(As of 6/30/2024)

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) 		4.19 %
YTD Return 3.38 %
NAVPS
(7/25/2024) 		$9.98
Change $0.00 / 0.05 %
Growth of $10,000 (As of June 30, 2024)
MER 3.07 %
Assets ($mil) $750.29
Rank (1Yr) 260/295
Std Dev (3Yr) 3.96 %
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 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. The fundamental investment objective of the Fund will not change without the consent of a majority of the voting unitholders of the Fund.
Fund Manager

Picton Mahoney Asset Management

Portfolio Manager

Picton Mahoney Asset Management

Sub-Advisor
Data not available
 
Asset Allocation
(As of May 31, 2024)
Sector Allocation
(As of May 31, 2024)
Geographic Allocation
(As of May 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
USD CurrencyCash and EquivalentsCash and Cash EquivalentUnited States5.42%
CAD CurrencyCash and EquivalentsCash and Cash EquivalentCanada3.69%
Royal Bank of Canada 4.50% 24-Oct-2025Domestic BondsFixed IncomeCanada1.92%
Parkland Corp 4.38% 26-Mar-2029Domestic BondsFixed IncomeCanada1.89%
Permian Resources Operatng LLC 8.00% 15-Apr-2027Foreign BondsFixed IncomeUnited States1.84%
Prime Healthcare Services Inc 7.25% 01-Nov-2025Foreign BondsFixed IncomeUnited States1.80%
Toronto-Dominion Bank 7.23% PERPDomestic BondsFixed IncomeCanada1.63%
Acadia Healthcare Co Inc 5.50% 01-Jul-2028Foreign BondsFixed IncomeUnited States1.55%
AutoCanada Inc 5.75% 07-Feb-2029Domestic BondsFixed IncomeCanada1.55%
MANITOULIN USD 13.29% 10-Nov-2027Domestic BondsFixed IncomeCanada1.51%

Performance Data (As of June 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.57 1.68 3.38 3.38 6.55 0.85 2.77 -   
Benchmark 1.79 2.35 6.59 6.59 14.42 3.38 3.77 5.98
Quartile Ranking 4 1 2 2 4 2 2 -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 5.88 -6.03 2.18 6.71 5.37 -2.72 8.12 16.28 -      -     
Benchmark 10.36 -6.92 0.50 6.14 7.98 5.36 2.96 10.80 14.93 8.91
Quartile Ranking 4 1 4 1 4 3 1 1 - -

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