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Alternative Market Neutrl
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|
NAVPS (10-31-2024) |
$12.94 |
|---|---|
| Change | - |
As at October 31, 2024
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Inception Return (February 28, 2017): 8.29%
| 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 | 0.19% | 0.70% | 2.03% | 3.24% | 4.34% | 3.18% | 2.38% | 9.15% | 10.28% | 9.22% | 8.30% | - | - | - |
| 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 | 1.20% | 2.07% | 4.22% | 8.11% | 9.19% | 6.74% | 3.56% | 1.81% | 0.07% | - | - | - | - | - |
| Category Rank | 14 / 19 | 13 / 19 | 12 / 19 | 14 / 19 | 12 / 19 | 13 / 19 | 14 / 19 | 4 / 19 | 2 / 19 | 2 / 19 | 2 / 18 | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.39% | 0.67% | 0.43% | 0.39% | 0.46% | -0.11% | 0.60% | 0.11% | 0.60% | 0.20% | 0.31% | 0.19% |
| 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% |
11.21% (December 2020)
-5.62% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 5.82% | 5.43% | 36.62% | 9.66% | 0.73% | 2.75% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% |
| Quartile Ranking | - | - | - | - | 1 | 2 | 1 | 2 | 3 | 3 |
| Category Rank | - | - | - | - | 2/ 18 | 8/ 19 | 2/ 19 | 5/ 19 | 12/ 19 | 12/ 19 |
36.62% (2020)
0.73% (2022)
Picton Mahoney Arbitrage Plus Fund Class A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 2.19% | 9.28% | - |
|---|---|---|---|
| Beta | 0.06% | 0.23% | - |
| Alpha | 0.02% | 0.08% | - |
| Rsquared | 0.15% | 0.15% | - |
| Sharpe | -0.49% | 0.86% | - |
| Sortino | -0.36% | 1.85% | - |
| Treynor | -0.17% | 0.35% | - |
| Tax Efficiency | 38.03% | 80.73% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.79% | 2.19% | 9.28% | - |
| Beta | 0.06% | 0.06% | 0.23% | - |
| Alpha | 0.03% | 0.02% | 0.08% | - |
| Rsquared | 0.51% | 0.15% | 0.15% | - |
| Sharpe | -0.47% | -0.49% | 0.86% | - |
| Sortino | 3.23% | -0.36% | 1.85% | - |
| Treynor | -0.06% | -0.17% | 0.35% | - |
| Tax Efficiency | 100.00% | 38.03% | 80.73% | - |
| Start Date | February 28, 2017 |
|---|---|
| Instrument Type | Exempt Product (Hedge Fund) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $140 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC1900 |
The Fund was formed on February 27, 2017 for the purpose of investing in securities in Canada, the United States and in other foreign jurisdictions. The principal investment objective of the Fund is to generate consistent, positive returns, with low volatility and low correlation to equity markets.
The Fund utilizes leverage to enhance returns and intends to gain 200% exposure to the Picton Mahoney Arbitrage Fund, net of borrowing and/or dealer costs. The underlying fund primarily employs arbitrage strategies, which are specialized investment techniques designed to profit from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations.
| Name | Start Date |
|---|---|
| Craig Chilton | 11-26-2020 |
| Tom Savage | 11-26-2020 |
| Fund Manager | Picton Mahoney Asset Management |
|---|---|
| Advisor | Picton Mahoney Asset Management |
| Custodian | CIBC Mellon Trust Company |
| Registrar | - |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
| MER | 4.14% |
|---|---|
| Management Fee | 2.00% |
| Load | Back Fee Only |
| FE Max | 2.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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