Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

PICTON Multi-Strategy Alpha Alternative Fund Class A

  • Premium Feature Only
Add to My Watchlist

Alternative Multi-Stratgy

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

NAVPS
(07-18-2025) 		$11.66
Change
$0.02 (0.14%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$10,000$11,000$12,000$9,000$13,000$10,500$11,500$12,500Period

Legend

PICTON Multi-Strategy Alpha Alternative Fund Class A

Compare Options

Fund Returns

Inception Return (May 03, 2022): 6.44%

Fund Returns
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 0.13% 1.42% 2.20% 2.20% 7.88% 8.64% 7.49% - - - - - - -
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 1.70% 1.38% 1.72% 1.72% 3.13% 5.09% 3.95% 1.86% 3.76% 3.03% - - - -
Category Rank 94 / 116 52 / 115 39 / 106 39 / 106 30 / 94 28 / 81 24 / 60 - - - - - - -
Quartile Ranking 4 2 2 2 2 2 2 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.01% 0.82% 0.88% 1.14% 0.84% 0.74% 0.31% 0.51% -0.05% 0.41% 0.87% 0.13%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

2.04% (January 2024)

Worst Monthly Return Since Inception

-1.48% (May 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 4.33% 12.39%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average - - - - - 4.04% 6.86% -5.49% 4.47% 5.04%
Quartile Ranking - - - - - - - - 3 1
Category Rank - - - - - - - - 41/ 75 19/ 88

Best Calendar Return (Last 10 years)

12.39% (2024)

Worst Calendar Return (Last 10 years)

4.33% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 33.25
Cash and Equivalents 20.06
Canadian Equity 16.43
Foreign Corporate Bonds 9.78
Income Trust Units 0.94
Other 19.54

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 36.30
Mutual Fund 25.31
Cash and Cash Equivalent 20.06
Financial Services 4.56
Technology 3.23
Other 10.54

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.97
Europe 0.65
Latin America 0.15
Multi-National 0.09
Africa and Middle East 0.08
Other 0.06

Top Holdings

Top Holdings
Name Percent
Picton Mahoney Fortified Arbitrage Plus Alter Fd A 25.18
CAD Currency 10.44
Canada Government 13-Aug-2025 2.29
Canada Government 18-Jun-2025 2.21
Canada Government 05-Nov-2025 1.63
Canada Government 08-Oct-2025 1.62
Royal Bank of Canada 1.53
Canada Government 10-Sep-2025 1.43
Shopify Inc Cl A 1.08
Prime Healthcare Services Inc 9.38% 01-Sep-2029 0.99

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: S. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return5101520253035404550-15%-10%-5%0%5%10%15%20%

PICTON Multi-Strategy Alpha Alternative Fund Class A

Median

Other - Alternative Multi-Stratgy

3 Yr Annualized

Standard Deviation 2.20% - -
Beta 0.04% - -
Alpha 0.07% - -
Rsquared 0.05% - -
Sharpe 1.49% - -
Sortino 4.01% - -
Treynor 0.82% - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 - -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 1.28% 2.20% - -
Beta 0.04% 0.04% - -
Alpha 0.07% 0.07% - -
Rsquared 0.13% 0.05% - -
Sharpe 3.32% 1.49% - -
Sortino 14.13% 4.01% - -
Treynor 0.98% 0.82% - -
Tax Efficiency 94.48% - - -

Fund Details

Start Date May 03, 2022
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,074

Fund Codes

FundServ Code Load Code Sales Status
PIC3350

Investment Objectives

The investment objective of the Fund is to provide consistent long-term capital appreciation to unitholders with an attractive risk-adjusted rate of return.

Investment Strategy

The strategy is expected to combine the firm’s best ideas by deploying the investment expertise of the firm’s investment teams including the equity, fixed income, arbitrage and quantitative teams. The low correlation among these components to equity markets will aim to enhance risk-adjusted returns. The investment strategy of the Fund is global in nature and will have exposure to international markets, including emerging markets.

Portfolio Management

Portfolio Manager

Picton Mahoney Asset Management
Sub-Advisor

-

Management and Organization

Fund Manager

Picton Mahoney Asset Management
Custodian

RBC Investor Services Trust
Registrar

RBC Investor Services Trust (Canada)
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 5.00%
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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info