We view a liquid alternative fund as the best of both worlds, offering differentiated strategies historically seen in a hedge fund, with the convenience of a mutual fund. Through a liquid alternative fund, investors can get the liquidity and transparency of a mutual fund, plus uncorrelated hedge fund strategies, the ability to borrow money cheaply and to hedge risk via short selling and other means. The benefits of both, at a lower fee structure than traditional hedge funds, combine to make for an appealing investment opportunity.
Performance (%) – Aug. 31, 2023 | Class | 1 Mo. | 3 Mo. | 6 Mo. | 1 Yr. | 2 Yr. | 5 Yr. | 10 Yr. | YTD | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|---|---|---|
Pender Alternative Absolute Return Fund | Class F | 1.2 | 1.8 | 2.7 | 8.7 | 5.2 | 7.0 | Sep-21 | |||
Pender Alternative Arbitrage Fund | Class F | -0.3 | 0.7 | -0.5 | 1.1 | 0.2 | 2.7 | Sep-21 | |||
Pender Alternative Arbitrage Plus Fund | Class F | Sep-22 | |||||||||
Pender Alternative Multi-Strategy Income Fund | Class F | Sep-22 | |||||||||
Pender Alternative Special Situations Fund | Class F | 2.2 | 6.6 | 9.3 | 9.0 | 23.8 | 15.5 | 30.6 | Jul-20 |
Annual Performance (%) | Class | 2021 | 2022 | YTD |
---|---|---|---|---|
Pender Alternative Absolute Return Fund | Class F | – | 6.3 | 5.2 |
Pender Alternative Arbitrage Fund | Class F | – | 3.1 | 0.2 |
Pender Alternative Arbitrage Plus Fund | Class F | – | – | – |
Pender Alternative Multi-Strategy Income Fund | Class F | – | – | – |
Pender Alternative Special Situations Fund | Class F | 37.1 | -16.5 | 15.5 |
Standard Performance Data is subject to important disclosures set out in our Disclaimer
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