Portfolio Manager

David Barr, CFA

Mr. Barr is the Portfolio Manager for Pender Small Cap Opportunity Fund and Pender Growth Fund. Mr. Barr is also the Chief Investment Officer for PenderFund Capital Management. He has managed Pender Growth Fund since its inception in 2003.

Philosophy

Mr. Barr manages the overall investment strategy for Pender, establishing the rigorous investment criteria and valuation thresholds used to assess all potential investments. He identifies companies in the "Pender Value Zone" — a sweet spot in the market where Pender believes promising businesses with significant growth potential are overlooked and undervalued.

Experience

In 2000, Mr. Barr became the Investment Manager at FutureFund and remained with the Fund, becoming Portfolio Manager, when it was transferred to the Pender Financial Group and renamed Pender Growth Fund.

Mr. Barr holds a Bachelor of Science degree from the University of British Columbia and an MBA (Finance & Strategic Management) from the Schulich School of Business at York University. He earned his CFA designation in 2003 and is a member of the CFA Institute and is on the Board of Directors for CFA Vancouver.

Performance