Both Alpha Funds provided positive returns in Q3 with positive contributions from all three core active strategies and very small beta exposure to traditional stocks and bonds as measured by our analysis of daily portfolio returns.

The Picton Mahoney Fortified Arbitrage Alternative Fund Cl F returned 1.82%, and Picton Mahoney Fortified Arbitrage Plus Alternative Fund Cl F returned 3.23% in the third quarter of 2023.

The Picton Mahoney Fortified Arbitrage Alternative Fund Cl F returned 1.82%, and Picton Mahoney Fortified Arbitrage Plus Alternative Fund Cl F returned 3.23% in the third quarter of 2023.