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PICTON Multi-Strategy Alpha Alternative Fund
PFAA (PICTON Multi-Strategy Alpha Alternative Fund) is an active Balanced ETF by PICTON. With a 0.95% MER, it provides diversified exposure. Monthly distribution with a 1.77% yield.
PFAA is actively managed by PICTON's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.95% MER reflects the costs of a more specialized management approach.
PFAA is an all-in-one solution combining equities and bonds. It is particularly well suited for beginners or investors who prefer a simplified approach.