Strategic Growth and Income Fund – Featured

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Strategic Growth and Income Fund – Q2 2023

Highlights Within the Fund’s equity holdings, strong positive contributions came from Onex Corp. (TSX: ONEX), ARC Resources Ltd. (TSX: ARX), and Burford Capital Ltd. (NYSE: BUR). Detractors included Brookfield Corporation (TSX: BN), Texas Pacific Land Corporation (NYSE: TPL), as well as Fiera Capital Corp (TSX: FSZ). However, Brookfield and Texas Pacific Land have both contributed positively over the last year. Our small-cap equity exposure through the Pender Small Cap Opportunities Fund (PSCOF) was a slight detractor, while our fixed income exposure through the Pender Corporate Bond Fund (PCBF) was a positive contributor. --- Dear Unitholders, The Pender Strategic Growth and…

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