Key stats
About PICTON MAHNY FORTFD MLTI STR ALT FD ETF UNIT
Expense ratio
4.04%
Home page
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
What's in the fund
Exposure type
Mutual fund
ETF
Stocks39.82%
Finance8.79%
Technology Services3.43%
Energy Minerals2.18%
Non-Energy Minerals2.05%
Retail Trade1.77%
Utilities1.62%
Electronic Technology1.35%
Transportation1.26%
Distribution Services1.25%
Industrial Services1.09%
Consumer Services1.00%
Producer Manufacturing0.94%
Health Technology0.71%
Communications0.52%
Consumer Durables0.41%
Consumer Non-Durables0.28%
Process Industries0.28%
Miscellaneous0.24%
Commercial Services0.22%
Health Services0.18%
Bonds, Cash & Other60.18%
Mutual fund57.60%
ETF32.70%
Cash4.50%
Futures1.35%
Rights & Warrants0.18%
Miscellaneous−36.15%