Try Fund Library Premium
For Free with a 30 day trial!
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-11-2025) |
$9.60 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at October 31, 2025
As at September 30, 2025
Loading...
Inception Return (July 05, 2019): 4.06%
| 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 | 0.32% | 1.71% | 3.58% | 4.79% | 5.64% | 7.53% | 6.14% | 3.07% | 3.54% | 3.94% | - | - | - | - |
| Benchmark | 0.76% | 2.95% | 2.31% | 3.54% | 4.56% | 7.78% | 5.04% | 0.95% | 0.00% | 1.05% | 2.33% | 1.97% | 1.68% | 2.08% |
| Category Average | 0.32% | 1.94% | 4.48% | 4.97% | 6.23% | 8.87% | 7.34% | 4.00% | 4.51% | 4.45% | - | - | - | - |
| Category Rank | 73 / 146 | 78 / 140 | 93 / 135 | 70 / 132 | 70 / 126 | 73 / 110 | 68 / 92 | 64 / 87 | 49 / 64 | 23 / 35 | - | - | - | - |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.32% | 0.49% | 0.40% | 0.63% | 0.24% | -0.10% | 0.69% | 0.56% | 0.58% | 0.80% | 0.58% | 0.32% |
| Benchmark | 1.51% | -0.52% | 1.13% | 1.14% | -0.29% | -0.77% | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% |
2.86% (April 2020)
-7.18% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 7.53% | 2.78% | -4.29% | 5.69% | 6.58% |
| Benchmark | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% |
| Category Average | - | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% |
| Quartile Ranking | - | - | - | - | - | 2 | 3 | 3 | 3 | 3 |
| Category Rank | - | - | - | - | - | 17/ 36 | 33/ 64 | 56/ 87 | 73/ 105 | 75/ 111 |
7.53% (2020)
-4.29% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 72.53 |
| Foreign Corporate Bonds | 22.09 |
| Mortgages | 2.52 |
| US Equity | 2.30 |
| Canadian Equity | 1.41 |
| Name | Percent |
|---|---|
| Fixed Income | 97.01 |
| Telecommunications | 1.58 |
| Mutual Fund | 1.03 |
| Energy | 0.98 |
| Real Estate | 0.68 |
| Name | Percent |
|---|---|
| North America | 97.75 |
| Europe | 1.20 |
| Multi-National | 1.03 |
| Latin America | 0.52 |
| Name | Percent |
|---|---|
| CAD Currency | 4.95 |
| Chemtrade Logistics Inc 6.38% 28-Aug-2029 | 2.23 |
| Mattamy Group Corp 4.63% 01-Mar-2028 | 2.21 |
| Sleep Country Canada Hldgs Inc 6.63% 28-Nov-2032 | 1.97 |
| Parkland Corp 4.38% 26-Mar-2029 | 1.94 |
| goeasy Ltd 6.00% 15-May-2030 | 1.86 |
| ATS Corp 6.50% 21-Aug-2032 | 1.83 |
| iA Financial Corp Inc 6.61% 30-Jun-2082 | 1.77 |
| Enbridge Inc 5.00% 19-Oct-2031 | 1.69 |
| Coeur Mining Inc 5.13% 15-Feb-2029 | 1.60 |
PICTON Long Short Income Alternative Fund Class A
Median
Other - Alternative Credit Focus
| Standard Deviation | 2.31% | 2.92% | - |
|---|---|---|---|
| Beta | 0.23% | 0.25% | - |
| Alpha | 0.05% | 0.03% | - |
| Rsquared | 0.30% | 0.26% | - |
| Sharpe | 0.88% | 0.30% | - |
| Sortino | 2.60% | 0.26% | - |
| Treynor | 0.09% | 0.03% | - |
| Tax Efficiency | 69.98% | 46.09% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.84% | 2.31% | 2.92% | - |
| Beta | 0.07% | 0.23% | 0.25% | - |
| Alpha | 0.05% | 0.05% | 0.03% | - |
| Rsquared | 0.06% | 0.30% | 0.26% | - |
| Sharpe | 3.23% | 0.88% | 0.30% | - |
| Sortino | 7.09% | 2.60% | 0.26% | - |
| Treynor | 0.41% | 0.09% | 0.03% | - |
| Tax Efficiency | 72.18% | 69.98% | 46.09% | - |
| Start Date | July 05, 2019 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,477 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC3500 |
The investment objective of the Picton Mahoney Fortified Income Alternative Fund (the “Fund”) is to maximize total return to unitholders through income and capital appreciation by investing primarily in global fixed income securities while mitigating capital loss through shorting and other hedging strategies.
To achieve the investment objective, the Fund invests in an actively managed portfolio composed primarily of North American corporate debt securities. The Fund may also invest in government bonds, loans (including floating rate loans, senior loans, unsecured loans and distressed securities), convertible bonds and derivatives. The Fund may invest no more than 5% of its portfolio in preferred shares and equities.
| Portfolio Manager |
Picton Mahoney Asset Management |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Picton Mahoney Asset Management |
|---|---|
| Custodian |
RBC Investor Services Trust |
| Registrar |
RBC Investor Services Trust |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 0 |
| PAC Subsequent | 0 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 4.07% |
|---|---|
| Management Fee | 1.95% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
