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%.
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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
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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
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The Latest
Pender Strategic Growth & Income Fund – Managers Commentary – January 2020
The Pender Strategic Growth & Income Fund had a modest start to 2020 with F Class units of the Fund returning 1.10%. The fixed income portion of the Fund (Pender Corporate Bond Fund, Class O) returned 0.32% (40.6% weight), the small cap allocation portion of the Fund (Pender Small Cap Opportunities Fund, Class O) returned 3.84% (5.5% weight) while the remainder of the returns came by way of the segregated equities holdings. Download the PDF Fixed Income The Pender Corporate Bond Fund (“PCBF”) had a modestly positive month in January, as an early year rally in wider spread credits faded towards the end of the month with investors focusing on the risks related to coronavirus, amongst other issues. In recent years, the US 10-year Term Premium, or the extra economic yield investors receive for accepting longer duration exposure, has fallen below zero on the US 10-year bond. With this in…
Recent Commentaries
- Pender Corporate Bond Fund – Manager’s Commentary – January 2020
- Pender Strategic Growth & Income Fund – Managers Commentary – December 2019
- Pender Corporate Bond Fund – Manager’s Commentary – December 2019
- CIO’s Commentary – Felix Narhi
- Pender Corporate Bond Fund – Manager’s Commentary – November 2019
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.
