Picton Mahoney Announces September Distribution Details for ETFs

Picton Mahoney Asset Management Unveils Monthly Distribution

Picton Mahoney Asset Management is pleased to share the recent announcement regarding the monthly cash distribution for the ETF units of its various funds. The firm has declared a distribution of $0.0359 per unit for the Picton Mahoney Fortified Income Alternative Fund's units for this month.

Special Situations Fund Distribution

In addition to the Fortified Income Alternative Fund, the company has also revealed a monthly distribution of $0.0380 per unit for the ETF Units of the Picton Mahoney Fortified Special Situations Alternative Fund. This reflects the firm’s ongoing commitment to providing returns to its unitholders.

Core Bond Fund Details

Moreover, unitholders in the Picton Mahoney Fortified Core Bond Fund will see a distribution of $0.0382 per unit this September. This showcases the fund's sustained performance and stability in an ever-changing market.

Alpha Alternative Fund Announcement

The firm has also announced a very minimal distribution of $0.0001 per unit for the Picton Mahoney Fortified Alpha Alternative Fund. While this amount may seem small, it signifies the firm’s consistent approach to returning value to its clients, regardless of the circumstances.

Key Dates for Unitholders

For those holding ETF Units, it's essential to note that unitholders recorded by the close of business on September 23 will receive their cash distributions, which are scheduled to be paid on September 30. It’s a good time for investors to review their holdings and ensure their portfolios are aligned with their financial goals.

Overview of Picton Mahoney Asset Management

Founded in 2004 and proudly employee-owned, Picton Mahoney Asset Management serves as a portfolio management boutique that specializes in innovative investment solutions and effective volatility management. Over the years, the company has refined its approach through various market cycles, enabling clients to fortify their portfolios effectively.

Asset Management Numbers

As of late August, Picton Mahoney oversees over $11.0 billion in assets, illustrating its significant presence in the asset management space. The firm has pioneered the Authentic Hedge® principles in Canada, providing both retail and institutional investors with a diverse array of investment options, including mutual and alternative funds.

Understanding Mutual Fund Investments

Investing in mutual funds can involve various fees and commissions, including management and performance fees. Potential investors should ensure they fully understand these aspects by consulting the fund's prospectus before making any decisions. It is equally important to highlight that mutual funds carry risks, including market fluctuations and the possibility of diminished returns.

Further Information

For additional inquiries or assistance, individuals can reach out to Arthur Galloway at Picton Mahoney Asset Management. Interested parties can contact him via telephone at (416) 955-4108. For further information, potential investors can also visit the company’s website.

Frequently Asked Questions

What is the amount of the monthly distribution for September?

The distribution amounts vary by fund, with the highest being $0.0382 for the Core Bond Fund.

Who will receive these distributions?

Only unitholders recorded by the close of business on designated dates will receive the cash distributions.

When will the distributions be paid?

The distributions are scheduled for payment on September 30, following the record date.

What is Picton Mahoney’s asset management specialty?

They specialize in differentiated investment solutions and volatility management to help clients enhance their portfolios.

How can investors learn more about Picton Mahoney?

Investors can find further information by contacting Arthur Galloway or visiting the official website of Picton Mahoney Asset Management.

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