Key stats
About PICTON MAHONEY FORTIF ALPHA ALTE FD ETF UNIT
Expense ratio
0.95%
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Inception date
May 9, 2022
The fund aims to provide enhanced risk-adjusted returns by investing directly or indirectly, through other funds that may or may not be managed by the Issuer. The funds strategy is global in nature, including emerging markets, pursuing several alternative investment strategies such as equity market neutral, special situations in the credit markets, and merger arbitrage. The fund may pursue pairs trade in equities or fixed income securities attempting to gain from relative valuation differences. As a result, the portfolio may be long and short positions across global equity markets, fixed income, and other asset classes. Management of the portfolio is considered both strategic and tactical, using a risk-budgeting process to weight different components of the portfolio. The fund is different from other funds based on the increased use of derivative instruments including futures, forwards, options, swaps, short selling, and the unrestricted use of leverage.
Classification
What's in the fund
Exposure type
Finance
Corporate
Mutual fund
Stocks79.37%
Finance13.72%
Technology Services5.23%
Energy Minerals3.21%
Non-Energy Minerals3.05%
Retail Trade2.42%
Utilities2.40%
Electronic Technology2.02%
Transportation1.95%
Industrial Services1.89%
Distribution Services1.43%
Consumer Services1.39%
Producer Manufacturing1.33%
Health Technology1.26%
Communications0.72%
Consumer Durables0.56%
Consumer Non-Durables0.46%
Process Industries0.41%
Commercial Services0.36%
Miscellaneous0.31%
Health Services0.29%
Bonds, Cash & Other20.63%
Corporate51.92%
Mutual fund31.79%
Cash13.94%
ETF1.15%
Municipal0.44%
Government0.15%
Loans0.01%
Rights & Warrants−0.01%
Miscellaneous−78.75%