TORONTO, Dec. 31, 2019 /CNW/ -
(TSX: PFIA) Picton Mahoney Asset
Management announced today that the waiver of the performance fee
that would otherwise be payable by each class of the Picton Mahoney
Fortified Income Alternative Fund, which was set to expire
December 31, 2019, has been extended
until July 12, 2020. Picton Mahoney reserves the option of extending
the waiver or discontinuing after that date.
FURTHER INFORMATION ON THE FUND IS INCLUDED IN THE PROSPECTUS
FOR THE FUND WHICH CAN BE FOUND AT WWW.PICTONMAHONEY.COM OR
WWW.SEDAR.COM.
About Picton Mahoney Asset Management
Picton Mahoney Asset Management specializes in differentiated
investment solutions and rules-based volatility
management. Picton Mahoney helps its clients fortify
their portfolios based on experience honed over the years through
different market cycles and investing environments.
Founded in 2004 and 100% employee-owned, Picton
Mahoney is a portfolio management boutique entrusted with
over $7.4 billion (as at November 30, 2019) in
assets under management. Pioneers of Authentic
Hedge® investment principles and practices in Canada, the
firm offers a full suite of investment solutions, including mutual
and alternative funds, to institutional and retail investors across
the country.
Commissions, trailing commissions, management fees, performance
fees and expenses all may be associated with mutual fund
investments. Please read the prospectus before investing. Mutual
funds are not guaranteed, their values change frequently, and past
performance may not be repeated. Alternative funds can only be
purchased through a registered dealer and are available only in
those jurisdictions where they may be lawfully offered for
sale.
SOURCE Picton Mahoney Asset Management