Picton Mahoney Fortified Market Neutral Alternative Fund (TSX: PFMN)

Assets	327.12M
Expense Ratio	4.32%
PE Ratio	n/a
Dividend (ttm)	0.17
Dividend Yield	1.11%
Ex-Dividend Date	Dec 21, 2023
Payout Frequency	n/a
Payout Ratio	n/a
1-Year Return	+17.17%

Volume	12,663
Open	15.59
Previous Close	15.51
Day's Range	15.56 - 15.68
52-Week Low	13.34
52-Week High	15.80
Beta	0.11
Holdings	691
Inception Date	Jul 16, 2019

About PFMN

Picton Mahoney Fortified Market Neutral Alternative Fund is an exchange traded fund launched and managed by Picton Mahoney Asset Management. It invests in public equity and fixed income markets. For its equity portion, the fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. It employs long/short strategy and uses derivatives such as options, futures, forwards and swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests in fixed income securities including high yield securities. Picton Mahoney Fortified Market Neutral Alternative Fund was formed on September 21, 2018 and is domiciled in Canada.

• Asset Class: Alternatives
• Category: Long/Short
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: PFMN
• Provider: Picton Mahoney

Performance

PFMN had a total return of 17.17% in the past year. Since the fund's inception, the average annual return has been 8.77%, including dividends.

Top 10 Holdings

77.31% of assets

Name	Symbol	Weight
Cash	n/a	20.16%
Canada (Government of)	n/a	12.56%
Canada (Government of)	n/a	11.65%
Canada (Government of)	n/a	10.12%
Canada (Government of)	n/a	9.32%
Royal Bank of Canada	RY	3.34%
Canadian Pacific Kansas City Limited	CP	2.81%
Manulife Financial Corporation	MFC	2.63%
Element Fleet Management Corp.	EFN	2.52%
Suncor Energy Inc.	SU	2.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 21, 2023	0.1722 CAD	Dec 29, 2023
Dec 20, 2019	0.0091 CAD	Dec 31, 2019