Pender Corporate Bond Fund

The Pender Corporate Bond Fund is an income fund that is both conservatively managed to preserve capital, as well as opportunistic to generate returns. The Fund is focused on key credit characteristics – coverage, seniority and duration. It is driven by bottom up fundamental analysis, the Fund seeks to use its nimble size to invest in opportunities large or index based funds cannot. This advantage could provide investors with an attractive cash yield, while maintaining positions in attractively valued securities that provide a margin-of-safety for investors.

Class	Fund Codes	Description	MER*	Minimum Investment: Initial/[Subsequent]
A	PGF 500	Front End	2.01%	$5,000 / [$100]
F	PGF 510	Fee Based	1.17%	$5,000 / [$100]
A (US$)	PGF 501	Front End	1.98%	US$5,000/ [US$100]
F (US$)	PGF 511	Fee Based	1.14%	US$5,000/ [US$100]
U	PGF 518	Fee Based	1.14%	$5,000/ [$100]
H	PGF 540	Front End – HNW	1.69%	$100,000 / [$100]
I	PGF 550	Fee Based – HNW	1.02%	$100,000 / [$100]
H (US$)	PGF 541	Front End – HNW	1.68%	US$100,000 / [$100]
I (US$)	PGF 551	Fee Based – HNW	1.00%	US$100,000 / [$100]
D	PGF 560	Discount Brokerage	1.17%	$5,000 / [$100]

*As at 2021-12-31

Asset Class: Fixed Income Securities
Inception Date: June 1, 2009
Valuation Frequency: Daily
Eligibility: Canada-wide, Registered Plans
Distributions: DRIP monthly, cash optional
Benchmark: FTSE TMX Canada Bond Universe
Portfolio Manager: Geoff Castle

Know Your Product
- Pender Corporate Bond Fund Brochure – June 30th, 2022
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Annual (POS)
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The Latest
Fixed Income – July 2022
The Pender Corporate Bond Fund emerged from July with a positive return of 1.9%[1]. The compressed spring of lower bond prices unwound a bit in the month as a potential slowdown in inflation provided the occasion for a celebratory rally. That inflation slowdown also had positive implications for our sister Fund, the Pender Bond Universe Fund, which rallied 2.1% in July1. Download PDF Leading the way for the Corporate Bond Fund were several bright spots. Our position in the July 2023 notes of Precigen, Inc. (NASDAQ:PGEN) rallied 15% in the month as that company announced plans to sell a subsidiary…
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Recent Commentaries

Pender Corporate Bond Fund

Know Your Product

Monthly

Annual (POS)

The Latest

Fixed Income – July 2022

Recent Commentaries

Geoff Castle

Portfolio Manager

Parul Garg

Associate Portfolio Manager

Emily Wheeler

Associate Portfolio Manager

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