The Pender Alternative Special Situations Fund returned -6.4%1 in July, compared to the S&P/TSX Composite, which rose 1.2% during the month. Fund Specific Updates July was a challenging month for the Fund, as our holdings in two of our key thematics (space/defense and critical minerals) underperformed. MDA Space Ltd. (MDA), Telesat Corp. (TSAT) and Kraken […]

Pender is proud to have been a sponsor for RBC Wealth Management’s Partner Golf Tournament, an event that brought together partners, sponsors, and guests to raise over $45,000 for Hospice Mississauga.   District Vice Presidents, Josh Rowland and Michael Young represented Pender, who spent the day connecting with our partners at RBC and fellow sponsors.   Thank you to the RBC team […]

VANCOUVER, B.C., August 24, 2026, PenderFund Capital Management Ltd. ("Pender") today announced its intention to terminate the Pender Alternative Arbitrage Fund (the "Fund") on or about October 30, 2026 (the "Termination Date"). Unitholders will not be required to take any action in connection with the termination of the Fund. Effective today, the Manager has suspended the right of unitholders to redeem their […]

The Pender Global Small/Mid Cap Equity Fund returned 0.1%1 in a challenging month for international investing. The MSCI World SMID Cap Gross Total Return USD Index (CAD) returned -2.1% in July, with emerging market (EM) small caps suffering a steeper 7.0% drop. Small-cap equities faced broad selling pressure globally during the month, underperforming their large-cap […]

VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months and six months ended June 30, 2026. Financial Highlights Net income was $7,241,975 for the three months ended June 30, 2026 (June 30, 2025 – net income of $8,742,446) due to positive investment performance […]

Dear Unitholders, The Pender Alternative Absolute Return Fund returned 0.8%1 in July, bringing year to date return to 1.8%. Credit markets were softer in July despite a sharp rally to close the month, impacted by both higher government bond yields and modestly wider spreads. High volumes of supply, much of which used to fund the […]