Overview

Daily NAV
$10.76
-0.23% ($0.02)
October 28, 2024
  • Inception Date
    May 4, 2023
  • Fund Size
    $18.64MM
  • Management Fee
    0.95%
  • Performance Fee
    20.00% ^
  • Fund Strategy
    Multi-Asset Strategy
  • Fund Framework
    Alternative Mutual Fund (Simplified Prospectus)

Risk: High

Low
Low to Medium
Medium
Medium to High
High

^ of performance above Non-Seasonally Adjusted Consumer Price Index published by Statistics Canada published by Statistics Canada, plus applicable tax. For purposes of calculating the performance fee in respect of the Fund, a daily extrapolated Consumer Price Index shall be used as further described the Fund’s simplified prospectus. The Manager shall not adjust the daily extrapolated Consumer Price Index levels used for calculating the performance fee once the actual Consumer Price Index information is published by Statistics Canada. The Manager has waived performance fee for the Fund until April 30, 2024, but has reserved the option of extending the waiver or discontinuing after this date.

Investment Objective

The investment objective of the Fund is to provide exposure to an actively managed, diversified portfolio that invests in long and short positions in asset classes that collectively seek to generate positive returns from rising inflation and applies risk management tools to actively adjust exposures in the Fund.

Why Invest

A TRUE INFLATION SOLUTION
The Fund invests in an actively managed portfolio comprised of securities across a variety of asset classes identified as attractive inflation investment opportunities.
A STRATEGIC ALLOCATION IN YOUR PORTFOLIO
Seek to diversify a portfolio of traditional assets and mitigate portfolio losses in inflationary environments.AN ACTIVELY MANAGED SOLUTION FOR DIFFERENT INFLATION CYCLES
Desire a dedicated inflation solution that actively manages its exposures in different inflation cycles.

Performance As at September 30, 2024

Growth of $10,000

Investment value: $10,868.36 at September 30, 2024

Compound Returns

1 mth 3 mths 6 mths YTD 1 yr 3 yrs * 5 yrs * 10 yrs * Since Inception *
Picton Mahoney Fortified Inflation Opportunities Alternative Fund F 2.50% 2.33% 2.23% 8.00% 6.75% 6.08%
Series Picton Mahoney Fortified Inflation Opportunities Alternative Fund F
1 mth 2.50%
3 mths 2.33%
6 mths 2.23%
YTD 8.00%
1 yr 6.75%
3 yrs *
5 yrs *
10 yrs *
Since Inception * 6.08%

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.

Risk Measures

Risk And Return Statistics Fund Benchmark **
Annualized Return 6.08% 9.16%
Annualized Standard Deviation 5.59% 14.04%
Sharpe Ratio 0.53 0.40
Beta 0.21
Upside Capture Ratio 27.31%
Downside Capture Ratio -8.29%
Maximum Drawdown -5.90% -14.68%
Peak Value Date of Maximum Drawdown 2024-04-19 2023-09-14
Trough Value Date of Maximum Drawdown 2024-08-06 2023-12-12

**S&P GSCI Total Return Index (Hedged to CAD)

Portfolio Allocations As at September 30, 2024

Dollar Allocation

Colours Name Weight
Energy 7.12%
Industrial Metals 16.11%
Precious Metals 34.21%
Grains 11.35%
Soft commodities 22.46%
Short Government Bond Futures 6.89%
Duration Hedged TIPS 16.23%
Energy Transition 1.17%

Risk Allocation

Colours Name Weight
Energy 1.94%
Industrial Metals 1.62%
Precious Metals 3.87%
Grains 1.42%
Soft commodities 1.96%
Short Government Bond Futures 0.27%
Duration Hedged TIPS 0.19%
Energy Transition 0.72%

Fees

Series Management Fee Fund codes
Class A 1.95% PIC 3700
Class F 0.95% PIC 3701

Historical Net Asset Values

Start Date

End Date

Effective Date Net Asset Value Distributions
2024-10-28 $10.76
2024-10-25 $10.78
2024-10-24 $10.78
2024-10-23 $10.76
2024-10-22 $10.78
2024-10-21 $10.72
2024-10-18 $10.71
2024-10-17 $10.69
2024-10-16 $10.68
2024-10-15 $10.67
2024-10-11 $10.75
2024-10-10 $10.70
2024-10-09 $10.63
2024-10-08 $10.63
2024-10-07 $10.72
2024-10-04 $10.72
2024-10-03 $10.71
2024-10-02 $10.70
2024-10-01 $10.69
2024-09-30 $10.65
2024-09-27 $10.67
2024-09-26 $10.70
2024-09-25 $10.66
2024-09-24 $10.63
2024-09-23 $10.53
2024-09-20 $10.48
2024-09-19 $10.47
2024-09-18 $10.44
2024-09-17 $10.43
2024-09-16 $10.42
2024-09-13 $10.42
2024-09-12 $10.36
2024-09-11 $10.29
2024-09-10 $10.25
2024-09-09 $10.28
2024-09-06 $10.23
2024-09-05 $10.31
2024-09-04 $10.31
2024-09-03 $10.34
2024-08-30 $10.39
2024-08-29 $10.42
2024-08-28 $10.39
2024-08-27 $10.42
2024-08-26 $10.41
2024-08-23 $10.37
2024-08-22 $10.32
2024-08-21 $10.36
2024-08-20 $10.37
2024-08-19 $10.37
2024-08-16 $10.35
2024-08-15 $10.32
2024-08-14 $10.29
2024-08-13 $10.30
2024-08-12 $10.34
2024-08-09 $10.29
2024-08-08 $10.27
2024-08-07 $10.24
2024-08-06 $10.22
2024-08-02 $10.26
2024-08-01 $10.31
2024-07-31 $10.32
2024-07-30 $10.27
2024-07-29 $10.26
2024-07-26 $10.28
2024-07-25 $10.29
2024-07-24 $10.35
2024-07-23 $10.34
2024-07-22 $10.36
2024-07-19 $10.34
2024-07-18 $10.46
2024-07-17 $10.46
2024-07-16 $10.47
2024-07-15 $10.45
2024-07-12 $10.48
2024-07-11 $10.49
2024-07-10 $10.44
2024-07-09 $10.46
2024-07-08 $10.46
2024-07-05 $10.55
2024-07-04 $10.51
2024-07-03 $10.51
2024-07-02 $10.46
2024-06-28 $10.41
2024-06-27 $10.39
2024-06-26 $10.37
2024-06-25 $10.39
2024-06-24 $10.42
2024-06-21 $10.42
2024-06-20 $10.50
2024-06-19 $10.49
2024-06-18 $10.48
2024-06-17 $10.44
2024-06-14 $10.49
2024-06-13 $10.52
2024-06-12 $10.56
2024-06-11 $10.50
2024-06-10 $10.52
2024-06-07 $10.52
2024-06-06 $10.65
2024-06-05 $10.59
2024-06-04 $10.61
2024-06-03 $10.68
2024-05-31 $10.69
2024-05-30 $10.74
2024-05-29 $10.79
2024-05-28 $10.81
2024-05-27 $10.75
2024-05-24 $10.74
2024-05-23 $10.73
2024-05-22 $10.78
2024-05-21 $10.84
2024-05-17 $10.77
2024-05-16 $10.70
2024-05-15 $10.70
2024-05-14 $10.67
2024-05-13 $10.66
2024-05-10 $10.68
2024-05-09 $10.63
2024-05-08 $10.62
2024-05-07 $10.64
2024-05-06 $10.63
2024-05-03 $10.59
2024-05-02 $10.57
2024-05-01 $10.59
2024-04-30 $10.65
2024-04-29 $10.72
2024-04-26 $10.81
2024-04-25 $10.80
2024-04-24 $10.78
2024-04-23 $10.76
2024-04-22 $10.78
2024-04-19 $10.86
2024-04-18 $10.79
2024-04-17 $10.78
2024-04-16 $10.84
2024-04-15 $10.81
2024-04-12 $10.79
2024-04-11 $10.73
2024-04-10 $10.72
2024-04-09 $10.70
2024-04-08 $10.70
2024-04-05 $10.70
2024-04-04 $10.62
2024-04-03 $10.60
2024-04-02 $10.52
2024-04-01 $10.46
2024-03-28 $10.42
2024-03-27 $10.33
2024-03-26 $10.34
2024-03-25 $10.37
2024-03-22 $10.31
2024-03-21 $10.35
2024-03-20 $10.30
2024-03-19 $10.32
2024-03-18 $10.33
2024-03-15 $10.28
2024-03-14 $10.26
2024-03-13 $10.25
2024-03-12 $10.20
2024-03-11 $10.21
2024-03-08 $10.16
2024-03-07 $10.16
2024-03-06 $10.12
2024-03-05 $10.08
2024-03-04 $10.10
2024-03-01 $10.08
2024-02-29 $10.02
2024-02-28 $10.01
2024-02-27 $10.05
2024-02-26 $10.00
2024-02-23 $9.95
2024-02-22 $9.97
2024-02-21 $9.97
2024-02-20 $9.95
2024-02-16 $9.94
2024-02-15 $9.93
2024-02-14 $9.91
2024-02-13 $9.94
2024-02-12 $9.97
2024-02-09 $9.98
2024-02-08 $9.97
2024-02-07 $9.95
2024-02-06 $9.92
2024-02-05 $9.90
2024-02-02 $9.89
2024-02-01 $9.94
2024-01-31 $9.96
2024-01-30 $9.95
2024-01-29 $9.91
2024-01-26 $9.91
2024-01-25 $9.90
2024-01-24 $9.89
2024-01-23 $9.87
2024-01-22 $9.82
2024-01-19 $9.81
2024-01-18 $9.78
2024-01-17 $9.74
2024-01-16 $9.79
2024-01-15 $9.80
2024-01-12 $9.80
2024-01-11 $9.77
2024-01-10 $9.76
2024-01-09 $9.79
2024-01-08 $9.75
2024-01-05 $9.82
2024-01-04 $9.82
2024-01-03 $9.82
2024-01-02 $9.85
2023-12-29 $9.86 0.2039
2023-12-28 $10.11
2023-12-27 $10.13
2023-12-22 $10.08
2023-12-21 $10.05
2023-12-20 $10.06
2023-12-19 $10.09
2023-12-18 $10.05
2023-12-15 $10.04
2023-12-14 $10.03
2023-12-13 $9.94
2023-12-12 $9.96
2023-12-11 $9.98
2023-12-08 $9.99
2023-12-07 $10.00
2023-12-06 $9.99
2023-12-05 $10.04
2023-12-04 $10.07
2023-12-01 $10.12
2023-11-30 $10.14
2023-11-29 $10.13
2023-11-28 $10.12
2023-11-27 $10.06
2023-11-24 $10.09
2023-11-23 $10.13
2023-11-22 $10.13
2023-11-21 $10.17
2023-11-20 $10.14
2023-11-17 $10.11
2023-11-16 $10.11
2023-11-15 $10.15
2023-11-14 $10.13
2023-11-13 $10.15
2023-11-10 $10.08
2023-11-09 $10.12
2023-11-08 $10.10
2023-11-07 $10.11
2023-11-06 $10.19
2023-11-03 $10.17
2023-11-02 $10.18
2023-11-01 $10.15
2023-10-31 $10.16
2023-10-30 $10.17

Portfolio Management

Neil Simons

Portfolio Manager, Multi-Asset Strategies

Michael White, CFA

Portfolio Manager, Multi-Asset Strategies

Dashmeet Singh, CFA

Portfolio Manager & Director, Quantitative Research/Risk