Key stats
About PICTON MAHNY FORTFD MLTI STR ALT FD ETF UNIT
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Inception date
Jul 16, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Picton Mahoney Asset Management
The fund tactically allocates between traditional and alternative asset classes based on a short to intermediate time horizon and may employ portfolio hedges through the use of options, futures and other securities. The fund utilizes a proprietary multi-layered investment process based on modern portfolio construction technique. To determine its allocation the fund utilizes multiple strategies such as long/short positions in a variety of asset classes, including equity, fixed income, commodities, and currencies, factor risk premia strategies, by ranking groups of securities by their exposure to a factor such as momentum, and alpha processes, by investing in strategies, such as market neutral. A risk-budgeting process is also employed to weigh different components of the portfolios. To measure risk, the fund uses volatility, maximum drawdown experienced through time, tail-risk (a large loss over a short time horizon) as well as both historical and hypothetical stress tests.
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
Mutual fund
ETF
Cash
Government
Stocks60.80%
Finance9.67%
Technology Services4.22%
Industrial Services2.81%
Non-Energy Minerals2.77%
Utilities2.17%
Electronic Technology1.87%
Retail Trade1.75%
Energy Minerals1.39%
Transportation1.37%
Commercial Services1.17%
Consumer Services0.98%
Health Technology0.82%
Producer Manufacturing0.81%
Consumer Non-Durables0.79%
Distribution Services0.65%
Consumer Durables0.53%
Process Industries0.52%
Health Services0.25%
Communications0.24%
Miscellaneous0.02%
Bonds, Cash & Other39.20%
Mutual fund46.39%
ETF31.72%
Cash17.81%
Government17.77%
Rights & Warrants0.35%
UNIT0.13%
Futures−1.49%
Miscellaneous−73.48%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFMS assets under management is 5.06 M CAD. It's risen 4.91% over the last month.
PFMS fund flows account for 1.09 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.
No, PFMS doesn't pay dividends to its holders.
PFMS shares are issued by Picton Mahoney Asset Management under the brand Picton Mahoney. The ETF was launched on Jul 16, 2019, and its management style is Active.
PFMS expense ratio is 4.04% meaning you'd have to pay 4.04% of your investment to help manage the fund.
PFMS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFMS invests in funds.
PFMS price has risen by 3.30% over the last month, and its yearly performance shows a 8.69% increase. See more dynamics on PFMS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.64% over the last month, showed a 0.98% increase in three-month performance and has increased by 7.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.64% over the last month, showed a 0.98% increase in three-month performance and has increased by 7.67% in a year.
PFMS trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.