Key stats
About PICTON MAHONEY FORTIF ALPHA ALTE FD ETF UNIT
Home page
Inception date
May 9, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Picton Mahoney Asset Management
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Corporate
Cash
Stocks67.81%
Finance12.81%
Technology Services5.59%
Industrial Services3.65%
Non-Energy Minerals3.53%
Utilities2.86%
Electronic Technology2.64%
Retail Trade2.40%
Energy Minerals1.97%
Transportation1.81%
Commercial Services1.57%
Health Technology1.06%
Consumer Services1.02%
Producer Manufacturing0.98%
Consumer Non-Durables0.91%
Distribution Services0.91%
Consumer Durables0.66%
Process Industries0.52%
Health Services0.31%
Communications0.26%
Bonds, Cash & Other32.19%
Corporate52.55%
Cash27.66%
Government0.78%
UNIT0.11%
Securitized0.11%
Mutual fund0.10%
Rights & Warrants0.00%
Miscellaneous−49.14%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFAA last dividends amounted to 0.03 CAD. The year before, the issuer paid 0.03 CAD in dividends, which shows a 17.68% increase.
PFAA assets under management is 215.22 M CAD. It's risen 7.35% over the last month.
PFAA fund flows account for 98.79 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PFAA pays dividends to its holders with the dividend yield of 1.00%. The last dividend (May 30, 2025) amounted to 0.03 CAD. The dividends are paid annually.
PFAA shares are issued by Picton Mahoney Asset Management under the brand Picton Mahoney. The ETF was launched on May 9, 2022, and its management style is Active.
PFAA expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
PFAA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFAA invests in stocks.
PFAA price has risen by 1.43% over the last month, and its yearly performance shows a 9.14% increase. See more dynamics on PFAA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.28% over the last month, showed a 1.98% increase in three-month performance and has increased by 9.35% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.28% over the last month, showed a 1.98% increase in three-month performance and has increased by 9.35% in a year.
PFAA trades at a premium (0.92%) meaning the ETF is trading at a higher price than the calculated NAV.