Picton Mahoney Fortified Market Neutral Alternative Fund

The investment objective of the Picton Mahoney Fortified Market Neutral Alternative Fund isto provide consistent longterm capital appreciation and to provide unitholders with an attractive riskadjustedrate of return with less volatility than traditional equity markets and low correlation to major equitymarkets. and to provide unitholders with an attractive risk adjust rate of return with less volatility than traditional equity markets and low correlation to major equity markets.