Overview

Daily NAV
$10.25
-0.22% ($0.02)
July 19, 2024
  • Inception Date
    November 3, 2022
  • Fund Size
    $27.63MM
  • Management Fee
    1.30%
  • Distributions
    Monthly
  • Fund Strategy
    Core Fixed Income
  • Fund Framework
    Mutual Fund

Risk: Low

Low
Low to Medium
Medium
Medium to High
High

Investment Objective

The Fund aims to preserve capital while maximizing total return to unitholders predominantly through income, and supplements with capital appreciation. The Fund engages in hedging strategies for volatility management and risk mitigation.

Why Invest

CORE EXPOSURE
An emphasis on government and investment grade corporate bond exposure with an importance placed on duration, through market cycles.
ACCESS ALTERNATIVE INVESTMENT PRINCIPLES
The Fund will layer in alternative investment principles by identifying and mitigating risks with hedging tools. The Fund will also actively manage duration and target uncorrelated sources of alpha.
BENEFIT FROM PROVEN MANAGERS
With experience running Authentic Hedge® strategies for over a decade.

Performance As at June 30, 2024

Growth of $10,000

Investment value: $11,039.52 at June 28, 2024

Compound Returns

1 mth 3 mths 6 mths YTD 1 yr 3 yrs * 5 yrs * 10 yrs * Since Inception *
Picton Mahoney Fortified Core Bond Fund A 0.93% 1.37% 1.84% 1.84% 5.33% 6.17%
Series Picton Mahoney Fortified Core Bond Fund A
1 mth 0.93%
3 mths 1.37%
6 mths 1.84%
YTD 1.84%
1 yr 5.33%
3 yrs *
5 yrs *
10 yrs *
Since Inception * 6.17%

The rate of return shown above is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund, or returns on investment in the investment fund.

* refers to average annualized performance.

Calendar Returns

2023
Picton Mahoney Fortified Core Bond Fund A 5.93%
Series Picton Mahoney Fortified Core Bond Fund A
2023 5.93%

Risk Measures

Risk And Return Statistics Fund Benchmark
Annualized Return 6.17% 4.96%
Annualized Standard Deviation 4.64% 6.96%
Sharpe Ratio 0.03 -0.24
Beta 0.65
Upside Capture Ratio 75.01%
Downside Capture Ratio 43.87%
Maximum Drawdown -4.58% -7.05%
Peak Value Date of Maximum Drawdown 2023-05-03 2023-05-03
Trough Value Date of Maximum Drawdown 2023-10-19 2023-10-03

Portfolio Allocations As at June 30, 2024

Fundamental Metrics

Fund Benchmark
Weighted Average Modified Duration 5.32 7.20
Credit Rating BBB
Issuers 135 1759
Yield To Maturity 5.21% 4.18%

Fees

Series Management Fee Fund codes
Class A 1.30% PIC 8520
Class F 0.65% PIC 8521
ETF 0.65% PFCB

Historical Net Asset Values

Start Date

End Date

Effective Date Net Asset Value Distributions
2024-07-19 $10.25
2024-07-18 $10.27
2024-07-17 $10.28
2024-07-16 $10.27
2024-07-15 $10.24
2024-07-12 $10.25
2024-07-11 $10.23
2024-07-10 $10.21
2024-07-09 $10.20
2024-07-08 $10.21
2024-07-05 $10.19
2024-07-04 $10.14
2024-07-03 $10.16
2024-07-02 $10.13
2024-06-28 $10.17
2024-06-27 $10.18
2024-06-26 $10.18
2024-06-25 $10.22
2024-06-24 $10.23
2024-06-21 $10.22
2024-06-20 $10.22 0.0366
2024-06-19 $10.28
2024-06-18 $10.29
2024-06-17 $10.26
2024-06-14 $10.27
2024-06-13 $10.26
2024-06-12 $10.21
2024-06-11 $10.18
2024-06-10 $10.16
2024-06-07 $10.17
2024-06-06 $10.21
2024-06-05 $10.21
2024-06-04 $10.18
2024-06-03 $10.16
2024-05-31 $10.12
2024-05-30 $10.08
2024-05-29 $10.06
2024-05-28 $10.08
2024-05-27 $10.11
2024-05-24 $10.11
2024-05-23 $10.11 0.0323
2024-05-22 $10.15
2024-05-21 $10.16
2024-05-17 $10.14
2024-05-16 $10.16
2024-05-15 $10.16
2024-05-14 $10.10
2024-05-13 $10.10
2024-05-10 $10.09
2024-05-09 $10.11
2024-05-08 $10.11
2024-05-07 $10.12
2024-05-06 $10.11
2024-05-03 $10.09
2024-05-02 $10.05
2024-05-01 $10.04
2024-04-30 $10.01
2024-04-29 $10.03
2024-04-26 $10.00
2024-04-25 $9.98
2024-04-24 $10.00
2024-04-23 $10.02
2024-04-22 $10.01 0.0353
2024-04-19 $10.05
2024-04-18 $10.04
2024-04-17 $10.05
2024-04-16 $10.03
2024-04-15 $10.04
2024-04-12 $10.07
2024-04-11 $10.04
2024-04-10 $10.05
2024-04-09 $10.11
2024-04-08 $10.09
2024-04-05 $10.09
2024-04-04 $10.11
2024-04-03 $10.09
2024-04-02 $10.09
2024-04-01 $10.09
2024-03-28 $10.14
2024-03-27 $10.14
2024-03-26 $10.12
2024-03-25 $10.11
2024-03-22 $10.12
2024-03-21 $10.10
2024-03-20 $10.10 0.0334
2024-03-19 $10.12
2024-03-18 $10.09
2024-03-15 $10.11
2024-03-14 $10.11
2024-03-13 $10.14
2024-03-12 $10.15
2024-03-11 $10.17
2024-03-08 $10.18
2024-03-07 $10.17
2024-03-06 $10.17
2024-03-05 $10.16
2024-03-04 $10.12
2024-03-01 $10.13
2024-02-29 $10.11
2024-02-28 $10.10
2024-02-27 $10.08
2024-02-26 $10.10
2024-02-23 $10.10
2024-02-22 $10.07
2024-02-21 $10.06 0.0334
2024-02-20 $10.11
2024-02-16 $10.08
2024-02-15 $10.09
2024-02-14 $10.08
2024-02-13 $10.05
2024-02-12 $10.09
2024-02-09 $10.09
2024-02-08 $10.09
2024-02-07 $10.12
2024-02-06 $10.13
2024-02-05 $10.10
2024-02-02 $10.15
2024-02-01 $10.20
2024-01-31 $10.16
2024-01-30 $10.12
2024-01-29 $10.10
2024-01-26 $10.07
2024-01-25 $10.07
2024-01-24 $10.06
2024-01-23 $10.07 0.0394
2024-01-22 $10.11
2024-01-19 $10.09
2024-01-18 $10.09
2024-01-17 $10.10
2024-01-16 $10.13
2024-01-15 $10.17
2024-01-12 $10.17
2024-01-11 $10.16
2024-01-10 $10.14
2024-01-09 $10.16
2024-01-08 $10.16
2024-01-05 $10.15
2024-01-04 $10.16
2024-01-03 $10.19
2024-01-02 $10.17
2023-12-29 $10.20
2023-12-28 $10.21
2023-12-27 $10.21
2023-12-22 $10.16
2023-12-21 $10.19 0.0351
2023-12-20 $10.24
2023-12-19 $10.21
2023-12-18 $10.20
2023-12-15 $10.22
2023-12-14 $10.21
2023-12-13 $10.16
2023-12-12 $10.09
2023-12-11 $10.06
2023-12-08 $10.08
2023-12-07 $10.11
2023-12-06 $10.12
2023-12-05 $10.09
2023-12-04 $10.04
2023-12-01 $10.05
2023-11-30 $9.99
2023-11-29 $10.01
2023-11-28 $9.99
2023-11-27 $9.96
2023-11-24 $9.92
2023-11-23 $9.93
2023-11-22 $9.94 0.0369
2023-11-21 $9.97
2023-11-20 $9.95
2023-11-17 $9.94
2023-11-16 $9.94
2023-11-15 $9.90
2023-11-14 $9.96
2023-11-13 $9.87
2023-11-10 $9.86
2023-11-09 $9.86
2023-11-08 $9.92
2023-11-07 $9.89
2023-11-06 $9.86
2023-11-03 $9.90
2023-11-02 $9.82
2023-11-01 $9.77
2023-10-31 $9.72
2023-10-30 $9.70
2023-10-27 $9.72
2023-10-26 $9.71
2023-10-25 $9.66
2023-10-24 $9.71
2023-10-23 $9.70 0.0410
2023-10-20 $9.71
2023-10-19 $9.67
2023-10-18 $9.71
2023-10-17 $9.73
2023-10-16 $9.76
2023-10-13 $9.79
2023-10-12 $9.77
2023-10-11 $9.80
2023-10-10 $9.79
2023-10-06 $9.71
2023-10-05 $9.74
2023-10-04 $9.73
2023-10-03 $9.69
2023-10-02 $9.75
2023-09-29 $9.77
2023-09-28 $9.75
2023-09-27 $9.74
2023-09-26 $9.77
2023-09-25 $9.77
2023-09-22 $9.81
2023-09-21 $9.80 0.0397
2023-09-20 $9.87
2023-09-19 $9.86
2023-09-18 $9.89
2023-09-15 $9.90
2023-09-14 $9.91
2023-09-13 $9.92
2023-09-12 $9.92
2023-09-11 $9.92
2023-09-08 $9.94
2023-09-07 $9.93
2023-09-06 $9.92
2023-09-05 $9.93
2023-09-01 $9.97
2023-08-31 $9.98
2023-08-30 $9.97
2023-08-29 $9.96
2023-08-28 $9.93
2023-08-25 $9.92
2023-08-24 $9.93
2023-08-23 $9.94 0.0368
2023-08-22 $9.92
2023-08-21 $9.93
2023-08-18 $9.96
2023-08-17 $9.92
2023-08-16 $9.91
2023-08-15 $9.92
2023-08-14 $9.94
2023-08-11 $9.96
2023-08-10 $9.98
2023-08-09 $10.01
2023-08-08 $10.01
2023-08-04 $9.99
2023-08-03 $9.92
2023-08-02 $9.98
2023-08-01 $9.98
2023-07-31 $10.02
2023-07-28 $10.00
2023-07-27 $9.98
2023-07-26 $10.03
2023-07-25 $10.01
2023-07-24 $10.02
2023-07-21 $10.04 0.0365

Portfolio Management

Phil Mesman, CFA

Portfolio Manager, Co-Head Fixed Income

Sam Acton, CFA

Portfolio Manager, Co-Head Fixed Income