Liquid Alternatives: Picton Mahoney Launches Liquid Alternative Fund In Mutual Fund And ETF Formats

May 16, 2022 | Liquid Alternatives, News
https://dailyalts.com/wp-content/uploads/2022/05/fuel-gcfd419e70_640.jpg

The ETF is intended to help Canadian investors manage rising interest rates, inflation and equity market volatility.

Picton Mahoney Asset Management launched the new Picton Mahoney Fortified Alpha Alternative Fund earlier this month. A liquid alternative fund, it is available in five classes of units, namely, Class A, Class F, Class FT, Class I and ETF units, and aims to provide consistent long-term capital appreciation to unitholders with an attractive risk-adjusted rate of return. (BusinessWire)

The Class A, Class F, Class FT, Class I are mutual funds, while the ETF units commenced trading on the Toronto Stock Exchange on May 9.

Picton Mahoney Fortified Alpha Alternative Fund

Over the past 30 years, traditional investments in equity and fixed income markets have served investors well,” said David Picton, President and CEO, Picton Mahoney. “Going forward, however, we believe that these investments will likely generate lower returns than investors have come to expect given the ‘pull forward’ of returns over the past few years along with the need for central bankers to remove excess accommodation from the financial system.”

“Our latest alternative fund offering is designed for investors who are seeking an investment that will diversify more traditional stock and bond portfolios,” added Picton. “It provides exposure to equity market neutral, special situations in the credit markets and merger arbitrage strategies in a capital-efficient manner. The fund aims to generate uncorrelated returns that can also compete with returns available in equity markets.”

Furthermore, the fund is also geared to minimize downside exposure while at the same time pursuing long-term growth regardless of market conditions through the use of Picton Mahoney’s patented Fortified Investing approach, which is a rules-based methodology to risk management.

Related Story: Picton Mahoney Launches New Long Short Alternative Fund

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/09/0deafbe2-9873-4d57-aaaf-ecb37a567e1a__IC21947.jpg
Digital Assets: 1% Of Chileans Sign Up For Worldcoin; Rush Seen In Argentina, Too
September 28, 2023     Digital Assets, News

Worldcoin, the innovative biometric wallet and ID project, is making significant waves in Chile as it surpasses a remarkable milestone. The organization has reported that over 200,000 Chileans have embraced…

https://dailyalts.com/wp-content/uploads/2023/09/1695822001308.jpg
FinTech: Atom Bank And Kamma To Partner For Greening UK Mortgage Assets
September 28, 2023     ESG and Sustainability, FinTech, News, Real Estate

Atom bank and Kamma have formed a significant partnership aimed at addressing the pressing concerns of climate change. This collaboration brings together Atom bank’s cutting-edge banking technology with Kamma’s climate…

https://dailyalts.com/wp-content/uploads/2023/09/0_onaeojfgCZeyNabT.jpg
Venture Capital: Slope, A B2B Solutions Provider Backed By Sam Altman, Scores $30M Funding

Slope, a two-year-old AI startup based in San Francisco, has secured a substantial $30 million equity round led by Union Square Ventures and featuring participation from OpenAI’s CEO, Sam Altman….

https://dailyalts.com/wp-content/uploads/2023/09/32215763362_b62ef08e5f_c.jpg
Artificial Intelligence: Palantir Awarded $250M Contract By US Department Of Defense For AI R&D
September 28, 2023     Artificial Intelligence, Latest News, News

Palantir Technologies Inc. (NYSE: PLTR) has secured a significant contract worth $250 million with the US Defense Department. The primary focus of this contract is the research and development of…