(As of 10/31/2023)

Picton Mahoney Fortified Income Fund Class A

(High Yield Fixed Income)
FundGrade A+® Rating recipient
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Inception Return
(11/2/2015)
3.67 %
YTD Return 2.29 %
NAVPS
(12/1/2023)
$9.90
Change $0.01 / 0.11 %
Growth of $10,000 (As of October 31, 2023)
MER 3.07 %
Assets ($mil) $705.72
Rank (1Yr) 212/308
Std Dev (3Yr) 3.96 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load Front Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The investment objective of the Picton Mahoney Fortified Income Fund (the “Fund”) is to maximize total return to unitholders through income and capital appreciation by investing primarily in global income securities while mitigating capital loss by engaging in hedging strategies for downside risk protection.
Fund Manager

Picton Mahoney Asset Management

Portfolio Manager

Picton Mahoney Asset Management

Sub-Advisor
Data not available
 
Asset Allocation
(As of August 31, 2023)
Sector Allocation
(As of August 31, 2023)
Geographic Allocation
(As of August 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
USD CurrencyCash and EquivalentsCash and Cash EquivalentUnited States7.92%
CAD CurrencyCash and EquivalentsCash and Cash EquivalentCanada6.24%
Secure Energy Services Inc 7.25% 30-Dec-2026Domestic BondsFixed IncomeCanada2.39%
Parkland Corp 3.88% 16-Jun-2026Domestic BondsFixed IncomeCanada2.19%
Secure Energy Services Inc 11.00% 01-Dec-2025Foreign BondsFixed IncomeUnited States1.88%
Acadia Healthcare Co Inc 5.50% 24-Dec-2023Foreign BondsFixed IncomeUnited States1.82%
Horizon Therapeutics USA Inc 5.50% 01-Aug-2027Foreign BondsFixed IncomeUnited States1.76%
National Bank of Canada 7.50% 16-Oct-2027Domestic BondsFixed IncomeCanada1.69%
Earthstone Energy Holdings LLC 9.88% 15-Jul-2026Foreign BondsFixed IncomeUnited States1.66%
MANITOULIN USD 13.29% 10-Nov-2027Domestic BondsFixed IncomeCanada1.61%

Performance Data (As of October 31, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.60 -0.86 -0.31 2.29 3.21 0.11 1.43 -   
Benchmark 1.59 2.77 1.97 6.80 11.19 0.78 3.11 5.93
Quartile Ranking 2 1 2 3 3 3 3 -

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -6.03 2.18 6.71 5.37 -2.72 8.12 16.28 -      -      -     
Benchmark -6.92 0.50 6.14 7.98 5.36 2.96 10.80 14.93 8.91 15.20
Quartile Ranking 1 4 1 4 3 1 1 - - -

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