The investment objective of the Pender Emerging Markets Impact Fund is to provide long-term capital growth to investors. The Fund will invest primarily in companies with operations located in emerging market countries, with business models that are of high quality, and which possess positive and sustainable earnings growth potential. Equally important, the Fund will be strongly aligned and partially invested in impact-type holdings that address environmental, social and governance (ESG) issues.
Emerging market equities offer many potential benefits to investors. They provide the opportunity to diversify portfolios and participate in a broader set of companies that are fundamentally driven by different drivers than their developed markets peers. In our view there are opportunities to uncover high quality enterprises that have significant compounding potential and are trading at a discount to our estimates of intrinsic value.
|Class||Fund Codes||Description||Management Fee*||Minimum Investment: Initial/[Subsequent]|
|A||PGF 1700||Front End||1.80%||$5,000 / [$100]|
|F||PGF 1710||Fee Based||0.80%||$5,000 / [$100]|
|H||PGF 1740||Front End – HNW||1.50%||$100,000 / [$100]|
|I||PGF 1750||Fee Based – HNW||0.65%||$100,000 / [$100]|
|* Management fee is subject to a 0.50% admin fee and excludes taxes|
|Asset Class: Emerging Markets Equity|
|Inception Date: April 1, 2022|
|Valuation Frequency: Daily|
|Eligibility: Canada wide, Registered Plans|
|Distributions: DRIP annually, cash optional|
|Benchmark: MSCI Emerging Markets Index (CAD)|
|Portfolio Manager: Patricia Perez-Coutts|
Holdings information for this Fund will be added to this page in Q3 2022.