April 1, 2022

Emerging Markets Fund – Featured

Written by Evan Warburton

The Latest

Emerging Markets – Manager’s Commentary – April-June 2022

The Pender Emerging Markets Impact Fund began operating in April and this represents our first monthly commentary. We are happy to report that despite the heightened levels of volatility, the Fund has managed to take advantage of many opportunities to buy strong emerging markets businesses at low valuations. Download PDF At the end of May, the Fund had 17 holdings across a variety of emerging market jurisdictions with exposure in sectors such as communication services, banks, diversified financials, information technology, consumer staples and consumer discretionary. Holdings in these sectors represent 56% of the Fund’s mandate. From a geographic perspective, our…

Continue Reading