Picton Mahoney Asset Management Closes Picton Mahoney Arbitrage Plus Fund and Picton Mahoney Fortified Arbitrage Plus Alternative Fund to New Investors Français
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TORONTO, Jan. 25, 2021 /CNW/ - Picton Mahoney Asset Management ("Picton Mahoney"), today announced that as of January 29, 2021, Picton Mahoney Arbitrage Plus Fund and Picton Mahoney Fortified Arbitrage Plus Alternative Fund (each, a "Fund") will be closed to new investors to manage capacity. Existing unitholders of a Fund will continue to be able to make investments into that Fund after the cap is implemented.
Purchase orders by new investors submitted on or before 4:00 p.m. ET on January 29, 2021 will be processed.
About Picton Mahoney Asset Management
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 over $8.2 billion (as at December 31, 2020) 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. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Alternative funds can only be purchased through a registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale.
SOURCE Picton Mahoney Asset Management
Michael Lynds, Managing Director, Head of Retail Business, Picton Mahoney Asset Management, website: www.pictonmahoney.com, email: [email protected].
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