Monthly Cash Distributions Announced for Picton Mahoney ETFs
In a recent announcement, Picton Mahoney Asset Management shared the exciting news of monthly cash distributions for December 2024 applicable to its range of Exchange Traded Funds (ETFs). Investors in these funds can look forward to enhanced cash flows that reflect the management’s commitment to providing value to its unitholders.
Per-Unit Distributions Detailed
The cash distributions declared by Picton Mahoney include a per-unit distribution of $0.0385 for the Picton Mahoney Fortified Income Alternative Fund ETF units. Additionally, the Picton Mahoney Fortified Special Situations Alternative Fund ETF units will see a distribution of $0.0235 per unit.
Investors in the Picton Mahoney Fortified Core Bond Fund ETF units can anticipate a distribution of $0.0476 per unit, while the Picton Mahoney Fortified Alpha Alternative Fund ETF units will experience a marginal distribution of $0.0001 per unit.
Important Dates for Unitholders
It’s critical for unitholders to note that only those recorded at the close of business on forthcoming specified dates will be eligible for these distributions. The payment for these distributions is scheduled for December 31, 2024, which will allow investors to see timely returns on their investments.
About Picton Mahoney Asset Management
Picton Mahoney Asset Management has established a reputation for excellence in the asset management industry since its founding in 2004. The firm operates as a fully employee-owned portfolio management boutique, managing over $12.0 billion in assets as of November 30, 2024.
Specializing in innovative investment solutions and rules-based volatility management, Picton Mahoney provides clients with a robust framework for fortifying their portfolios. Their distinctive approach to investment management has positioned them as pioneers in the Authentic Hedge® investment principles in Canada.
With a comprehensive suite of investment solutions that caters to both institutional and retail investors, the firm also offers a variety of mutual funds and alternative investment products tailored to meet diverse investment goals.
Points to Remember for Investors
When considering investments in mutual funds, investors must be aware of associated costs, including commissions, trailing commissions, management fees, and other expenses. It's vital to consult the prospectus for detailed information prior to making investment decisions, as mutual funds are not guaranteed and their values can fluctuate.
Contact Information
For further inquiries regarding investment opportunities or information about Picton Mahoney Asset Management, potential investors can reach out directly. The contact details for Arthur Galloway at Picton Mahoney are as follows:
Arthur Galloway
Picton Mahoney Asset Management
Tel: (416) 955-4108
Email: service@pictonmahoney.com
Frequently Asked Questions
What are the distribution amounts for December 2024?
The distribution amounts per unit for December are $0.0385 for the Fortified Income Alternative Fund, $0.0235 for the Fortified Special Situations Fund, $0.0476 for the Fortified Core Bond Fund, and $0.0001 for the Fortified Alpha Alternative Fund.
When will the distributions be paid out?
The distributions will be payable on December 31, 2024, to unitholders of record as of December 23, 2024.
Who manages Picton Mahoney Asset Management?
Picton Mahoney Asset Management is a wholly employee-owned portfolio management firm specializing in differentiated investment solutions.
How long has Picton Mahoney been in operation?
Picton Mahoney has been providing investment management services since its founding in 2004.
What is the current asset management for Picton Mahoney?
As of November 30, 2024, Picton Mahoney manages over $12.0 billion in assets under management.
