Incoming Pender Corporate Bond Fund manager, Geoff Castle, brings a strong credit discipline to the Pender investment team. Here, we focus on sector exposures and the areas of opportunity he sees in the market.
Incoming Pender Corporate Bond Fund manager, Geoff Castle, brings a strong credit discipline to the Pender investment team. Here, we focus on how he is addressing the balance between credit quality, default risk and realizing […]
The classic investing advice is to “buy low and sell high”. The objective of investing in “Close the Discount” ideas is to buy a stock when it is trading at a substantial discount to a […]
Compounding is one of the bedrock concepts of investing – “the ability to generate earnings from previous earnings”1. For us, “Compounders” are those companies that can internally compound their intrinsic value at a mid-teens annualized […]
Company Overview As a pioneer of the “fast casual” restaurant category, Panera Bread is the authority on fresh-baked bread and is well known for its delicious healthy food and its commitment to food transparency.
When people look at our portfolios they see our overweight allocations in technology and they quite often ask us if we run technology funds. The quick answer is our funds are not technology funds and […]
Felix Narhi and Ian Collins attended the recent Berkshire Hathaway Annual General Meeting in Omaha. As the company was celebrating the 50th year anniversary since Warren Buffett took management control, the mood was particularly festive […]
Berkshire Hathaway AGM 2015 – Pender’s Key Take Away Thoughts (Part 4) We attended the Berkshire Hathaway 2015 Annual Meeting in Omaha. We like to hear first hand from two of our value investing icons. […]
Berkshire Hathaway AGM 2015 – Pender’s Key Take Away Thoughts (Part 3) We attended the Berkshire Hathaway 2015 Annual Meeting in Omaha. We like to hear first hand from two of our value investing icons. […]
Berkshire Hathaway AGM 2015 – Pender’s Key Take Away Thoughts (Part 2) We attended the Berkshire Hathaway 2015 Annual Meeting in Omaha. We like to hear first hand from two of our value investing icons. […]
Berkshire Hathaway AGM 2015 – Pender’s Key Take Away Thoughts (Part 1) We attended the Berkshire Hathaway 2015 Annual Meeting in Omaha. We like to hear first hand from two of our value investing icons. […]
Duration is a measure of a bond’s price sensitivity to a change in interest rates. It is a key factor in differentiating how funds are positioned for interest rate risk. The longer the duration (the […]
Cable TV providers find themselves at a crossroads. To adapt and compete with new internet TV entrants, like Netflix and other “over-the-top” providers, or put their business at risk to disruption. It is at this […]
The Pender Small Cap Opportunities Fund has been awarded an A+ FundGrade from Fundata for the third year running.
Active share is a relatively new calculation1 and provides a measurement of whether or not a portfolio “hugs” an index or not, which is an indication of how actively a portfolio is being managed. An […]
