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TORONTO, Jan. 25, 2021 /CNW/ – Picton Mahoney Asset Management (“Picton Mahoney”), as we speak introduced that as of January 29, 2021, Picton Mahoney Arbitrage Plus Fund and Picton Mahoney Fortified Arbitrage Plus Different Fund (every, a “Fund”) can be closed to new traders to handle capability. Current unitholders of a Fund will proceed to have the ability to make investments into that Fund after the cap is applied.
Buy orders by new traders submitted on or earlier than 4:00 p.m. ET on January 29, 2021 can be processed.
About Picton Mahoney Asset Administration
Picton Mahoney Asset Administration makes a speciality of differentiated funding options and rules-based volatility administration. Picton Mahoney helps its shoppers fortify their portfolios based mostly on expertise honed through the years by completely different market cycles and investing environments.
Based in 2004 and 100% employee-owned, Picton Mahoney is a portfolio administration boutique entrusted with over $8.2 billion (as at December 31, 2020) in belongings beneath administration. Pioneers of Genuine Hedge® funding rules and practices in Canada, the agency gives a full suite of funding options, together with mutual and various funds, to institutional and retail traders throughout the nation.
Commissions, trailing commissions, administration charges, efficiency charges and bills all could also be related to mutual fund investments. Please learn the prospectus earlier than investing. Mutual funds should not assured, their values change incessantly, and previous efficiency might not be repeated. Different funds can solely be bought by a registered seller and can be found solely in these jurisdictions the place they might be lawfully provided on the market.
SOURCE Picton Mahoney Asset Administration
For additional data: Michael Lynds, Managing Director, Head of Retail Enterprise, Picton Mahoney Asset Administration, web site: www.pictonmahoney.com, e-mail: [email protected]