Picton Mahoney Asset Management (Picton Mahoney) has added three Fortified Alternative Funds to its existing Fortified Fund family. providing Canadian 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,” says 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 utilise 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,” adds 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.”
