Overview

Daily NAV
$11.46
0.15% $0.02
February 23, 2024
  • Inception Date
    October 29, 2015
  • Fund Size
    $172.29MM
  • Management Fee
    0.90%
  • Performance Fee
    20.00% ^
  • Distributions
    Monthly; targeting a rate of 5% per annum
  • 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 January 31, 2024

Growth of $10,000

Investment value: $17,147.34 at January 31, 2024

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 FT 1.23% 7.21% 3.76% 1.23% 6.43% 3.89% 7.41% 6.75%
Series Picton Mahoney Fortified Multi-Asset Fund FT
1 mth 1.23%
3 mths 7.21%
6 mths 3.76%
YTD 1.23%
1 yr 6.43%
3 yrs * 3.89%
5 yrs * 7.41%
10 yrs *
Since Inception * 6.75%

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 2022 2023
Picton Mahoney Fortified Multi-Asset Fund FT 12.30% 7.55% -2.53% 12.30% 15.28% 10.51% -7.65% 8.52%
Series Picton Mahoney Fortified Multi-Asset Fund FT
2016 12.30%
2017 7.55%
2018 -2.53%
2019 12.30%
2020 15.28%
2021 10.51%
2022 -7.65%
2023 8.52%

Risk Measures

Risk And Return Statistics Fund Benchmark **
Annualized Return 6.75% 6.00%
Annualized Standard Deviation 6.66% 7.44%
Sharpe Ratio 0.81 0.63
Beta 0.85
Upside Capture Ratio 92.05%
Downside Capture Ratio 76.73%
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 Canada 30 Day TBill Index (TR), 25% ICE BofA Global High Yield Index (TR) (Hedged to CAD), 5% ICE BofA Global Corporate Index (TR) (Hedged to CAD), 15% ICE BofA G7 Global Government Index (TR) (Hedged to CAD)

Portfolio Allocations As at December 31, 2023

Asset Allocation

Colours Name Weight
Equities 55.04%
Fixed Income 39.69%
Commodities 5.84%
Alpha Strategies 1.31%
Cash Equivalents & Other -1.56%

Assets & Strategies

Colours Name Weight
Picton Mahoney Fortified Equity Fund 42.93%
Picton Mahoney Fortified Long Short Alternative Fund 2.91%
Picton Mahoney Fortified Active Extension Alternative Fund 0.68%
Developed Market Equity 2.77%
Emerging Market Equity 5.75%
Picton Mahoney Fortified Income Fund 22.34%
Government Bonds 17.35%
Precious Metals 0.99%
Energy 0.00%
Picton Mahoney Fortified Inflation Opportunities Alternative Fund 4.86%
Picton Mahoney Fortified Market Neutral Alternative Fund 0.99%
Picton Mahoney Fortified Special Situations Alternative Fund 0.31%
Cash Equivalents & Other -1.56%

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
2024-02-23 $11.46
2024-02-22 $11.45
2024-02-21 $11.34
2024-02-20 $11.36
2024-02-16 $11.37
2024-02-15 $11.38
2024-02-14 $11.36
2024-02-13 $11.29
2024-02-12 $11.34
2024-02-09 $11.35
2024-02-08 $11.32
2024-02-07 $11.35
2024-02-06 $11.33
2024-02-05 $11.30
2024-02-02 $11.31
2024-02-01 $11.29
2024-01-31 $11.22 0.0464
2024-01-30 $11.30
2024-01-29 $11.30
2024-01-26 $11.27
2024-01-25 $11.29
2024-01-24 $11.27
2024-01-23 $11.23
2024-01-22 $11.21
2024-01-19 $11.20
2024-01-18 $11.18
2024-01-17 $11.16
2024-01-16 $11.20
2024-01-15 $11.22
2024-01-12 $11.20
2024-01-11 $11.18
2024-01-10 $11.16
2024-01-09 $11.14
2024-01-08 $11.14
2024-01-05 $11.10
2024-01-04 $11.10
2024-01-03 $11.12
2024-01-02 $11.11
2023-12-29 $11.13 0.0449
2023-12-28 $11.18
2023-12-27 $11.19
2023-12-22 $11.15
2023-12-21 $11.16
2023-12-20 $11.12
2023-12-19 $11.18
2023-12-18 $11.15
2023-12-15 $11.13
2023-12-14 $11.17
2023-12-13 $11.16
2023-12-12 $11.09
2023-12-11 $11.06
2023-12-08 $11.07
2023-12-07 $11.08
2023-12-06 $11.04
2023-12-05 $11.04
2023-12-04 $11.02
2023-12-01 $11.05
2023-11-30 $11.02 0.0449
2023-11-29 $11.07
2023-11-28 $11.06
2023-11-27 $11.05
2023-11-24 $11.03
2023-11-23 $11.07
2023-11-22 $11.08
2023-11-21 $11.05
2023-11-20 $11.08
2023-11-17 $11.03
2023-11-16 $11.02
2023-11-15 $10.97
2023-11-14 $11.01
2023-11-13 $10.89
2023-11-10 $10.89
2023-11-09 $10.83
2023-11-08 $10.87
2023-11-07 $10.84
2023-11-06 $10.81
2023-11-03 $10.81
2023-11-02 $10.76
2023-11-01 $10.67
2023-10-31 $10.60 0.0449
2023-10-30 $10.61
2023-10-27 $10.60
2023-10-26 $10.58
2023-10-25 $10.61
2023-10-24 $10.66
2023-10-23 $10.62
2023-10-20 $10.62
2023-10-19 $10.68
2023-10-18 $10.71
2023-10-17 $10.76
2023-10-16 $10.76
2023-10-13 $10.75
2023-10-12 $10.77
2023-10-11 $10.79
2023-10-10 $10.76
2023-10-06 $10.71
2023-10-05 $10.68
2023-10-04 $10.67
2023-10-03 $10.66
2023-10-02 $10.73
2023-09-29 $10.74 0.0449
2023-09-28 $10.77
2023-09-27 $10.76
2023-09-26 $10.78
2023-09-25 $10.83
2023-09-22 $10.85
2023-09-21 $10.85
2023-09-20 $10.92
2023-09-19 $10.93
2023-09-18 $10.98
2023-09-15 $11.02
2023-09-14 $11.06
2023-09-13 $11.02
2023-09-12 $11.02
2023-09-11 $11.05
2023-09-08 $11.02
2023-09-07 $11.04
2023-09-06 $11.05
2023-09-05 $11.07
2023-09-01 $11.10
2023-08-31 $11.05 0.0449
2023-08-30 $11.10
2023-08-29 $11.09
2023-08-28 $11.01
2023-08-25 $10.97
2023-08-24 $10.94
2023-08-23 $11.00
2023-08-22 $10.92
2023-08-21 $10.92
2023-08-18 $10.91
2023-08-17 $10.90
2023-08-16 $10.95
2023-08-15 $10.96
2023-08-14 $11.02
2023-08-11 $11.01
2023-08-10 $11.04
2023-08-09 $11.03
2023-08-08 $11.05
2023-08-04 $11.02
2023-08-03 $10.99
2023-08-02 $11.02
2023-08-01 $11.10
2023-07-31 $11.09 0.0449
2023-07-28 $11.14
2023-07-27 $11.08
2023-07-26 $11.12
2023-07-25 $11.11
2023-07-24 $11.09
2023-07-21 $11.10
2023-07-20 $11.09
2023-07-19 $11.14
2023-07-18 $11.12
2023-07-17 $11.07
2023-07-14 $11.08
2023-07-13 $11.05
2023-07-12 $11.00
2023-07-11 $10.95
2023-07-10 $10.93
2023-07-07 $10.92
2023-07-06 $10.94
2023-07-05 $10.99
2023-07-04 $11.00
2023-06-30 $11.00 0.0449
2023-06-29 $10.98
2023-06-28 $10.99
2023-06-27 $10.95
2023-06-26 $10.92
2023-06-23 $10.94
2023-06-22 $10.97
2023-06-21 $11.00
2023-06-20 $11.02
2023-06-19 $11.02
2023-06-16 $11.03
2023-06-15 $11.07
2023-06-14 $11.03
2023-06-13 $10.99
2023-06-12 $11.00
2023-06-09 $10.95
2023-06-08 $10.95
2023-06-07 $10.91
2023-06-06 $10.98
2023-06-05 $10.98
2023-06-02 $10.99
2023-06-01 $10.97
2023-05-31 $10.93 0.0449
2023-05-30 $11.00
2023-05-29 $11.00
2023-05-26 $11.02
2023-05-25 $10.96
2023-05-24 $10.95
2023-05-23 $10.97
2023-05-19 $11.05
2023-05-18 $11.05
2023-05-17 $11.04
2023-05-16 $11.02
2023-05-15 $11.07
2023-05-12 $11.06
2023-05-11 $11.05
2023-05-10 $11.04
2023-05-09 $11.02
2023-05-08 $11.02
2023-05-05 $11.04
2023-05-04 $11.04
2023-05-03 $11.07
2023-05-02 $11.07
2023-05-01 $11.07
2023-04-28 $11.08 0.0449
2023-04-27 $11.11
2023-04-26 $11.07
2023-04-25 $11.08
2023-04-24 $11.11
2023-04-21 $11.10
2023-04-20 $11.08
2023-04-19 $11.07
2023-04-18 $11.08
2023-04-17 $11.06
2023-04-14 $11.05
2023-04-13 $11.07
2023-04-12 $11.06
2023-04-11 $11.05
2023-04-10 $11.05
2023-04-06 $11.05
2023-04-05 $11.04
2023-04-04 $11.06
2023-04-03 $11.06
2023-03-31 $11.01 0.0449
2023-03-30 $10.99
2023-03-29 $10.95
2023-03-28 $10.92
2023-03-27 $10.94
2023-03-24 $10.95
2023-03-23 $10.95
2023-03-22 $10.93
2023-03-21 $10.95
2023-03-20 $10.89
2023-03-17 $10.90
2023-03-16 $10.92
2023-03-15 $10.88
2023-03-14 $10.94
2023-03-13 $10.91
2023-03-10 $10.95
2023-03-09 $10.98
2023-03-08 $11.03
2023-03-07 $11.00
2023-03-06 $11.05
2023-03-03 $11.05
2023-03-02 $10.96
2023-03-01 $10.96
2023-02-28 $10.95 0.0449
2023-02-27 $10.98

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