The firm’s new funds provide additional access to strategies it’s been offering for over a decade
Picton Mahoney Asset Management has launched three new offerings to expand their Fortified Alternative Funds lineup. The new products offer additional access to hedging techniques and alternative-investing strategies that the firm has been offering since 2004.
“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 Picton Mahoney President and CEO David Picton.
The new offerings, which use the same investment process as Picton Mahoney’s original Authentic Hedge funds, include:
- Picton Mahoney Fortified Active Extension Alternative Fund, which is designed for long-term capital appreciation and style diversification for equity portfolios. It offers an attractive risk-adjusted rate of return with similar volatility to traditional equity markets.
- Picton Mahoney Fortified Market Neutral Alternative Fund, which is designed to deliver consistent long-term capital appreciation and an attractive risk-adjusted rate of return, with lower volatility and low correlation to traditional equity markets.
- Picton Mahoney Fortified Multi-Strategy Alternative Fund, which is built to provide consistent capital appreciation with an attractive risk-adjusted rate of return, as well as low correlation to traditional balanced or diversified strategies.
The new Fortified Alternative Funds also incorporate the firm’s proprietary Fortified Investing method, which follows rules that focus on mitigating downside exposure while seeking long-term wealth regardless of market conditions.
The firm’s family of retail funds also include three strategies — Picton Mahoney Fortified Equity Fund, Picton Mahoney Fortified Income Fund and Picton Mahoney Multi-Asset Fund — which were launched in 2015. The funds showcase a solid track record from the use of hedging principles in a traditional mutual fund.
“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,” Picton said. “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 … 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.”