Key stats
About PICTON MAHNY FORTFD MLTI STR ALT FD ETF UNIT
Expense ratio
4.04%
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Inception date
Jul 16, 2019
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
Stocks57.65%
Finance9.87%
Technology Services4.51%
Non-Energy Minerals2.81%
Electronic Technology2.40%
Energy Minerals2.05%
Industrial Services2.04%
Retail Trade2.03%
Utilities1.97%
Transportation1.58%
Consumer Services1.09%
Distribution Services1.02%
Producer Manufacturing0.96%
Health Technology0.85%
Commercial Services0.73%
Consumer Durables0.62%
Consumer Non-Durables0.50%
Process Industries0.48%
Communications0.40%
Miscellaneous0.18%
Health Services0.13%
Bonds, Cash & Other42.35%
Mutual fund51.49%
ETF38.84%
Cash11.16%
Rights & Warrants0.23%
UNIT0.04%
Futures−0.57%
Miscellaneous−58.84%
Top 10 holdings
Dividends
Dividend payout history