Performance (%) – Aug.31 2022 1 Mo. 3 Mo. 6 Mo. 1 Yr. 3 Yr. 5 Yr. 10 Yr. YTD Since Inception Class A 1.5 1.6 1.4 4.7 2.4 4.7 Class F 1.5 1.8 1.9 5.2 2.9 5.2 
Class Fund Codes Description MER* Minimum Investment: Initial/[Subsequent] A PGF 2000 Front End 2.41% $5,000 / [$100] F PGF 2010 Fee Based 1.38% $5,000 / [$100] H PGF 2040 Front End – HNW 2.09% $100,000 / [$100] I PGF 2050 Fee Based – HNW 1.15% $100,000 / [$100] * MERs are as of 2022-06-30
Class Fund Codes Description Management Fee Admin Fee Minimum Investment: Initial/[Subsequent] A (US$) PGF 2001 Front End 1.80% 0.50% $5,000 / [$100] F (US$) PGF 2011 Fee Based 0.80% 0.50% $5,000 / [$100] H (US$) PGF 2041 Front End – HNW 1.50% 0.50% $100,000 / [$100] I (US$) PGF 2051 Fee Based – HNW 0.65% 0.50% $100,000 / [$100] 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
Pender Alternative Absolute Return Fund – Profile Sheet – Class IAnnual (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
The Latest
Alternative Absolute Return – August 2022
The Fund has marked one year since its inception and we are happy to now report the performance of the Fund. The Pender Alternative Absolute Return Fund finished August with a return of 1.5% bringing year to date performance to 2.9%[1]. Credit markets experienced a sharp reversal in August with a very strong tone in the first half of the month, buoyed by the perception of a dovish pivot by the Federal reserve and a strong summer technical. Market tone shifted significantly in the second half of the month, with a large options expiration on August 19, and Jerome Powell’s…
Justin Jacobsen
Portfolio Manager
Justin is the Portfolio Manager of the Pender Alternative Absolute Return Fund. He joined Pender in August 2021.
