Key stats
About PICTON MAHNEY FRTFD MKT NTRL ALT FD ETF UNIT
Expense ratio
4.32%
Home page
Inception date
Jul 16, 2019
The fund actively manages a portfolio of long/short equities to achieve a market neutral exposure. This strategy usually aims for an equity market beta of 0 or a low correlation to the equity markets. The funds holdings may include derivatives such as such as options, futures, forward contracts, swaps, and securities of investment funds. 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.
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
Cash
Stocks121.28%
Finance17.47%
Technology Services7.93%
Non-Energy Minerals5.73%
Electronic Technology4.30%
Energy Minerals3.71%
Retail Trade3.71%
Utilities3.24%
Transportation3.18%
Industrial Services2.80%
Health Technology2.06%
Consumer Services1.65%
Commercial Services1.47%
Distribution Services1.47%
Communications1.05%
Producer Manufacturing0.97%
Consumer Durables0.74%
Consumer Non-Durables0.49%
Miscellaneous0.31%
Process Industries0.29%
Health Services0.23%
Bonds, Cash & Other−21.28%
Government46.89%
Cash20.56%
ETF2.33%
Corporate1.44%
Mutual fund0.68%
Rights & Warrants0.24%
Futures−0.02%
Miscellaneous−93.40%
Top 10 holdings
Dividends
Dividend payout history