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Alternative Market Neutrl
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|
NAVPS (04-30-2024) |
$11.59 |
|---|---|
| Change |
-$0.01
(-0.06%)
|
As at March 31, 2024
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Inception Return (January 17, 2019): 4.56%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.34% | 0.87% | 1.73% | 0.87% | 3.48% | 2.00% | 1.43% | 6.05% | 4.64% | - | - | - | - | - |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 1.10% | 4.60% | 4.60% | 3.73% | 7.21% | 3.35% | 0.05% | 1.49% | - | - | - | - | - | - |
| Category Rank | 23 / 24 | 23 / 23 | 22 / 23 | 23 / 23 | 22 / 23 | 21 / 23 | 17 / 19 | 7 / 12 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.27% | -0.39% | 0.11% | 0.39% | 0.85% | 0.48% | 0.04% | 0.43% | 0.38% | 0.12% | 0.42% | 0.34% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
5.48% (December 2020)
-2.97% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | 15.59% | 2.72% | 0.22% | 2.76% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% |
| Quartile Ranking | - | - | - | - | - | - | 2 | 3 | 3 | 4 |
| Category Rank | - | - | - | - | - | - | 5/ 12 | 10/ 19 | 14/ 23 | 19/ 23 |
15.59% (2020)
0.22% (2022)
Picton Mahoney Fortified Arbitrage Alternative Fund Class A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 1.53% | 4.50% | - |
|---|---|---|---|
| Beta | 0.03% | 0.11% | - |
| Alpha | 0.01% | 0.03% | - |
| Rsquared | 0.09% | 0.15% | - |
| Sharpe | -0.77% | 0.60% | - |
| Sortino | -1.18% | 0.72% | - |
| Treynor | -0.34% | 0.24% | - |
| Tax Efficiency | 54.03% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.04% | 1.53% | 4.50% | - |
| Beta | 0.03% | 0.03% | 0.11% | - |
| Alpha | 0.03% | 0.01% | 0.03% | - |
| Rsquared | 0.12% | 0.09% | 0.15% | - |
| Sharpe | -1.27% | -0.77% | 0.60% | - |
| Sortino | 0.61% | -1.18% | 0.72% | - |
| Treynor | -0.47% | -0.34% | 0.24% | - |
| Tax Efficiency | 67.61% | 54.03% | - | - |
| Start Date | January 17, 2019 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $150 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC3800 |
The fundamental investment objective of the Picton Mahoney Fortified Arbitrage Alternative Fund (the “Fund”) is to generate consistent, positive returns, with low volatility and low correlation to equity markets by investing in securities in Canada, the United States and in other foreign jurisdictions.
To achieve its investment objectives, the Manager intends for the Fund to primarily employ arbitrage strategies, which are specialized investment techniques designed to profit from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations.
| Name | Start Date |
|---|---|
| Picton Mahoney Asset Management | 04-20-2022 |
| Fund Manager | Picton Mahoney Asset Management |
|---|---|
| Advisor | Picton Mahoney Asset Management |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | - |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.54% |
|---|---|
| Management Fee | 2.00% |
| Load | Back Fee Only |
| FE Max | 2.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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