Pender Strategic Growth and Income Fund
The Pender Strategic Growth and Income Fund is a conservatively managed balanced fund. The fixed income strategy of the Fund will be primarily effected through the Pender Corporate Bond Fund, with weightings generally ranging from 30-60%, and may vary depending on market conditions. The remaining assets will be mainly in equities. Direct equity strategy will be primarily effected through small to mid-sized Canadian and US companies, with an emphasis on businesses that generate stable or growing cash distributions to shareholders. The Fund provides uncapped access to the Pender Small Cap Opportunities Fund, with weightings ranging from 5-10%.
-
-
-
Class Fund Codes Description MER (Capped) Minimum Investment: Initial/[Subsequent] A PGF 600 Front End 2.25% $5,000 / [$100] F PGF 610 Fee Based 1.25% $5,000 / [$100] H PGF 640 Front End - HNW 1.95% $100,000 / [$100] I PGF 650 Fee Based - HNW 1.10% $100,000 / [$100] D PGF 660 Discount Brokerage 1.50% $5,000 / [$100] Asset Class: Global Balanced Inception Date: November 24, 2010 Valuation Frequency: Daily Eligibility: Canada-wide, Registered Plans Distributions: DRIP quarterly, cash optional Benchmark: Blended Benchmark (50% FTSE/TMX Canada Universe Bond Index, 35% S&P/TSX Composite Index, 15% S&P 500 Index) Portfolio Manager: Felix Narhi, CFA
Co- Manager: Geoff Castle
-
Monthly
- Pender Strategic Growth & Income Fund - Profile Sheet - Class F
- Pender Strategic Growth & Income Fund - Profile Sheet - Class A
Annual (POS)
- Pender Strategic Growth & Income Fund - Fund Facts (A Class)
- Pender Strategic Growth & Income Fund - Fund Facts (D Class)
- Pender Strategic Growth & Income Fund - Fund Facts (F Class)
- Pender Strategic Growth & Income Fund - Fund Facts (H Class)
- Pender Strategic Growth & Income Fund - Fund Facts (I Class)
For More Visit: Legal & Financial
-
The Latest
Pender Fixed Income – Manager’s Commentary – May 2020
The Pender Corporate Bond Fund gained 3.6%[1] in May, continuing to rebound from the COVID-related drawdown. North American credit markets continued to be well bid as both the Bank of Canada and the US Federal Reserve began to make good on their promises to purchase a variety of credit securities and ETFs. In addition, a recovery in oil prices drove improved sentiment for credit in the resource sector. Download the PDF Leading the Fund’s gains in May were our three largest oil and gas positions; W&T Offshore second liens, our recently added stake in the Chesapeake FILO term loan, and Talos second lien bonds, all of which rallied more than 40% from their April closing levels. Most other positions saw more modest gains. However, returns over ten percent were seen in bonds of civil construction contractor Tutor Perini, which delivered a strong earnings report; secured debt in fuel refiner Par…
Felix Narhi
Chief Investment Officer and Portfolio Manager
Mr. Narhi is the Chief Investment Officer of Pender and the Portfolio Manager of the Pender US All Cap Equity Fund and the Pender Strategic Growth and Income Fund, and Co-Manager of the Pender Value Fund.
Geoff Castle
Portfolio Manager
Mr. Castle is the Portfolio Manager of the Pender Corporate Bond Fund and the Pender Bond Universe Fund. He began his investing career in 2000 and has experience in both public mutual funds and proprietary investment fund management for ultra-high net worth individuals.
