Overview

Daily NAV
$10.25
-0.12% ($0.01)
March 18, 2024
  • Inception Date
    November 9, 2022
  • Fund Size
    $21.45MM
  • Management Fee
    0.65%
  • Distributions
    Monthly
  • Fund Strategy
    Core Fixed Income
  • Fund Framework
    Mutual Fund

Risk: Low

Low
Low To Moderate
Moderate
Moderate 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 February 29, 2024

Growth of $10,000

Investment value: $10,957.97 at February 29, 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 ETF -0.08% 2.40% 3.99% -0.08% 5.50% 7.26%
Series Picton Mahoney Fortified Core Bond Fund ETF
1 mth -0.08%
3 mths 2.40%
6 mths 3.99%
YTD -0.08%
1 yr 5.50%
3 yrs *
5 yrs *
10 yrs *
Since Inception * 7.26%

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 ETF 6.73%
Series Picton Mahoney Fortified Core Bond Fund ETF
2023 6.73%

Risk Measures

Risk And Return Statistics Fund Benchmark
Annualized Return 7.26% 5.45%
Annualized Standard Deviation 4.99% 6.50%
Sharpe Ratio 0.11 -0.26
Beta 0.65
Upside Capture Ratio 75.03%
Downside Capture Ratio 38.68%
Maximum Drawdown -4.24% -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 January 31, 2024

Fundamental Metrics

Fund Benchmark
Weighted Average Modified Duration 4.72 7.11
Credit Rating BBB
Issuers 101 1727
Yield To Maturity 5.21% 4.17%

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
2024-03-18 $10.25
2024-03-15 $10.26
2024-03-14 $10.26
2024-03-13 $10.29
2024-03-12 $10.30
2024-03-11 $10.32
2024-03-08 $10.33
2024-03-07 $10.32
2024-03-06 $10.32
2024-03-05 $10.31
2024-03-04 $10.27
2024-03-01 $10.28
2024-02-29 $10.26
2024-02-28 $10.24
2024-02-27 $10.23
2024-02-26 $10.24
2024-02-23 $10.25
2024-02-22 $10.21
2024-02-21 $10.21 0.0339
2024-02-20 $10.25
2024-02-16 $10.22
2024-02-15 $10.24
2024-02-14 $10.22
2024-02-13 $10.19
2024-02-12 $10.24
2024-02-09 $10.24
2024-02-08 $10.23
2024-02-07 $10.26
2024-02-06 $10.27
2024-02-05 $10.24
2024-02-02 $10.29
2024-02-01 $10.34
2024-01-31 $10.30
2024-01-30 $10.26
2024-01-29 $10.24
2024-01-26 $10.21
2024-01-25 $10.21
2024-01-24 $10.20
2024-01-23 $10.21 0.0400
2024-01-22 $10.26
2024-01-19 $10.23
2024-01-18 $10.23
2024-01-17 $10.25
2024-01-16 $10.27
2024-01-15 $10.31
2024-01-12 $10.31
2024-01-11 $10.30
2024-01-10 $10.28
2024-01-09 $10.30
2024-01-08 $10.30
2024-01-05 $10.29
2024-01-04 $10.30
2024-01-03 $10.33
2024-01-02 $10.31
2023-12-29 $10.34
2023-12-28 $10.35
2023-12-27 $10.35
2023-12-22 $10.29
2023-12-21 $10.32 0.0356
2023-12-20 $10.38
2023-12-19 $10.35
2023-12-18 $10.33
2023-12-15 $10.36
2023-12-14 $10.35
2023-12-13 $10.29
2023-12-12 $10.22
2023-12-11 $10.20
2023-12-08 $10.21
2023-12-07 $10.25
2023-12-06 $10.25
2023-12-05 $10.22
2023-12-04 $10.18
2023-12-01 $10.18
2023-11-30 $10.12
2023-11-29 $10.14
2023-11-28 $10.12
2023-11-27 $10.09
2023-11-24 $10.04
2023-11-23 $10.06
2023-11-22 $10.07 0.0374
2023-11-21 $10.10
2023-11-20 $10.08
2023-11-17 $10.07
2023-11-16 $10.07
2023-11-15 $10.03
2023-11-14 $10.08
2023-11-13 $10.00
2023-11-10 $9.99
2023-11-09 $9.99
2023-11-08 $10.04
2023-11-07 $10.01
2023-11-06 $9.99
2023-11-03 $10.03
2023-11-02 $9.95
2023-11-01 $9.89
2023-10-31 $9.84
2023-10-30 $9.82
2023-10-27 $9.84
2023-10-26 $9.84
2023-10-25 $9.78
2023-10-24 $9.83
2023-10-23 $9.82 0.0415
2023-10-20 $9.83
2023-10-19 $9.79
2023-10-18 $9.83
2023-10-17 $9.85
2023-10-16 $9.88
2023-10-13 $9.91
2023-10-12 $9.89
2023-10-11 $9.92
2023-10-10 $9.90
2023-10-06 $9.82
2023-10-05 $9.85
2023-10-04 $9.85
2023-10-03 $9.81
2023-10-02 $9.87
2023-09-29 $9.88
2023-09-28 $9.86
2023-09-27 $9.86
2023-09-26 $9.89
2023-09-25 $9.89
2023-09-22 $9.93
2023-09-21 $9.91 0.0401
2023-09-20 $9.98
2023-09-19 $9.97
2023-09-18 $10.01
2023-09-15 $10.01
2023-09-14 $10.03
2023-09-13 $10.04
2023-09-12 $10.04
2023-09-11 $10.04
2023-09-08 $10.05
2023-09-07 $10.05
2023-09-06 $10.04
2023-09-05 $10.04
2023-09-01 $10.08
2023-08-31 $10.09
2023-08-30 $10.08
2023-08-29 $10.07
2023-08-28 $10.04
2023-08-25 $10.03
2023-08-24 $10.04
2023-08-23 $10.05 0.0372
2023-08-22 $10.03
2023-08-21 $10.04
2023-08-18 $10.07
2023-08-17 $10.03
2023-08-16 $10.02
2023-08-15 $10.03
2023-08-14 $10.05
2023-08-11 $10.06
2023-08-10 $10.09
2023-08-09 $10.12
2023-08-08 $10.12
2023-08-04 $10.10
2023-08-03 $10.03
2023-08-02 $10.08
2023-08-01 $10.09
2023-07-31 $10.12
2023-07-28 $10.11
2023-07-27 $10.09
2023-07-26 $10.14
2023-07-25 $10.11
2023-07-24 $10.13
2023-07-21 $10.15 0.0370
2023-07-20 $10.17
2023-07-19 $10.21
2023-07-18 $10.18
2023-07-17 $10.18
2023-07-14 $10.18
2023-07-13 $10.20
2023-07-12 $10.16
2023-07-11 $10.10
2023-07-10 $10.11
2023-07-07 $10.09
2023-07-06 $10.11
2023-07-05 $10.14
2023-07-04 $10.18
2023-06-30 $10.19
2023-06-29 $10.16
2023-06-28 $10.22
2023-06-27 $10.18
2023-06-26 $10.19
2023-06-23 $10.17
2023-06-22 $10.13 0.0360
2023-06-21 $10.21
2023-06-20 $10.22
2023-06-19 $10.19
2023-06-16 $10.19
2023-06-15 $10.20
2023-06-14 $10.17
2023-06-13 $10.13
2023-06-12 $10.19
2023-06-09 $10.18
2023-06-08 $10.17
2023-06-07 $10.14
2023-06-06 $10.21
2023-06-05 $10.20
2023-06-02 $10.21
2023-06-01 $10.25
2023-05-31 $10.23
2023-05-30 $10.18
2023-05-29 $10.11
2023-05-26 $10.10
2023-05-25 $10.11
2023-05-24 $10.16
2023-05-23 $10.18 0.0374
2023-05-19 $10.23
2023-05-18 $10.24
2023-05-17 $10.28
2023-05-16 $10.31
2023-05-15 $10.33
2023-05-12 $10.37
2023-05-11 $10.39
2023-05-10 $10.37
2023-05-09 $10.33
2023-05-08 $10.33
2023-05-05 $10.35
2023-05-04 $10.42
2023-05-03 $10.42
2023-05-02 $10.37
2023-05-01 $10.30
2023-04-28 $10.35
2023-04-27 $10.31
2023-04-26 $10.36
2023-04-25 $10.37
2023-04-24 $10.31
2023-04-21 $10.29
2023-04-20 $10.28 0.0365
2023-04-19 $10.28
2023-04-18 $10.29
2023-04-17 $10.28
2023-04-14 $10.30
2023-04-13 $10.32
2023-04-12 $10.36
2023-04-11 $10.35
2023-04-10 $10.35
2023-04-06 $10.39
2023-04-05 $10.40
2023-04-04 $10.39
2023-04-03 $10.35
2023-03-31 $10.30
2023-03-30 $10.29
2023-03-29 $10.27
2023-03-28 $10.28
2023-03-27 $10.30
2023-03-24 $10.37
2023-03-23 $10.37 0.0357
2023-03-22 $10.37
2023-03-21 $10.30
2023-03-20 $10.32

Portfolio Management

Phil Mesman, CFA

Head of Fixed Income

Sam Acton, CFA

Portfolio Manager, Fixed Income