 1.39% | 2.42% | 1.77% | 1.74% | -0.11% |
| Benchmark | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% |
8.98% (November 2020)
-5.14% (June 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 17.23% | -0.33% | 6.03% |
| 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 | - | - | - | - | - | - | - | 2 | 2 | 3 |
| Category Rank | - | - | - | - | - | - | - | 42/ 95 | 34/ 120 | 85/ 147 |
17.23% (2021)
-0.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 57.22 |
| Cash and Equivalents | 41.05 |
| Income Trust Units | 2.79 |
| Canadian Corporate Bonds | 1.57 |
| International Equity | 0.40 |
| Other | -3.03 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 41.05 |
| Financial Services | 22.08 |
| Technology | 11.82 |
| Energy | 9.24 |
| Basic Materials | 8.77 |
| Other | 7.04 |
| Name | Percent |
|---|---|
| North America | 99.07 |
| Latin America | 0.63 |
| Europe | 0.40 |
| Multi-National | 0.10 |
| Asia | -0.05 |
| Other | -0.15 |
| Name | Percent |
|---|---|
| CAD Currency | 22.09 |
| Canada Government 0.00% 01-Aug-2024 | 6.29 |
| Canada, Government of % 09-May-2024 | 6.29 |
| Royal Bank of Canada | 6.04 |
| USD Currency | 5.91 |
| Canadian Pacific Kansas City Ltd | 4.54 |
| Bank of Montreal | 3.53 |
| Sun Life Financial Inc | 2.99 |
| iShares Russell 2000 Value ETF (IWN) | 2.78 |
| Canadian Natural Resources Ltd | 2.72 |
Picton Mahoney Fortified Long Short Alternative Fund Class A
Median
Other - Alternative Equity Focus
| Standard Deviation | 7.90% | - | - |
|---|---|---|---|
| Beta | 0.53% | - | - |
| Alpha | 0.02% | - | - |
| Rsquared | 0.79% | - | - |
| Sharpe | 0.49% | - | - |
| Sortino | 0.68% | - | - |
| Treynor | 0.07% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.19% | 7.90% | - | - |
| Beta | 0.41% | 0.53% | - | - |
| Alpha | 0.05% | 0.02% | - | - |
| Rsquared | 0.72% | 0.79% | - | - |
| Sharpe | 0.56% | 0.49% | - | - |
| Sortino | 1.43% | 0.68% | - | - |
| Treynor | 0.09% | 0.07% | - | - |
| Tax Efficiency | 95.30% | - | - | - |
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 | July 08, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $521 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC3200 |
The investment objective of the Picton Mahoney Fortified Long Short Alternative Fund (the “Fund”) is to provide consistent long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return by actively investing in a portfolio comprised of long and short equity securities.
To achieve the investment objective, the Fund invests in an actively managed long portfolio comprised primarily of equity securities identified as attractive investment candidates by the Portfolio Advisor’s investment process. Consistent with the investment objectives of the Fund, up to 100% of the aggregate market value of the Fund may be sold short, as permitted by securities regulations.
| Name | Start Date |
|---|---|
| Picton Mahoney Asset Management | 04-20-2022 |
| Fund Manager | Picton Mahoney Asset Management |
|---|---|
| Advisor | Picton Mahoney Asset Management |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Investor Services Trust (Canada) |
| 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 | 2.82% |
|---|---|
| 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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