Fees & Fund Codes

Pender Alternative Absolute Return Fund

ClassCodeDescriptionManagement FeeAdmin FeeMER*Trailer
Class APGF 2000Front End––2.411.00
Class FPGF 2010Fee Based––1.38–
Class HPGF 2040Front End – HNW––2.090.85
Class IPGF 2050Fee Based – HNW––1.15–
Class A – USPGF 2001Front End1.800.50–1.00
Class F – USPGF 2011Fee Based0.800.50––
Class H – USPGF 2041Front End – HNW1.500.50–0.85
Class I – USPGF 2051Fee Based – HNW0.650.50––

* MERs are as of 2022-06-30

Pender Alternative Arbitrage Fund

ClassCodeDescriptionManagement FeeAdmin FeeMER*Trailer
Class APGF 2100Front End––1.971.00
Class FPGF 2110Fee Based––1.35–
Class HPGF 2140Front End – HNW––1.890.85
Class IPGF 2150Fee Based – HNW––1.11–
Class A – USPGF 2101Front End1.800.50–1.00
Class F – USPGF 2111Fee Based0.800.50––
Class H – USPGF 2141Front End – HNW1.500.50–0.85
Class I – USPGF 2151Fee Based – HNW0.650.50––

* MERs are as of 2022-06-30

Pender Alternative Arbitrage Plus Fund

ClassFund CodesDescriptionManagement FeeAdmin FeeTrailer
APGF 2200Front End1.80%0.50%1.00
FPGF 2210Fee Based0.80%0.50%–
HPGF 2240Front End – HNW1.50%0.50%0.85
IPGF 2250Fee Based – HNW0.65%0.50%–
A – USPGF 2201Front End1.80%0.50%1.00
F – USPGF 2211Fee Based0.80%0.50%–
H – USPGF 2241Front End – HNW1.50%0.50%0.85
I – USPGF 2251Fee Based – HNW0.65%0.50%–

Pender Alternative Multi-Strategy Income Fund

ClassFund CodesDescriptionManagement FeeAdmin FeeTrailer
APGF 1200Front End1.80%0.50%1.00
FPGF 1210Fee Based0.80%0.50%–
HPGF 1240Front End – HNW1.50%0.50%0.85
IPGF 1250Fee Based – HNW0.65%0.50%–

Pender Alternative Special Situations Fund

ClassCodeDescriptionManagement Fee*Admin Fee*Trailer
Class APGF 1500Front End1.950.501.00
Class FPGF 1510Fee Based0.950.50–
Class HPGF 1540Front End – HNW1.650.500.85
Class IPGF 1550Fee Based – HNW0.800.50–

* MER was NIL at 2022-06-30 due to waiver of fees

Pender Bond Universe Fund

ClassCodeDescriptionMER*Trailer
Class APGF 1400Front End1.180.35
Class FPGF 1410Fee Based0.67–

* MERs are as of 2022-06-30

Pender Corporate Bond Fund

ClassCodeDescriptionMER*Trailer
Class APGF 500Front End2.060.80
Class FPGF 510Fee Based1.19–
Class HPGF 540Front End-HNW1.730.65
Class IPGF 550Fee Based-HNW1.03–
Class A – USPGF 501Front End2.080.80
Class F – USPGF 511Fee Based1.19–
Class H – USPGF 541Front End-HNW1.750.65
Class I – USPGF 551Fee Based-HNW1.04–

* MERs are as of 2022-06-30

Pender Enhanced Income Fund

ClassCodeDescriptionMER*Trailer
Class APGF 1000Front End2.351.00
Class FPGF 1010Fee Based1.28–
Class IPGF 1050Fee Based-HNW1.11–

* MERs are as of 2022-06-30

Pender Global Focused Fund

ClassCodeDescriptionMER*Trailer
Class APGF 800Front End2.431.00
Class FPGF 810Fee Based1.30–
Class HPGF 840Front End-HNW2.110.85
Class IPGF 850Fee Based -HNW1.21–
Class A – USPGF 801Front End2.451.00
Class F – USPGF 811Fee Based1.37–

* MERs are as of 2022-06-30

Pender Partners Fund

ClassCodeDescriptionMER*Trailer
Class APGF 1100Front End2.491.00
Class F2PGF 1113Fee Based1.42–
Class IPGF 1150Fee Based-HNW1.26–

* MERs are as of 2021-12-31

Pender Small Cap Opportunities Fund

ClassCodeDescriptionMER*Trailer
Class APGF 315Front End2.641.00
Class FPGF 320Fee Based1.59–
Class BPGF 380Front End2.631.00
Class GPGF 390Fee Based1.57–

* MERs are as of 2022-06-30

Pender Small/Mid Cap Dividend Fund

ClassCodeDescriptionMER*Trailer
Class APGF 1300Front End2.581.00
Class FPGF 1310Fee Based1.53–
Class HPGF 1340Front End-HNW2.260.85
Class IPGF 1350Fee Based-HNW1.37–

* MERs are as of 2022-06-30

Pender Strategic Growth & Income Fund

ClassCodeDescriptionMER*Trailer
Class APGF 600Front End2.341.00
Class FPGF 610Fee Based1.28–
Class HPGF 640Front End-HNW2.000.85
Class IPGF 650Fee Based-HNW1.12–

* MERs are as of 2022-06-30

Pender Value Fund

ClassCodeDescriptionMER*Trailer
Class APGF 200Front End2.511.00
Class FPGF 210Fee Based1.45–
Class HPGF 240Front End-HNW2.200.85
Class IPGF 250Fee Based-HNW1.29–

* MERs are as of 2022-06-30

PenderFund
©2023 PenderFund Capital Management Ltd. All Rights Reserved.