Inception Return
(9/27/2018)
|
6.54 %
|
|
YTD Return
|
4.30 %
|
|
NAVPS
(4/17/2024)
|
$13.97
|
|
Change
|
($0.02) / -0.14 %
|
|
|
Growth of $10,000
(As of March 31, 2024)
|
|
MER
|
2.78 %
|
|
Assets ($mil)
|
$1,155.58
|
|
Rank (1Yr)
|
17/23
|
|
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 an attractive risk-adjusted rate of return with less volatility than traditional equity markets and low correlation to major equity markets.
|
Fund Manager
Picton Mahoney Asset Management
Portfolio Manager
Picton Mahoney Asset Management
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of February 29, 2024)
|
Sector Allocation
(As of February 29, 2024)
|
Geographic Allocation
(As of February 29, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| CAD Currency | Cash and Equivalents | Cash and Cash Equivalent | Canada | 29.40% |
| Canadian Treasury Bill % 01-Aug-2024 | Cash and Equivalents | Cash and Cash Equivalent | Canada | 13.55% |
| Canada, Government of % 09-May-2024 | Cash and Equivalents | Cash and Cash Equivalent | Canada | 12.70% |
| USD Currency | Cash and Equivalents | Cash and Cash Equivalent | United States | 7.38% |
| Sun Life Financial Inc | Canadian Equity | Financial Services | Canada | 3.08% |
| Element Fleet Management Corp | Canadian Equity | Financial Services | Canada | 2.98% |
| Canadian Pacific Kansas City Ltd | Canadian Equity | Industrial Services | Canada | 2.94% |
| Royal Bank of Canada | Canadian Equity | Financial Services | Canada | 2.76% |
| Bank of Montreal | Canadian Equity | Financial Services | Canada | 2.48% |
| iShares Russell 2000 Value ETF (IWN) | US Equity | Exchange Traded Fund | United States | 2.42% |
Performance Data
(As of March 31, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.66
|
4.30
|
2.97
|
4.30
|
5.07
|
5.12
|
6.93
|
-
|
|
Benchmark
|
4.14
|
6.62
|
15.26
|
6.62
|
13.96
|
9.11
|
9.96
|
7.67
|
|
Quartile Ranking
|
3
|
2
|
3
|
2
|
3
|
2
|
-
|
-
|
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
Fund
|
1.88
|
4.75
|
4.98
|
16.21
|
4.93
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
11.75
|
-5.84
|
25.09
|
5.60
|
22.88
|
-8.89
|
9.10
|
21.08
|
-8.32
|
10.55
|
|
Quartile Ranking
|
4
|
2
|
2
|
2
|
-
|
-
|
-
|
-
|
-
|
-
|