Join Fund Library now and get free access to personalized features to help you manage your investments.

Picton Mahoney Fortified Alpha Alternative Fund Class A

Alternative Multi-Stratgy

NAVPS
(04-18-2024)
$10.70
Change
$0.01 (0.06%)

As at March 31, 2024

As at February 29, 2024

Period
Loading...

Legend

Picton Mahoney Fortified Alpha Alternative Fund Class A

Compare Options


Fund Returns

Inception Return (May 03, 2022): 5.19%

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 0.87% 3.87% 4.24% 3.87% 7.78% - - - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 1.90% 7.18% 7.18% 3.51% 6.95% 2.27% 2.40% 5.31% - - - - - -
Category Rank 75 / 105 48 / 103 67 / 100 48 / 103 39 / 91 - - - - - - - - -
Quartile Ranking 3 2 3 2 2 - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.01% -0.12% 0.10% -0.12% 1.14% 1.36% -1.18% 1.24% 0.31% 2.04% 0.91% 0.87%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

2.04% (January 2024)

Worst Monthly Return Since Inception

-1.48% (May 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 4.33%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - 4.04% 6.86% -5.49% 4.47%
Quartile Ranking - - - - - - - - - 2
Category Rank - - - - - - - - - 41/ 91

Best Calendar Return (Last 10 years)

4.33% (2023)

Worst Calendar Return (Last 10 years)

4.33% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 27.53
Canadian Equity 23.54
Cash and Equivalents 21.13
Foreign Corporate Bonds 2.41
Income Trust Units 1.78
Other 23.61

Sector Allocation

Sector Allocation
Name Percent
Mutual Fund 32.48
Fixed Income 29.21
Cash and Cash Equivalent 21.16
Financial Services 6.79
Energy 3.82
Other 6.54

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.36
Multi-National 0.08
Latin America 0.06
Europe -0.04
Asia -0.17
Other -0.29

Top Holdings

Top Holdings
Name Percent
Picton Mahoney Fortified Arbitrage Plus Alter Fd A 32.35
CAD Currency 11.57
Sun Life Financial Inc 1.97
Element Fleet Management Corp 1.92
Permian Resources Operatng LLC 8.00% 15-Apr-2024 1.80
Royal Bank of Canada 4.50% 24-Oct-2025 1.66
Bank of Montreal 1.63
Canadian Pacific Kansas City Ltd 1.62
Royal Bank of Canada 7.41% 31-Dec-2049 1.61
Prime Healthcare Services Inc 7.25% 01-Feb-2024 1.59

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Average Duration: S. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

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 Annual
Assets ($mil) $395

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 Manager(s)

Name Start Date
Picton Mahoney Asset Management 04-29-2022

Management and Organization

Fund Manager Picton Mahoney Asset Management
Advisor Picton Mahoney Asset Management
Custodian RBC Investor Services Trust
Registrar RBC Investor Services Trust (Canada)
Distributor -
Auditor PricewaterhouseCoopers LLP

Investment Minimums

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

Fees

MER -
Management Fee 1.95%
Load Front 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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.