PICTON LONG SHORT EQUITY ALTERNATIV PICTON LONG SHORT EQUITY ALTERNATIVE FD
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About PICTON LONG SHORT EQUITY ALTERNATIV PICTON LONG SHORT EQUITY ALTERNATIVE FD
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Inception date
Jul 15, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Picton Mahoney Asset Management
The fund invests in a portfolio of global long/short equities to provide consistent long-term capital appreciation with an attractive risk-adjusted rate of return. The portfolio aims less net equity market exposure than traditional long-only strategies. The Portfolio Advisors investment process identifies attractive investments and includes it in the funds long portfolio, while short selling unattractive investments. Up to 100% of the aggregate market value of the fund may be sold short. The portfolio Advisor will also short securities to hedge the market exposure of the funds long positions. PFLS will be structured so that it usually has 80 moderate equity market exposure.
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
Finance
Government
Stocks145.85%
Finance23.73%
Technology Services9.63%
Industrial Services6.16%
Non-Energy Minerals5.63%
Utilities4.65%
Electronic Technology4.61%
Energy Minerals4.35%
Retail Trade4.10%
Transportation3.33%
Commercial Services2.58%
Health Technology2.23%
Consumer Services2.09%
Distribution Services1.64%
Producer Manufacturing1.10%
Consumer Durables1.03%
Consumer Non-Durables0.86%
Communications0.70%
Health Services0.39%
Process Industries0.07%
Bonds, Cash & Other−45.85%
Government25.43%
Cash11.25%
Corporate1.35%
Mutual fund0.61%
ETF0.42%
Rights & Warrants0.36%
Futures0.18%
Miscellaneous−85.44%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFLS assets under management is 124.04 M CAD. It's fallen 0.67% over the last month.
PFLS fund flows account for 43.87 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
PFLS shares are issued by Picton Mahoney Asset Management under the brand Picton Mahoney. The ETF was launched on Jul 15, 2020, and its management style is Active.
PFLS expense ratio is 2.55% meaning you'd have to pay 2.55% of your investment to help manage the fund.
PFLS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFLS invests in stocks.
PFLS price has risen by 3.45% over the last month, and its yearly performance shows a 13.17% increase. See more dynamics on PFLS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.25% over the last month, showed a 4.88% increase in three-month performance and has increased by 13.99% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.25% over the last month, showed a 4.88% increase in three-month performance and has increased by 13.99% in a year.
PFLS trades at a premium (0.33%) meaning the ETF is trading at a higher price than the calculated NAV.