Highlights There was a significant bounce in most asset classes, as dip buyers emerged following significant repricing from mid-August to mid-October Large macro moves have created pockets of dislocation within credit markets, especially between Investment […]

Highlights: September proved to be another challenging month for markets. It was the third worst month for the high-yield market since 2008. Early September presented the Fund with some good relative value trading opportunities. If […]

The Fund has marked one year since its inception and we are happy to now report the performance of the Fund. The Pender Alternative Absolute Return Fund finished August with a return of 1.5% bringing […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished July with a unit price of $9.81 and distributions of $0.04 per unit[1]. Download PDF July 2022 saw a strong rebound across most asset classes following […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished June with a unit price of $9.70 and distributions of $0.03 per unit[1]. Download PDF June 2022 saw significant weakness in the high yield market as […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished May with a unit price of $9.86 and distributions of $0.06 per unit[1]. May 2022 brought a wild swing to markets with rates, credit and equities […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished April with a unit price of $10.00 and distributions of $0.05 per unit[1]. Download PDF April 2022 was a volatile month for markets as the rubber […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished March with a unit price of $10.01 and distributions of $0.05 per unit[1]. Download PDF March 2022 was a volatile month for markets with a dramatic […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished February with a unit price of $10.01 and distributions of $0.02 per unit[1]. Download PDF February 2022 was a volatile month for markets with the high-yield […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished January with a unit price of $10.02 and distributions of $0.06 per unit[1]. Download PDF January 2022 was the worst month for the high-yield market since […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished December with a unit price of $9.99 and distributions of $0.03 per unit[1]. Download PDF December was a buoyant month for risk assets, with credit markets […]

Dear Unitholders, The Pender Alternative Absolute Return Fund finished November with a unit price of $9.91 and distributions of $0.05 per unit[1]. Download PDF November was the weakest month for the high-yield market since September […]

Dear Unitholders, The Pender Alternative Absolute Return Fund closed October with a unit price of $9.96 and distributions of $0.04.[1] Download PDF It was a challenging month in credit markets as the iBoxx Liquid High […]

Dear Unitholders, The Pender Alternative Absolute Return Fund ended its first month with a NAV of $9.99[1] per unit and distributions of $0.12[1] per unit. Download PDF The high yield market was dragged modestly lower […]