Overview of Monthly Distributions
TORONTO, Canada — Picton Mahoney Asset Management has proudly announced its monthly cash distributions for November 2024 across several Exchange Traded Funds (ETFs). Unit holders can expect specific recent allocations from their investment in the Picton Mahoney Fortified Income Alternative Fund, Fortified Special Situations Alternative Fund, Fortified Core Bond Fund, and Fortified Alpha Alternative Fund.
Details of Fund Distributions
Fortified Income Alternative Fund
The latest distribution for the Picton Mahoney Fortified Income Alternative Fund stands at $0.0291 per unit. This allocation reinforces Picton Mahoney's commitment to providing consistent returns to its investors.
Fortified Special Situations Alternative Fund
For the Picton Mahoney Fortified Special Situations Alternative Fund, the declared monthly cash distribution is $0.0273 per unit. This fund is tailored for investors seeking opportunities in special situations while maintaining a focus on stability.
Fortified Core Bond Fund
Investors in the Picton Mahoney Fortified Core Bond Fund will receive a distribution of $0.0208 per unit. This commitment to delivering regular income showcases the fund's resilience and adaptability in changing market conditions.
Fortified Alpha Alternative Fund
The cash distribution for the Picton Mahoney Fortified Alpha Alternative Fund is noted as $0.0001 per unit. This reflects Picton Mahoney's strategic approach, aiming to provide a diversified portfolio to its investors.
Important Dates for Unitholders
Unitholders recorded by the end of business on a specified date will be eligible to receive the distributions. Payable on the last business day of November 2024, these distributions ensure that investors continue to benefit from their investments.
About Picton Mahoney Asset Management
Picton Mahoney Asset Management, founded in 2004 and wholly employee-owned, specializes in providing innovative investment solutions and effective volatility management. The firm holds over $11.4 billion in assets under management as of the end of October 2024, representing their trusted expertise across diverse market cycles.
Investment Philosophy
As pioneers of Authentic Hedge® principles in Canada, Picton Mahoney offers an extensive range of investment solutions, including traditional mutual funds and alternative strategies, catering to both institutional and retail investors throughout the country.
Investor Information
When investing in mutual funds, potential investors should remain cautious as various fees and expenses may apply, including management and performance fees. It is vital to review the fund prospectus before proceeding. Furthermore, the firm underscores that mutual fund values fluctuate and that past performance does not guarantee future results.
Contact Information
For any inquiries, please reach out to:
Arthur Galloway
Picton Mahoney Asset Management
Tel: (416) 955-4108
Email: service@pictonmahoney.com
Frequently Asked Questions
What is the recent distribution amount for each fund?
The recent distribution amounts are as follows: $0.0291 for the Fortified Income Fund, $0.0273 for the Special Situations Fund, $0.0208 for the Core Bond Fund, and $0.0001 for the Alpha Fund.
What date will the distribution be payable?
The distributions will be payable on the last business day of November 2024, following the record date.
How often does Picton Mahoney declare distributions?
Picton Mahoney typically declares monthly distributions for its ETF units, contributing to regular income for its investors.
Who is eligible to receive the distributions?
Unitholders of record at the close of business on the specified record date will be eligible for the cash distributions.
What experience does Picton Mahoney have in asset management?
Picton Mahoney, founded in 2004, has significant industry experience managing over $11.4 billion in assets, allowing them to navigate different market conditions adeptly.
