PICTON Long Short Equity (130/30) Alternative Fund — ETF
PFAE.TO
Toronto Stock Exchange- -
CAD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 130 Adelaide Street West, Suite 2200 Toronto ON Canada M5H 3P5
- IPO Date
- Jul 16, 2019
- Website
- pictoninvestments.com
- Similar Companies
- Business
- PICTON Long Short Equity (130/30) Alternative Fund ETF (PFAE.TO) is an exchange-traded fund managed by Picton Mahoney Asset Management that employs an active long/short equity strategy targeting a net long equity exposure of 100% of fund assets, with 130% invested long and 30% sold short to achieve approximately 160% gross equity exposure; the fund seeks consistent long-term capital appreciation with an attractive risk-adjusted rate of return and volatility similar to traditional equity markets, investing primarily in public equity markets of Canada through direct stocks and derivatives across diversified sectors, growth and value stocks, and various market capitalizations. Picton Mahoney Asset Management, the fund's issuer and a 100% employee-owned boutique investment manager founded in 2004 and headquartered at 33 Yonge Street, Suite 830, Toronto, Ontario, Canada, specializes in alternative investments, authentic hedging strategies, quantitative research, and portfolio construction for institutional, retail, and high-net-worth investors across Canada and the United States, with additional offices in Calgary, Montréal, and Vancouver. The firm offers a suite of mutual and alternative funds under the PICTON brand, including other fortified income, multi-strategy, special situations, and active extension alternative funds. In recent developments, the fund underwent a name change from Picton Mahoney Fortified Active Extension Alternative Fund, reflecting its evolution to emphasize the long/short equity (130/30) approach. Picton Mahoney announced a year-end cash distribution of $0.0887 per ETF unit for December 2025, payable to unitholders of record as of December 22, 2025, alongside ongoing monthly distributions for related PICTON ETF products. The firm launched ETF units for the PICTON Income Fund and Class A, F, I, and O units of the Fortified Investment Grade Alternative Fund in November 2024, expanding its alternative offerings amid growing assets under management exceeding CAD $16.5 billion as of November 30, 2025. No major acquisitions, partnerships, or funding rounds specific to this fund were reported in the last 1-2 years, though the firm continues regular distribution announcements and performance updates for its ETF lineup listed on the Toronto Stock Exchange.