Picton Mahoney Asset Management Launches Three New Alternative Funds, Expands Offering to More Canadians Français
These new additions to the Fortified Fund family increase Canadian retail investors' access to sophisticated hedging expertise, improved diversification and extra tools for risk mitigation.
TORONTO, Sept. 28, 2018 /CNW/ - Today, Picton Mahoney Asset Management ("Picton Mahoney") is pleased to announce the addition of three Fortified Alternative Funds to their existing Fortified Fund family. These Fortified Alternative Funds will provide retail investors with additional access to the sophisticated hedging techniques and alternative investing strategies that Picton Mahoney has been offering since 2004.
"Today is an extremely exciting day for Picton Mahoney. We think the timing is excellent to be able to provide Canadian retail investors with more tools to better position their portfolios against the emerging headwinds of tomorrow's markets," said David Picton, President and Chief Executive Officer, Picton Mahoney. "We are pleased to expand our family of Fortified Funds to offer new alternative fund strategies that are designed to help investors reach their long-term goals with less risk and more certainty."
The three newly-launched alternative funds are:
- Picton Mahoney Fortified Active Extension Alternative Fund, designed to provide long-term capital appreciation and style diversification for equity portfolios, with an attractive risk-adjusted rate of return and similar volatility to traditional equity markets
- Picton Mahoney Fortified Market Neutral Alternative Fund, designed to provide consistent long-term capital appreciation and an attractive risk-adjusted rate of return, with less volatility and low correlation to traditional equity markets
- Picton Mahoney Fortified Multi-Strategy Alternative Fund, designed to provide consistent capital appreciation with an attractive risk-adjusted rate of return, with low correlation to traditional balanced or diversified strategies
These Fortified Alternative Funds utilize the same established investment process as Picton Mahoney's original Authentic Hedge® Funds. In addition, they incorporate Picton Mahoney's proprietary Fortified Investing method—a rules-based technique focused on managing risk by mitigating downside exposure while seeking to build long-term wealth, regardless of market conditions.
Picton Mahoney's family of retail-facing funds currently includes the Picton Mahoney Fortified Equity Fund, Picton Mahoney Fortified Income Fund and Picton Mahoney Multi-Asset Fund. These funds were launched in 2015 and showcase a strong track record resulting from the use of effective hedging principles in a traditional mutual fund.
"This is a great time for products like alternative funds to come to market. The Canadian retail investor has had to wait too long to gain access to tools that can better position their portfolios for long-term success. Regardless of the size of their portfolio, they now have the opportunity to access specific managers that have real experience using various tools to mitigate market risk. Fortunately, most investors have benefitted from favourable tailwinds over the past number of years, but those tailwinds are unsustainable and are now abating," added Picton. "We have pioneered alternative investment strategies in Canada for over a decade and believe that investors now need access to these more sophisticated tools and portfolio construction techniques. With these new offerings, we are thrilled to help Canadians improve their chances for long-term financial success."
To learn more about Picton Mahoney's full suite of Fortified Funds, visit www.pictonmahoney.com.
About Picton Mahoney
Founded in 2004 and 100% employee-owned, Picton Mahoney Asset Management ("Picton Mahoney") is entrusted with over $6.7 billion (as at Aug 31, 2018). Pioneers of Authentic Hedge® investment principles and practices in Canada, the firm offers a full suite of products, including mutual and alternative funds, to institutional and retail investors across the country. Specializing in precision-engineered and rules-based volatility management, Picton Mahoney helps its clients create more precise portfolios, fortifying them against the future—a skill owned and honed over the years through all market cycles.
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 an IIROC-registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale.
SOURCE Picton Mahoney Asset Management
Picton Mahoney Asset Management, Tel: (416) 955-4108 or 1-833-955-1344, Web site: www.pictonmahoney.com, Email: [email protected]; For media inquiries: Maggie Hall, Kaiser Lachance Communications, [email protected], 416-473-2495
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