Fund Overview
PICTON Multi-Strategy Alpha Alternative Fund ETF (PFAA.TO) is an exchange-traded fund. Picton Mahoney Asset Management is the fund family on file. The inception date on file is May 3, 2022.
Its biggest positions are iShares Core S&P/TSX Capped Compost ETF (XIC.TO), iShares Core S&P 500 ETF (IVV), and iShares S&P/TSX 60 ETF (XIU.TO). iShares Core S&P/TSX Capped Compost ETF alone accounts for 9.33% of the portfolio.
Performance Analysis
PFAA.TO last closed at CA$12.07 on September 4, 2026. The trailing one-year price return is +1.75%. Measured over 3 years, that is +6.99% a year compounded. The fund distributes at a trailing yield of 2.27%.
Across the complete calendar years on file, 2024 returned +13.86% and 2025 returned +5.06%. Of the 3 complete calendar years on file, 3 finished higher. 2026 is still running; the price is +0.32% year to date.
Price & Risk Profile
Over the past 52 weeks the price has ranged from CA$11.98 to CA$12.42. The latest close sits 0.71% above that 52-week low. Daily returns over the trailing 4 years annualize to a volatility of 7.14%. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.