Pender announces liquid-alt fund conversions
“As of September 1, the Pender Value Fund II (PVFII) and the Pender Special Situations Fund (PSSF) will be converted into a liquid alternative fund as set out under NI 81-102.”
After the conversion, PVFII aims to achieve capital growth over the long-term, while being sufficiently diversified to mitigate volatility, primarily by investing in North American securities.