(As of 1/31/2026)

PICTON Market Neutral Equity Alternative Fund Cl A

(Alternative Market Neutral)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2024
2023
2022



Inception Return
(9/27/2018)
6.75 %
YTD Return -0.22 %
NAVPS
(2/19/2026)
$15.65
Change $0.01 / 0.09 %
Growth of $10,000 (As of January 31, 2026)
MER 5.16 %
Assets ($mil) $2,838.04
Rank (1Yr) 22/40
Std Dev (3Yr) 5.95 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The investment objective of the Picton Mahoney Fortified Market Neutral Alternative Fund (the “Fund”) is to provide consistent long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return with less volatility than traditional equity markets and low correlation to major equity markets.
Fund Manager

PICTON Investments

Portfolio Manager

PICTON Investments

Sub-Advisor
-
 
Asset Allocation
(As of November 30, 2025)
Sector Allocation
(As of November 30, 2025)
Geographic Allocation
(As of November 30, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
CAD CurrencyCash and EquivalentsCash and Cash EquivalentCanada11.24%
Canada Government 28-Jan-2026Cash and EquivalentsCash and Cash EquivalentCanada9.73%
Canada Government 25-Feb-2026Cash and EquivalentsCash and Cash EquivalentCanada9.71%
Canada Government 25-Mar-2026Cash and EquivalentsCash and Cash EquivalentCanada9.70%
Canadian Treasury Bill % 07-Oct-2026Domestic BondsFixed IncomeCanada7.15%
Canada Government 22-Apr-2026Cash and EquivalentsCash and Cash EquivalentCanada7.07%
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada3.71%
Shopify Inc Cl ACanadian EquityTechnologyCanada2.91%
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada2.59%
NVIDIA CorpUS EquityTechnologyUnited States2.45%

Performance Data (As of January 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.22 0.41 1.87 -0.22 4.02 6.72 6.06 -   
Benchmark 0.84 6.12 18.53 0.84 28.32 18.89 16.36 12.88
Quartile Ranking 3 2 3 3 3 2 2 -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 4.41 14.12 1.88 4.75 4.98 16.21 4.93 -      -      -     
Benchmark 31.68 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08
Quartile Ranking 3 2 3 2 2 1 - - - -

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