- *1 year performance is unavailable as the Fund’s inception date was September 8, 2021. Please refer to return since inception.
Class Fund Codes Description MER* Minimum Investment: Initial/[Subsequent] A PGF 2100 Front End 1.97% $5,000 / [$100] F PGF 2110 Fee Based 1.35% $5,000 / [$100] H PGF 2140 Front End – HNW 1.89% $100,000 / [$100] I PGF 2150 Fee Based – HNW 1.11% $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 2101 Front End 1.80% 0.50% $5,000 / [$100] F (US$) PGF 2111 Fee Based 0.80% 0.50% $5,000 / [$100] H (US$) PGF 2141 Front End – HNW 1.50% 0.50% $100,000 / [$100] I (US$) PGF 2151 Fee Based – HNW 0.65% 0.50% $100,000 / [$100] Asset Class: Alternative Merger Arbitrage Inception Date: September 8, 2021 Risk Rating: Low Valuation Frequency: Daily Distributions: Annually in December Performance Fee: 15% of the amount by which the total return of the class of units exceeds its high-water mark Portfolio Manager: Amar Pandya, CFA Resources
Monthly
Pender Alternative Arbitrage Fund – Profile Sheet – Class F
Annual (POS)
- Pender Alternative Arbitrage Fund – Fund Facts (Class A)
- Pender Alternative Arbitrage Fund – Fund Facts (Class AF)
- Pender Alternative Arbitrage Fund – Fund Facts (Class F)
- Pender Alternative Arbitrage Fund – Fund Facts (Class FF)
- Pender Alternative Arbitrage Fund – Fund Facts (Class H)
- Pender Alternative Arbitrage Fund – Fund Facts (Class I)
Annual (POS) (Arbitrage Plus)
- Pender Alternative Arbitrage Plus Fund – Fund Facts CAD (Class A)
- Pender Alternative Arbitrage Fund – Fund Facts USD (Class A)
- Pender Alternative Arbitrage Plus Fund – Fund Facts CAD (Class F)
- Pender Alternative Arbitrage Plus Fund – Fund Facts USD (Class F)
- Pender Alternative Arbitrage Plus Fund – Fund Facts CAD (Class H)
- Pender Alternative Arbitrage Plus Fund – Fund Facts USD (Class H)
- Pender Alternative Arbitrage Plus Fund – Fund Facts CAD (Class I)
- Pender Alternative Arbitrage Plus Fund – Fund Facts USD (Class I)
For More Visit: Legal & Financial
The Latest
Alternative Arbitrage – August 2022
The Pender Alternative Arbitrage Fund (PAAF) marked one year since its inception on September 8, 2022 with performance of 4.3% since inception. The Fund was up 1.1% in August, bringing year to date performance to 2.2%[1]. The Pender Alternative Arbitrage Fund was launched with the goal of providing investors with a low-risk, low-volatility, absolute return-focused investment strategy that offers diversification benefits to investors with low correlation to traditional assets. A key motivation to launch the Fund was to focus on less followed small and mid-cap North American merger deals leveraging Pender’s research, due diligence and trading expertise in smaller cap…
Amar Pandya
Portfolio Manager
Amar Pandya is a Portfolio Manager at Pender. He joined the company in October 2017.
