Inception Return
(9/27/2018)
|
6.81 %
|
|
YTD Return
|
0.31 %
|
|
NAVPS
(3/24/2023)
|
$13.28
|
|
Change
|
($0.02) / -0.13 %
|
|
|
Growth of $10,000
(As of February 28, 2023)
|
|
MER
|
3.34 %
|
|
Assets ($mil)
|
$990.76
|
|
Rank (1Yr)
|
8/22
|
|
Std Dev (3Yr)
|
5.95 %
|
|
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 Market Neutral Alternative Fund (the Fund ) is to provide consistent long-term capital appreciation and to provide unitholders with a risk-adjusted rate of return which outperforms its benchmark with less volatility than traditional equity markets and low correlation to major equity markets. The Fund's benchmark is the FTSE TMX Canada 91 Day T-Bill Index.
|
Fund Manager
Picton Mahoney Asset Management
Portfolio Manager
Picton Mahoney Asset Management
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of November 30, 2022)
|
Sector Allocation
(As of November 30, 2022)
|
Geographic Allocation
(As of November 30, 2022)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Canadian Dollar CAD | Cash and Equivalents | Cash and Cash Equivalent | Canada | 78.33% |
| US dollar - London USDL | Cash and Equivalents | Cash and Cash Equivalent | United States | 15.06% |
| Element Fleet Management Corp | Canadian Equity | Financial Services | Canada | 3.10% |
| Toronto-Dominion Bank | Canadian Equity | Financial Services | Canada | 3.01% |
| Trisura Group Ltd | Canadian Equity | Financial Services | Canada | 2.51% |
| Canadian Pacific Railway Ltd | Canadian Equity | Industrial Services | Canada | 2.46% |
| Bank of Montreal | Canadian Equity | Financial Services | Canada | 2.16% |
| Royal Bank of Canada | Canadian Equity | Financial Services | Canada | 1.87% |
| First Quantum Minerals Ltd | Canadian Equity | Basic Materials | Canada | 1.79% |
| AltaGas Ltd | Canadian Equity | Utilities | Canada | 1.59% |
Performance Data
(As of February 28, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.64
|
1.31
|
3.05
|
0.31
|
4.95
|
8.07
|
-
|
-
|
|
Benchmark
|
-2.45
|
-0.35
|
6.30
|
4.78
|
-1.21
|
10.83
|
8.82
|
7.86
|
|
Quartile Ranking
|
2
|
2
|
2
|
3
|
2
|
-
|
-
|
-
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
4.75
|
4.98
|
16.21
|
4.93
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
-5.84
|
25.09
|
5.60
|
22.88
|
-8.89
|
9.10
|
21.08
|
-8.32
|
10.55
|
12.99
|
|
Quartile Ranking
|
2
|
2
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|