Picton Mahoney Asset Management (“Picton Mahoney”) is proud to announce that it has won a FundGrade A+® award for the Picton Mahoney Fortified Market Neutral Alternative Fund in recognition of consistent historical performance.
Winning fund
|
Fund Name |
CIFSC Category |
Fund Count |
FundGrade |
FundGrade |
||||
|
Picton Mahoney Fortified |
Alternative Market Neutral |
12 |
2019-01-31 |
2023-12-31 |
The annual FundGrade A+ awards are presented by Fundata Canada Inc. to Canadian investment funds that have demonstrated exceptional and consistent risk-adjusted performance over the previous calendar year. Approximately six percent of investment funds available in Canada receive an A+ rating.
Picton Mahoney’s proprietary Fortified Investing approach features a proven rules-based technique that focuses on managing risk by mitigating downside exposure while seeking to build long-term growth, regardless of market conditions.
“We are pleased to receive the FundGrade A+® award for the Picton Mahoney Fortified Market Neutral Alternative Fund,” said David Picton, President and CEO. “Our investment team is committed to delivering value to our clients in all environments, and the last few years have been a great test for the value our disciplined investment process can provide. We remain committed to helping investors reach their financial goals with greater certainty.”
The FundGrade calculation date for the award is December 31, 2023.
About Fundata Canada Inc.
Fundata Canada Inc. has been providing data aggregation and dissemination services to the Canadian media and financial marketplace since 1987. Fundata is a major provider in the distribution of fund and stock information in Canada.
About FundGrade
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by the Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from two to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata. FundGrade ratings are subject to change every month.
Picton Mahoney Fortified Market Neutral Alternative Fund was recognized for outstanding fund performance at the 2023 Fundata FundGrade A+ awards in the Alternative Market Neutral category out of a total of 12 funds.
Performance for the Picton Mahoney Fortified Market Neutral Alternative Fund Series A for the period ended December 31, 2023, is as follows: 1 year, 1.88%; 3 years*, 3.86%; 5 years*, 6.44%; and since inception*, 6.02%. Inception date: Sept. 27, 2018.
Performance for Picton Mahoney Fortified Market Neutral Alternative Fund Series F for the period ended December 31, 2023, is as follows: 1 year, 2.83%; 3 years*, 4.79%; 5 years*, 7.40%; and since inception*, 6.98% Inception date: Sept. 27, 2018.
Performance for Picton Mahoney Fortified Market Neutral Alternative Fund Series ETF for the period ended December 31, 2023, is as follows: 1 year, 2.85%; 3 years*, 4.82%; and since inception*, 7.09% Inception date: July. 12, 2019.
Performance for Picton Mahoney Fortified Market Neutral Alternative Fund Series FT for the period ended December 31, 2023, is as follows: 1 year, 2.86%; and since inception*, 4.06% Inception date: July. 13, 2021.
*Performance refers to average annualized performance.
About Picton Mahoney
Picton Mahoney Asset Management specializes in differentiated investment solutions and rules-based volatility management. Picton Mahoney helps its clients fortify their portfolios based on experience honed over the years through different market cycles and investing environments.
Founded in 2004 and 100% employee-owned, Picton Mahoney is a portfolio management boutique entrusted with approximately CA$9.9 billion (as at December 31, 2023) in assets under management. Pioneers of Authentic Hedge® investment principles and practices in Canada, the firm offers a full suite of investment solutions, including mutual and alternative funds, to institutional and retail investors across the country.
Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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