Alternative Absolute Return Fund – Featured

January 7, 2022
Written by Evan Warburton

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Alternative Absolute Return – May 2024

Highlights Despite historically expensive valuations at the start of the month, risk assets performed well. The Fund benefitted from several individual long positions where catalysts played out consistent with or even quicker than our initial investment thesis in May. The Fund added to two positions in May where we expect a combination of attractive carry and an early call to provide strong risk adjusted returns in the coming quarters with limited downside. The Pender Alternative Absolute Return Fund finished May with a return of 0.1% bringing year to date return to 4.2%[1]. Download the PDF. Despite historically expensive valuations at…

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