SUBSCRIBE FR
PERFORMANCE SOLUTIONS TOOLS RESOURCES DOCUMENTATION ABOUT US

Overview

Daily NAV
$15.38
0.12% $0.02
November 25, 2022
  • Inception Date
    October 29, 2015
  • Fund Size
    $169.60MM
  • Management Fee
    0.90%
  • Performance Fee
    20.00% ^
  • Fund Strategy
    Multi-Asset Strategy
  • Fund Framework
    Mutual Fund

Risk: Low to Medium

Low
Low To Moderate
Moderate
Moderate To High
High

^ of performance above the benchmark

Investment Objective

The investment objective of the Fund is to achieve long-term capital appreciation by investing primarily in global equity securities and global income securities while mitigating capital loss by engaging in hedging strategies for downside risk protection.

Why Invest

Balance Growth and Income
Through a tactically allocated mix of global equities and income securities.
Benefit From Proven Managers
With experience running Authentic Hedge® strategies for over a decade.
Diversify Your Portfolio
With a core portfolio holding designed to grow your wealth while reducing downside risk.

Performance As at October 31, 2022

Growth of $10,000

Investment value: $15,191.98 at October 31, 2022

Compound Returns

1 mth 3 mths 6 mths YTD 1 yr 3 yrs * 5 yrs * 10 yrs * Since Inception *
Picton Mahoney Fortified Multi-Asset Fund F 2.65% -1.46% -3.42% -9.15% -7.93% 5.60% 4.83% 6.15%
Series Picton Mahoney Fortified Multi-Asset Fund F
1 mth 2.65%
3 mths -1.46%
6 mths -3.42%
YTD -9.15%
1 yr -7.93%
3 yrs * 5.60%
5 yrs * 4.83%
10 yrs *
Since Inception * 6.15%

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

2016 2017 2018 2019 2020 2021
Picton Mahoney Fortified Multi-Asset Fund F 11.55% 7.51% -2.54% 12.22% 15.18% 10.47%
Series Picton Mahoney Fortified Multi-Asset Fund F
2016 11.55%
2017 7.51%
2018 -2.54%
2019 12.22%
2020 15.18%
2021 10.47%

Risk Measures

Risk And Return Statistics Fund Benchmark **
Annualized Return 6.15% 4.94%
Annualized Standard Deviation 6.64% 7.34%
Sharpe Ratio 0.78 0.57
Beta 0.86
Upside Capture Ratio 94.60%
Downside Capture Ratio 75.99%
Maximum Drawdown -18.25% -20.32%
Peak Value Date of Maximum Drawdown 2020-02-14 2020-02-19
Trough Value Date of Maximum Drawdown 2020-03-23 2020-03-23

**15% S&P/TSX Composite Index (TR), 30% MSCI World Index (Net Returns) (in CAD ), 10% FTSE TMX Canada 30 Day TBill Index (TR)

Portfolio Allocations As at October 31, 2022

Asset Allocation

Colours Name Weight
Equities 55.99%
Fixed Income 35.62%
Commodities 5.80%
Alpha Strategies 0.51%
Cash Equivalents & Other 2.38%

Assets & Strategies

Colours Name Weight
Picton Mahoney Fortified Equity Fund 45.32%
Picton Mahoney Fortified Long Short Alternative Fund 8.80%
Picton Mahoney Fortified Active Extension Alternative Fund 0.61%
Emerging Market Equity 1.26%
Picton Mahoney Fortified Income Fund 25.61%
Government Bonds 10.01%
Precious Metals 1.98%
Industrial Metals 1.23%
Grains 1.30%
Energy 1.29%
Picton Mahoney Fortified Market Neutral Alternative Fund 0.22%
Picton Mahoney Fortified Special Situations Alternative Fund 0.29%
Cash Equivalents & Other 2.38%

Fees

Series Management Fee Fund codes
Class A 1.90% PIC 8600
Class F 0.90% PIC 8601
Class FT 0.90% PIC 8603
Class T 1.90% PIC 8602

Historical Net Asset Values

Start Date

End Date

Effective Date Net Asset Value Distributions
2022-11-25 $15.38
2022-11-24 $15.36
2022-11-23 $15.35
2022-11-22 $15.30
2022-11-21 $15.24
2022-11-18 $15.23
2022-11-17 $15.16
2022-11-16 $15.21
2022-11-15 $15.24
2022-11-14 $15.14
2022-11-11 $15.19
2022-11-10 $15.16
2022-11-09 $14.89
2022-11-08 $15.00
2022-11-07 $14.95
2022-11-04 $14.90
2022-11-03 $14.86
2022-11-02 $14.88
2022-11-01 $15.01
2022-10-31 $15.01
2022-10-28 $15.03
2022-10-27 $14.93
2022-10-26 $14.94
2022-10-25 $14.92
2022-10-24 $14.82
2022-10-21 $14.76
2022-10-20 $14.63
2022-10-19 $14.72
2022-10-18 $14.79
2022-10-17 $14.71
2022-10-14 $14.60
2022-10-13 $14.73
2022-10-12 $14.58
2022-10-11 $14.64
2022-10-07 $14.75
2022-10-06 $14.93
2022-10-05 $14.99
2022-10-04 $14.98
2022-10-03 $14.76
2022-09-30 $14.62
2022-09-29 $14.64
2022-09-28 $14.73
2022-09-27 $14.62
2022-09-26 $14.62
2022-09-23 $14.69
2022-09-22 $14.83
2022-09-21 $14.90
2022-09-20 $14.96
2022-09-19 $15.00
2022-09-16 $14.98
2022-09-15 $15.04
2022-09-14 $15.08
2022-09-13 $15.09
2022-09-12 $15.23
2022-09-09 $15.17
2022-09-08 $15.08
2022-09-07 $15.03
2022-09-06 $14.95
2022-09-02 $14.98
2022-09-01 $15.00
2022-08-31 $15.06
2022-08-30 $15.13
2022-08-29 $15.18
2022-08-26 $15.23
2022-08-25 $15.35
2022-08-24 $15.31
2022-08-23 $15.29
2022-08-22 $15.32
2022-08-19 $15.39
2022-08-18 $15.45
2022-08-17 $15.43
2022-08-16 $15.46
2022-08-15 $15.48
2022-08-12 $15.44
2022-08-11 $15.34
2022-08-10 $15.33
2022-08-09 $15.25
2022-08-08 $15.27
2022-08-05 $15.27
2022-08-04 $15.26
2022-08-03 $15.22
2022-08-02 $15.19
2022-07-29 $15.23
2022-07-28 $15.14
2022-07-27 $15.03
2022-07-26 $14.88
2022-07-25 $14.93
2022-07-22 $14.91
2022-07-21 $14.94
2022-07-20 $14.86
2022-07-19 $14.82
2022-07-18 $14.69
2022-07-15 $14.70
2022-07-14 $14.64
2022-07-13 $14.64
2022-07-12 $14.68
2022-07-11 $14.77
2022-07-08 $14.82
2022-07-07 $14.84
2022-07-06 $14.74
2022-07-05 $14.73
2022-07-04 $14.74
2022-06-30 $14.70
2022-06-29 $14.77
2022-06-28 $14.82
2022-06-27 $14.90
2022-06-24 $14.91
2022-06-23 $14.74
2022-06-22 $14.75
2022-06-21 $14.80
2022-06-20 $14.72
2022-06-17 $14.71
2022-06-16 $14.71
2022-06-15 $14.89
2022-06-14 $14.80
2022-06-13 $14.86
2022-06-10 $15.11
2022-06-09 $15.24
2022-06-08 $15.31
2022-06-07 $15.39
2022-06-06 $15.35
2022-06-03 $15.36
2022-06-02 $15.46
2022-06-01 $15.35
2022-05-31 $15.39
2022-05-30 $15.47
2022-05-27 $15.47
2022-05-26 $15.35
2022-05-25 $15.23
2022-05-24 $15.21
2022-05-20 $15.14
2022-05-19 $15.12
2022-05-18 $15.13
2022-05-17 $15.31
2022-05-16 $15.23
2022-05-13 $15.26
2022-05-12 $15.14
2022-05-11 $15.17
2022-05-10 $15.19
2022-05-09 $15.18
2022-05-06 $15.39
2022-05-05 $15.43
2022-05-04 $15.63
2022-05-03 $15.52
2022-05-02 $15.53
2022-04-29 $15.54
2022-04-28 $15.68
2022-04-27 $15.58
2022-04-26 $15.55
2022-04-25 $15.67
2022-04-22 $15.68
2022-04-21 $15.76
2022-04-20 $15.86
2022-04-19 $15.88
2022-04-18 $15.85
2022-04-14 $15.85
2022-04-13 $15.90
2022-04-12 $15.84
2022-04-11 $15.84
2022-04-08 $15.93
2022-04-07 $15.92
2022-04-06 $15.87
2022-04-05 $15.96
2022-04-04 $16.06
2022-04-01 $16.03
2022-03-31 $16.04
2022-03-30 $16.10
2022-03-29 $16.12
2022-03-28 $16.04
2022-03-25 $16.03
2022-03-24 $16.03
2022-03-23 $15.98
2022-03-22 $16.06
2022-03-21 $16.01
2022-03-18 $16.01
2022-03-17 $15.93
2022-03-16 $15.86
2022-03-15 $15.70
2022-03-14 $15.61
2022-03-11 $15.69
2022-03-10 $15.78
2022-03-09 $15.82
2022-03-08 $15.70
2022-03-07 $15.69
2022-03-04 $15.86
2022-03-03 $15.90
2022-03-02 $15.93
2022-03-01 $15.85
2022-02-28 $15.94
2022-02-25 $15.95
2022-02-24 $15.86
2022-02-23 $15.81
2022-02-22 $15.90
2022-02-18 $15.99
2022-02-17 $16.03
2022-02-16 $16.14
2022-02-15 $16.17
2022-02-14 $16.06
2022-02-11 $16.13
2022-02-10 $16.25
2022-02-09 $16.32
2022-02-08 $16.18
2022-02-07 $16.12
2022-02-04 $16.18
2022-02-03 $16.11
2022-02-02 $16.26
2022-02-01 $16.18
2022-01-31 $16.10
2022-01-28 $15.99
2022-01-27 $15.86
2022-01-26 $15.87
2022-01-25 $15.84
2022-01-24 $15.93
2022-01-21 $15.96
2022-01-20 $16.07
2022-01-19 $16.11
2022-01-18 $16.15
2022-01-17 $16.29
2022-01-14 $16.29
2022-01-13 $16.31
2022-01-12 $16.39
2022-01-11 $16.38
2022-01-10 $16.29
2022-01-07 $16.37
2022-01-06 $16.43
2022-01-05 $16.44
2022-01-04 $16.55
2021-12-31 $16.52
2021-12-30 $16.60
2021-12-29 $16.62
2021-12-24 $16.53
2021-12-23 $16.54
2021-12-22 $16.50
2021-12-21 $16.43
2021-12-20 $16.28
2021-12-17 $16.32
2021-12-16 $16.35
2021-12-15 $16.43
2021-12-14 $16.32
2021-12-13 $16.38
2021-12-10 $16.40
2021-12-09 $16.40
2021-12-08 $16.43
2021-12-07 $16.43
2021-12-06 $16.34
2021-12-03 $16.31
2021-12-02 $16.34
2021-12-01 $16.25
2021-11-30 $16.30
2021-11-29 $16.41

Portfolio Management

Neil Simons

Portfolio Manager, Multi-Asset Strategies

Michael White, CFA

Portfolio Manager, Multi-Asset Strategies

David Picton

President, CEO and Portfolio Manager, Canadian Equities

Jeffrey Bradacs, CFA

Portfolio Manager, Canadian Equities

Michael Kimmel, CFA

Portfolio Manager, U.S. Equities

Michael Kuan, CFA

Portfolio Manager, International Equities

Phil Mesman, CFA

Head of Fixed Income

Sam Acton, CFA

Portfolio Manager, Fixed Income