Pender Strategic Growth and Income Fund
The Pender Strategic Growth and Income Fund (formerly the Pender Balanced Fund) is a conservatively managed balanced fund. Our investment team believes that at any point in time, individual securities, sectors or asset classes can become mispriced so the Fund is also designed to be opportunistic. The Pender Strategic Growth and Income Fund has a flexible mandate that can move from 80/20 to 20/80 fixed income/equity. It looks for securities with the best risk/return balance, regardless of whether that is through capital appreciation or income.
-
-
-
Class Fund Codes MER (Capped) Minimum Investment: Initial/[Subsequent] A PGF 600 2.25% $5,000 / [$500] F PGF 610 1.25% $5,000 / [$500] H PGF 640 1.95% $100,000 / [$1,000] I PGF 650 1.10% $100,000 / [$1,000] D PGF 660 1.50% $5,000 / [$500] Asset Class: Global Balanced Inception Date: November 24, 2010 Valuation Frequency: Daily Eligibility: Canada-wide, Registered Plans & TFSA's 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. Chief Investment Officer and Portfolio Manager, PenderFund Capital Management.
Co- Manager: Geoff Castle, Portfolio Manager, PenderFund Capital Management.
-
Monthly
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
CIO’s Quarterly Commentary – Felix Narhi – Q4 2018
“We can ignore reality but we cannot ignore the consequences of ignoring reality”- Ayn Rand In this commentary we cover: The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. What we did last December when “The Tide Went Out”: Comments on WYNN, SSNC, KKR Value traps in the age of disruption and the need to adapt Download the pdf 2018 was a tough year for investors, particularly the fourth quarter, including for us. A number of our holdings dropped in price in sympathy with the market correction. For the year, the S&P 500 dropped 6.2%, the Dow fell 5.6% and the Nasdaq Composite shed 3.9%, marking the worst annual performance for all three indices since 2008. Most other indices and asset classes were hit as well. There was virtually nowhere to hide. Unless an investor held cash, she likely experienced…
Recent Commentaries
- Pender Corporate Bond Fund – Manager’s Commentary – February 2019
- Pender Corporate Bond Fund – Manager’s Commentary – January 2019
- Pender Corporate Bond Fund – Manager’s Monthly Commentary – December 2018
- Manager’s Q3 Commentary – Felix Narhi
- Pender Corporate Bond Fund – Manager’s Commentary – Geoff Castle – November 2018
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.
