Monthly Cash Distributions Announced by Picton Mahoney Funds
Picton Mahoney Asset Management Announces Monthly Distributions
Picton Mahoney Asset Management has recently shared significant news regarding its monthly cash distributions across several funds. This announcement is particularly relevant for investors in the Picton Mahoney Fortified Income Alternative Fund, Picton Mahoney Fortified Special Situations Alternative Fund, Picton Mahoney Fortified Core Bond Fund, Picton Mahoney Fortified Alpha Alternative Fund, and Picton Mahoney Fortified Investment Grade Alternative Fund.
Monthly Distribution Details
For the upcoming period, the company declared the monthly cash distribution for the various ETF units. Specifically, the Picton Mahoney Fortified Income Alternative Fund will distribute $0.0321 per ETF unit. This allocation is designed to provide unitholders with a consistent income stream.
Special Situations Fund Distribution
In addition to the income fund, the Picton Mahoney Fortified Special Situations Alternative Fund will offer a monthly cash distribution of $0.0301 per unit. This fund focuses on identifying unique investment situations that can provide strong returns for investors.
Core Bond Fund Allocation
The Picton Mahoney Fortified Core Bond Fund has also declared a monthly cash distribution of $0.0297 per unit. This fund is crucial for investors looking for stability and consistent income through bond investments.
Alpha Alternative Fund and Investment Grade Fund
Furthermore, the monthly cash distribution for the Picton Mahoney Fortified Alpha Alternative Fund is set at $0.0106 per unit. This unique fund seeks to enhance returns through active management strategies. Meanwhile, the Picton Mahoney Fortified Investment Grade Alternative Fund announced a distribution of $0.0414 per unit, focusing on high-quality investment opportunities.
Record and Payment Dates
Unitholders of the ETF Units recorded at the close of business on January 24, 2025, will be eligible to receive these distributions. These payments are expected to be executed by January 31, 2025, ensuring that investors promptly receive their earnings.
About Picton Mahoney Asset Management
Established in 2004, Picton Mahoney is an employee-owned firm providing differentiated investment solutions. The company is dedicated to helping clients build fortified portfolios through strategies that have been refined over years of navigating various market conditions. With assets under management exceeding $12.0 billion as of late 2024, Picton Mahoney stands as a pioneer in Canada for offering Authentic Hedge® investment principles.
Investment Solutions and Offerings
Picton Mahoney offers a wide array of investment solutions, including mutual and alternative funds, catering to both institutional and retail investors across the country. Their approach emphasizes volatility management, aiming to provide strategies that enhance portfolio stability and growth.
Understand the Risks Involved
It is essential for investors to understand that mutual fund investments often carry associated fees such as commissions, management fees, and expenses. Potential investors should thoroughly review a fund's prospectus before making any investment decisions, recognizing that mutual funds are not guaranteed, and their values can fluctuate.
Frequently Asked Questions
What are the monthly distribution amounts for each fund?
The monthly distribution amounts are $0.0321 for the Picton Mahoney Fortified Income Alternative Fund, $0.0301 for the Special Situations Fund, $0.0297 for the Core Bond Fund, $0.0106 for the Alpha Alternative Fund, and $0.0414 for the Investment Grade Fund.
When will the distributions be payable?
The distributions will be payable on January 31, 2025, for unitholders recorded on January 24, 2025.
Who manages Picton Mahoney's portfolios?
Picton Mahoney Asset Management, an employee-owned firm, specializes in differentiated investment solutions and volatility management.
How long has Picton Mahoney been operating?
Picton Mahoney was founded in 2004, building a strong reputation in the investment management sector since then.
What is the total assets under management for the firm?
As of late 2024, Picton Mahoney manages over $12.0 billion in assets, showcasing its significant presence in the investment market.
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