Dixon Mitchell Investment Counsel Inc.

Dixon Mitchell is the portfolio advisor to the Pender Canadian Equity Fund and the equity portion of the Pender Balanced Fund. Please click on the corresponding links for more information on Dixon Mitchell and their performance.

The principals of Dixon Mitchell are:

Rob Mitchell, President, Chief Compliance Officer, Director                                                                    

Rob Mitchell, CFA, has been President of Dixon Mitchell since 2000. Prior to that,
Mr. Mitchell was Vice President, Investments at Seaboard Life Insurance Company.
Mr. Mitchell is a director and chairs the audit committee for Discovery Parks Holdings
Ltd., trustee for Discovery Parks Trust.  Discovery Parks Trust was established to
support the high technology and research industries in British Columbia through
the development of its real estate assets. Mr. Mitchell is also a trustee of First
National Financial Income Fund, a publicly-traded entity that holds an interest
in First National Financial LP, an originator, underwriter and servicer of Canadian
mortgages. Mr. Mitchell has an MBA from the Ivey School of Business, a Bachelor of
Commerce (Finance) from the University of Calgary, and is a CFA charterholder.

Rob McConnachie, Chief Investment Officer, Director                                                                    

Rob McConnachie, CFA, has been Chief Investment Officer of Dixon Mitchell since
2003. Prior to that, Mr. McConnachie was an Equity Portfolio Manager with a
Vancouver-based money management firm, and a nationally-ranked equity analyst
for a major investment dealer owned by a leading financial institution. Mr. McConnachie
also held positions as co-director and director of research at his former firms.
Mr. McConnachie attended the University of Victoria and the Ivey School of Business at
the University of Western Ontario, and is a CFA charterholder.

Don Stuart, Partner, Director                                                                    

Don Stuart, CFA, has been a Partner of Dixon Mitchell since 2001. Mr. Stuart began his
investment career in 1993 with a leading national securities firm where he honed a broad range of skills spanning the full spectrum of wealth management.  As a Certified Investment Manager and specialist in client development and advocacy, Don's diversity of industry experience has proven not only impressive, it is a distinct advantage for Dixon Mitchell clients, including independent financial advisors, planners and direct clientele.  Mr. Stuart is a graduate of both the University of British Columbia and the University of Copenhagen, and is a CFA charterholder as well as a Fellow of the Canadian Securities Institute.

Ken O'Kennedy, Portfolio Manager                                                                   

Ken O’Kennedy, CFA, has been a Portfolio Manager with Dixon Mitchell since 2008. Prior to
that, Mr. O’Kennedy was Portfolio Manager at a global investment management firm and
was previously an Analyst at an investment management boutique. Mr. O’Kennedy began
his career investing in commercial real estate on behalf of Canadian and US pension funds.
Mr. O’Kennedy graduated from the University of Western Ontario and is a CFA charterholder.