Small / Mid Cap Dividend Fund – Featured

January 11, 2022
Written by Evan Warburton

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Small/Mid Cap Dividend – September 2023

Highlights The top contributors included Computer Modeling Group, Saturn Oil & Gas, Spartan Delta, and NFI Group. Among the detractors were Chorus Aviation, and Trisura Group, despite posting strong quarterly earnings. The Fund took advantage of the recent volatility to initiate two new holdings during the quarter: Canacol Energy and Aecon Group. The Pender Small / Mid Cap Dividend Fund (PSMDF) ended September 2023 with total returns of 0.4% for the quarter, outperforming the S&P TSX Composite Index total return of -2.2% and the S&P TSX Small Cap Index total return of -0.8%[1]. Download PDF The quarter saw some unusual…

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