Picton Arbitrage Plus Alt Fund Cl A (PIC3900)
13.61
0.00 (0.00%)
CAD |
Dec 11 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 4.03% | 1.060B | -- | 107.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 177.22M | 5.98% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of the Fund is to generate consistent, positive returns, with low volatility and low correlation to equity markets by providing levered exposure to the Picton Mahoney Fortified Arbitrage Alternative Fund which invests in securities in Canada, the United States and in other foreign jurisdictions. The Fund utilizes leverage to enhance returns and intends to gain 200% exposure to the Picton Mahoney Fortified Arbitrage Alternative Fund, net of borrowing and/or dealer costs. The underlying fund primarily employs arbitrage strategies, which are specialized investment techniques designed to profit from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations. The most common arbitrage activity the Manager intends to use is merger arbitrage, which involves purchasing the shares of an announced acquisition target company at a discount to the expected merger consideration. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Picton Mahoney |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
92
-81.99M
Peer Group Low
309.18M
Peer Group High
1 Year
% Rank:
12
177.22M
-421.95M
Peer Group Low
3.794B
Peer Group High
3 Months
% Rank:
15
-220.61M
Peer Group Low
874.67M
Peer Group High
3 Years
% Rank:
10
-1.185B
Peer Group Low
8.440B
Peer Group High
6 Months
% Rank:
8
-254.45M
Peer Group Low
1.721B
Peer Group High
5 Years
% Rank:
9
-1.017B
Peer Group Low
9.058B
Peer Group High
YTD
% Rank:
14
-428.91M
Peer Group Low
3.003B
Peer Group High
10 Years
% Rank:
8
-234.91M
Peer Group Low
9.397B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of June 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 74.95% |
| Bond | 9.75% |
| Convertible | 0.00% |
| Preferred | 0.17% |
| Other | 15.13% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Kellanova (DELISTED) | 4.09% | 83.44 | -0.01% |
|
Dun & Bradstreet Holdings Inc ORD
|
3.95% | -- | -- |
|
Azek Co Inc
|
3.55% | -- | -- |
|
Skechers USA Inc ORD
|
3.55% | -- | -- |
| Frontier Communications Parent, Inc. | 3.12% | 37.96 | 0.07% |
|
Keyera Corpn Rights
|
3.07% | -- | -- |
| Nationstar Mortgage Holdings Inc. NATMOR 7.125 02/01/2032 FIX USD Corporate RegS | 2.92% | -- | -- |
|
Hess Corp ORD
|
2.80% | -- | -- |
|
CI Financial Corp ORD
|
2.45% | -- | -- |
| Blueprint Medicines Corp | 2.45% | 129.46 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The investment objective of the Fund is to generate consistent, positive returns, with low volatility and low correlation to equity markets by providing levered exposure to the Picton Mahoney Fortified Arbitrage Alternative Fund which invests in securities in Canada, the United States and in other foreign jurisdictions. The Fund utilizes leverage to enhance returns and intends to gain 200% exposure to the Picton Mahoney Fortified Arbitrage Alternative Fund, net of borrowing and/or dealer costs. The underlying fund primarily employs arbitrage strategies, which are specialized investment techniques designed to profit from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations. The most common arbitrage activity the Manager intends to use is merger arbitrage, which involves purchasing the shares of an announced acquisition target company at a discount to the expected merger consideration. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Picton Mahoney |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-11-25) | 0.37% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 261 |
| Stock | |
| Weighted Average PE Ratio | 30.16 |
| Weighted Average Price to Sales Ratio | 4.660 |
| Weighted Average Price to Book Ratio | 3.662 |
| Weighted Median ROE | 1.61% |
| Weighted Median ROA | 1.72% |
| ROI (TTM) | 1.88% |
| Return on Investment (TTM) | 1.88% |
| Earning Yield | 0.0447 |
| LT Debt / Shareholders Equity | 1.484 |
| Number of Equity Holdings | 206 |
| Bond | |
| Yield to Maturity (6-30-25) | 2.69% |
| Effective Duration | -- |
| Average Coupon | 4.36% |
| Calculated Average Quality | 6.00 |
| Effective Maturity | 4.099 |
| Nominal Maturity | 4.631 |
| Number of Bond Holdings | 13 |
As of June 30, 2025
Growth Metrics
| EPS Growth (1Y) | 36.44% |
| EPS Growth (3Y) | 9.23% |
| EPS Growth (5Y) | -3.01% |
| Sales Growth (1Y) | 16.04% |
| Sales Growth (3Y) | 15.71% |
| Sales Growth (5Y) | 9.71% |
| Sales per Share Growth (1Y) | 89.74% |
| Sales per Share Growth (3Y) | 13.51% |
| Operating Cash Flow - Growth Rate (3Y) | 9.91% |
As of June 30, 2025
Fund Details
| Key Dates | |
| Inception Date | -- |
| Last Annual Report Date | 6/30/2025 |
| Last Prospectus Date | -- |
| Share Classes | |
| PIC3901 | Fee-based Advice |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PIC3900.TO", "name") |
| Broad Asset Class: =YCI("M:PIC3900.TO", "broad_asset_class") |
| Broad Category: =YCI("M:PIC3900.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:PIC3900.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |