(As of 12/31/2021)

Picton Mahoney Fortified Income Fund Class A

(High Yield Fixed Income)






FundGrade A+® Rating recipient
For more information about
FundGrade click here
Inception Return
(11/2/2015)
5.46 %
YTD Return 2.18 %
NAVPS
(1/25/2022)
$10.84
Change $0.00 / 0.04 %
Growth of $10,000 (As of December 31, 2021)
MER 2.51 %
Assets ($mil) $94.06
Rank (1Yr) 337/466
Std Dev (3Yr) 3.82 %
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 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 October 31, 2021)
Sector Allocation
(As of October 31, 2021)
Geographic Allocation
(As of October 31, 2021)
Top 10 Holdings
NameAssetSectorGeographicPercent
Canadian Dollar CADCash and EquivalentsCash and Cash EquivalentCanada49.34%
US dollar - London USDLCash and EquivalentsCash and Cash EquivalentUnited States21.08%
W R Grace Holdings LLC 4.88% 15-Jun-2027Foreign BondsFixed IncomeUnited States2.66%
Secure Energy Services Inc 11.00% 01-Dec-2023Foreign BondsFixed IncomeUnited States2.51%
Cleveland-Cliffs Inc 9.88% 17-Oct-2022Cash and EquivalentsCash and Cash EquivalentUnited States2.18%
Olin Corp 9.50% 01-Mar-2025Foreign BondsFixed IncomeUnited States1.90%
Centene Corp 4.63% 15-Dec-2024Foreign BondsFixed IncomeUnited States1.79%
TransDigm UK Holdings PLC 6.88% 15-May-2026Foreign BondsFixed IncomeUnited States1.68%
NuVista Energy Ltd 7.88% 23-Jul-2026Domestic BondsFixed IncomeCanada1.66%
Encompass Health Corp 4.50% 01-Feb-2023Foreign BondsFixed IncomeUnited States1.65%

Performance Data (As of December 31, 2021)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.21 -0.33 -0.27 2.18 2.18 4.74 3.86 -   
Benchmark 0.14 -1.71 0.90 0.50 0.50 4.83 4.56 8.82
Quartile Ranking 4 4 4 3 3 4 3 -

Calendar Return (%) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund 2.18 6.71 5.37 -2.72 8.12 16.28 -      -      -      -     
Benchmark 0.50 6.14 7.98 5.36 2.96 10.80 14.93 8.91 15.20 16.66
Quartile Ranking 3 1 4 3 1 1 - - - -

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2022 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.