Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.
TORONTO, April 23, 2025 (GLOBE NEWSWIRE) — Picton Mahoney Asset Management (“Picton Mahoney”), the manager of the Picton Mahoney Fortified Market Neutral Alternative Fund (TSX: PFMN) and the Picton Mahoney Fortified Inflation Opportunities Alternative Fund (collectively, the “Funds”), announced that effective today, the risk ratings of the Fund have changed as follows:
| Fund | New Risk Rating | Previous Risk Rating |
| Picton Mahoney Fortified Market Neutral Alternative Fund | Low | Low-to-Medium |
| Picton Mahoney Fortified Inflation Opportunities Alternative Fund | Medium | High |
There are no changes to the investment objectives, strategies or management of the Funds associated with the new risk ratings.
The risk rating changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. Picton Mahoney reviews the risk rating for each of the funds it manages at least on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review and are not the result of any changes to the investment objectives, strategies or management of the funds.
To learn more about Picton Mahoney’s full suite of funds, visit www.pictonmahoney.com.
About Picton Mahoney
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 $13.6 billion (as at March 31, 2025) 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 mutual funds can only be purchased through a registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale.
For further information:
Leisha Roche, Chief Marketing Officer, Picton Mahoney Asset Management
Tel: (416) 955-4108
Email: [email protected]
Website: www.pictonmahoney.com
