Pender Alternative Absolute Return Fund
The Pender Alternative Absolute Return Fund is a flexible, high yield focused alternative credit strategy that aims to produce positive absolute returns at all stages of the economic cycle. This low-risk strategy can be used to provide diversification benefits to clients with low correlation to traditional equity and fixed income investments.
Performance information for this Fund will be added at the one year anniversary of the Fund’s inception.
Resources
Holdings information for this Fund will be added to this page in early 2022.
Class Fund Codes Description Management Fee* Admin Fee* Minimum Investment: Initial/[Subsequent] A PGF 2000 Front End 1.80% 0.50% $5,000 / [$100] F PGF 2010 Fee Based 0.80% 0.50% $5,000 / [$100] H PGF 2040 Front End – HNW 1.50% 0.50% $100,000 / [$100] I PGF 2050 Fee Based – HNW 0.65% 0.50% $100,000 / [$100] * MER was NIL at 2021-12-31 due to waiver of fees
Asset Class: Alternative Absolute Return Inception Date: September 1, 2021 Risk Rating: Low Valuation Frequency: Daily Distributions: Monthly Performance Fee: 15% of the amount by which the total return of the class of units exceeds a 3% hurdle rate. Portfolio Manager: Justin Jacobsen, CFA
Resources
Monthly
Pender Alternative Absolute Return Fund – Profile Sheet – Class F
Annual (POS)
- Pender Alternative Absolute Return Fund – Fund Facts (Class A)
- Pender Alternative Absolute Return Fund – Fund Facts (Class F)
- Pender Alternative Absolute Return Fund – Fund Facts (Class H)
- Pender Alternative Absolute Return Fund – Fund Facts (Class I)
For More Visit: Legal & Financial
Justin Jacobsen
Portfolio Manager
Justin is the Portfolio Manager of the Pender Alternative Absolute Return Fund. He joined Pender in August 2021.
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