Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
PICTON Multi-Strategy Alternative Fund Class A
Alternative Multi-Stratgy
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$15.60 |
|---|---|
| Change |
-$0.01
(-0.09%)
|
As at April 30, 2026
As at November 30, 2025
Loading......
Legend
Compare Options
Fund Returns
Inception Return (September 27, 2018): 6.10%
| 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 | 3.60% | 2.66% | 7.15% | 6.26% | 18.37% | 13.44% | 10.36% | 6.39% | 5.70% | 8.80% | 6.23% | - | - | - |
| Benchmark | 3.81% | 7.00% | 13.54% | 7.89% | 40.10% | 28.50% | 21.54% | 16.52% | 15.51% | 18.30% | 14.14% | 13.56% | 12.35% | 12.61% |
| Category Average | 2.84% | 2.01% | 5.47% | 4.12% | 14.95% | 7.85% | 6.97% | 5.01% | 3.94% | 5.44% | 4.28% | - | - | - |
| Category Rank | 40 / 136 | 45 / 133 | 28 / 128 | 28 / 131 | 28 / 112 | 16 / 89 | 14 / 70 | 24 / 50 | 16 / 44 | 8 / 40 | 13 / 34 | - | - | - |
| Quartile Ranking | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.59% | 1.77% | 0.02% | 1.80% | 3.15% | 1.72% | 0.30% | 0.53% | 3.51% | 1.64% | -2.51% | 3.60% |
| Benchmark | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% |
Best Monthly Return Since Inception
7.04% (November 2020)
Worst Monthly Return Since Inception
-11.77% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 8.72% | 6.53% | 9.02% | -5.80% | 0.92% | 11.02% | 14.59% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% | 5.04% | 9.01% |
| Quartile Ranking | - | - | - | 1 | 3 | 2 | 3 | 4 | 2 | 1 |
| Category Rank | - | - | - | 4/ 17 | 24/ 36 | 17/ 41 | 33/ 48 | 56/ 69 | 34/ 83 | 15/ 101 |
Best Calendar Return (Last 10 years)
14.59% (2025)
Worst Calendar Return (Last 10 years)
-5.80% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 18.13 |
| Canadian Corporate Bonds | 17.80 |
| International Equity | 17.77 |
| Foreign Corporate Bonds | 15.07 |
| Canadian Equity | 9.72 |
| Other | 21.51 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 32.94 |
| Cash and Cash Equivalent | 18.12 |
| Mutual Fund | 11.78 |
| Exchange Traded Fund | 6.23 |
| Financial Services | 5.74 |
| Other | 25.19 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 77.05 |
| Europe | 6.91 |
| Latin America | 5.91 |
| Asia | 3.48 |
| Multi-National | 3.00 |
| Other | 3.65 |
Top Holdings
| Name | Percent |
|---|---|
| PICTON Credit Opportunities Alternative Fund Cl A | 30.31 |
| Canada Government 28-Jan-2026 | 11.67 |
| PICTON Arbitrage Plus Alternative Fund Class A | 11.30 |
| United States Treasury 2.13% 15-Apr-2029 | 7.86 |
| United States Treasury 1.63% 15-Oct-2029 | 7.65 |
| United States Treasury 1.63% 15-Apr-2030 | 3.77 |
| iShares Core MSCI Europe ETF (IEUR) | 2.80 |
| Ishares MSCI Brazil ETF (EWZ) | 2.62 |
| Canada Government 25-Feb-2026 | 2.59 |
| iShares MSCI South Africa ETF (EZA) | 2.53 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
PICTON Multi-Strategy Alternative Fund Class A
Median
Other - Alternative Multi-Stratgy
3 Yr Annualized
| Standard Deviation | 6.44% | 7.74% | - |
|---|---|---|---|
| Beta | 0.44 | 0.51 | - |
| Alpha | 0.01 | -0.02 | - |
| Rsquared | 0.63% | 0.69% | - |
| Sharpe | 1.00 | 0.39 | - |
| Sortino | 1.86 | 0.52 | - |
| Treynor | 0.15 | 0.06 | - |
| Tax Efficiency | 100.00% | 100.00% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.91% | 6.44% | 7.74% | - |
| Beta | 0.32 | 0.44 | 0.51 | - |
| Alpha | 0.06 | 0.01 | -0.02 | - |
| Rsquared | 0.34% | 0.63% | 0.69% | - |
| Sharpe | 2.50 | 1.00 | 0.39 | - |
| Sortino | 5.11 | 1.86 | 0.52 | - |
| Treynor | 0.46 | 0.15 | 0.06 | - |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | - |
Fund Details
| Start Date | September 27, 2018 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $45 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC3600 |
Investment Objectives
The investment objective of the Picton Mahoney Fortified Multi-Strategy Alternative Fund (the “Fund”) is to provide consistent long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return.
Investment Strategy
The investment strategy of the Fund is global in nature and will have exposure to international markets, including emerging markets. Strategies can be implemented within and across various financial markets including global equity markets including emerging markets, global government and corporate fixed income markets, foreign exchange markets, commodity derivative markets, currency markets and volatility markets.
Portfolio Management
| Portfolio Manager |
PICTON Investments |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
PICTON Investments |
|---|---|
| Custodian |
RBC Investor Services Trust |
| Registrar |
RBC Investor Services Trust |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 0 |
| PAC Subsequent | 0 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 3.78% |
|---|---|
| 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
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
