• NAV
    9.97
  • TODAY'S CHANGE (%)
    Trending Up0.01 (0.05%)
  • Investment Style
    ---
  • 52 Week Range
    Low 9.54
    High 10.03
  • Distribution Yield
    4.22%
  • MER
    1.73
  • AUM
    1.2B
  • RRSP Eligibility
    Yes
  • Load Type
    No Load
  • Overall Morningstar Rating
    Please Note: Not Ratedout of funds

Search Criteria

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CompanyCountrySymbol
Select growth of 10k Options
Graph. See accessible table below
Growth of 10K Chart Accessibility Table. Data as Of Sep 30, 2024
DatePercent Change
September 20240.28%
August 20240.27%
July 20240.26%
June 20240.25%
May 20240.24%
April 20240.23%
March 20240.23%
February 20240.22%
January 20240.22%
December 20230.21%
November 20230.19%
October 20230.17%
September 20230.17%
August 20230.17%
July 20230.17%
June 20230.17%
May 20230.16%
April 20230.16%
March 20230.14%
February 20230.15%
January 20230.15%
December 20220.13%
November 20220.13%
October 20220.12%
September 20220.12%
August 20220.14%
July 20220.14%
June 20220.11%
May 20220.13%
April 20220.15%
March 20220.15%
February 20220.16%
January 20220.17%
December 20210.17%
November 20210.17%
October 20210.17%
September 20210.17%
August 20210.17%
July 20210.17%
June 20210.17%
May 20210.17%
April 20210.16%
March 20210.16%
February 20210.15%
January 20210.14%
December 20200.13%
November 20200.12%
October 20200.10%
September 20200.09%
August 20200.08%
July 20200.07%
June 20200.05%
May 20200.02%
April 20200.02%
March 2020-0.01%
February 20200.06%
January 20200.05%
December 20190.04%
November 20190.03%
October 20190.03%
September 20190.02%
August 20190.01%
July 20190.00%
No reports available

Calendar Year Total Returns

Total Returns Table
YearFundBest-Fit IndexCategory
As of 2024-10-31
2023
+6.79%
---
---
2022
-3.30%
---
---
2021
+3.77%
---
---
2020
+8.74%
---
---
2019
---
---
---
Asset Class
Asset Class
Fixed Income
67.3%
Other
28.5%
Cash
4.2%
CDN Equity
0
Int'l Equity
0
US Equity
0
Sectors
No data available
Geographic Region
Geographic Region
No data available
As of 2024-11-12
Top 10 Holdings
Company Name sortablePosition sortableAllocation sortable
Allocation
1 Month Change
sortable
Market Value sortable
CanadaParkland Corporation 4.375%
Long
2.4%
+53.58%
$26.4M
United StatesRoyal Bank of Canada
Long
2.2%
0.00%
$24.7M
United StatesPrime Healthcare Services Inc 7.25%
Long
2.1%
+39.21%
$23.0M
CanadaThe Toronto-Dominion Bank
Long
2.0%
0.00%
$21.9M
United StatesAcadia Healthcare Company, Inc. 5.5%
Long
1.8%
-23.63%
$19.7M
CanadaManitoulin Usd Frn 10Nov27
Long
1.8%
0.00%
$19.5M
CanadaMattr Corp. 7.25%
Long
1.8%
---
$19.4M
CanadaEnbridge Inc.
Long
1.7%
+46.50%
$19.2M
CanadaSECURE Energy Services Inc. 6.75%
Long
1.7%
---
$18.7M
United StatesRogers Communications Inc.
Long
1.7%
-1.29%
$18.6M
As of 2024-11-11
Fund Profile
Best Fit Index
---
Category
Alternative Credit Focused
Sponsor
Picton Mahoney Asset Management
Inception
July 10, 2019
As of 2024-06-30

The investment objective of 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. The Fund invests its assets primarily in North America but can invest up to 100% of its assets globally in long and short positions in high yield bonds, investment grade corporate bonds, government bonds, emerging market bonds, loans, convertible bonds, convertible debentures, preferred shares, options, futures, forward contracts, swaps, swaptions, short-term debt instruments, distressed debt, collateral loan obligations, mortgage-backed securities, asset-backed securities, cash and cash equivalents, equities, ETFs and other mutual funds.

Holding Details
Total Net Assets$747.9M
Annual Portfolio Turnover107.32%
Equity Style
---
Credit Quality / Duration
---
Tax-Adjusted Rating
Please Note: Not Rated
FUND IS OPEN TO NEW INVESTORS
Initial Investment(s)$2,000
Subsequent Investment(s)$500
Initial RRSP Investment(s)$2,000
Subsequent RRSP Investment(s)$500
Fees & Expenses
Maximum Initial Sales Fees---
Maximum Deferred Sales Fees---
Actual Management Fee0.95%
Actual Mgmt. Expense Ratio (MER)1.73%
Load TypeNo Load

Morningstar Ratings

Morningstar Ratings Table
Time HorizonStar Rating
Tax-Adjusted Rating
OverallPlease Note: Not Rated---No Tax-Adjusted Rating Available
3 YearPlease Note: Not Rated---No Tax-Adjusted Rating Available
5 YearPlease Note: Not Rated---No Tax-Adjusted Rating Available
10 YearPlease Note: Not Rated---No Tax-Adjusted Rating Available
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

Management & Contact

Contact Information

Picton Mahoney Asset Management
33 Yonge Street, Suite 830
Toronto ON Canada M5E 1G4
Tel: 1 (416) 955-4108
Fax: 416 955 4100
Portfolio Manager since July 10, 2019
Philip Mesman