The Pender Strategic Growth and Income Fund is a conservatively managed balanced fund. The fixed income strategy of the Fund will be primarily effected through the Pender Corporate Bond Fund, with weightings generally ranging from 30-60%, and may vary depending on market conditions. The remaining assets will be mainly in equities. Direct equity strategy will be primarily effected through small to mid-sized Canadian and US companies, with an emphasis on businesses that generate stable or growing cash distributions to shareholders. The Fund provides uncapped access to the Pender Small Cap Opportunities Fund, with weightings ranging from 5-10%.
Class | Fund Codes | Description | MER* | Minimum Investment: Initial/[Subsequent] |
A | PGF 600 | Front End | 2.28% | $5,000 / [$100] |
F | PGF 610 | Fee Based | 1.26% | $5,000 / [$100] |
H | PGF 640 | Front End – HNW | 1.97% | $100,000 / [$100] |
I | PGF 650 | Fee Based – HNW | 1.10% | $100,000 / [$100] |
D | PGF 660 | Discount Brokerage | 1.31% | $5,000 / [$100] |
*As at 2021-12-31
Asset Class: Growth and Income Fund |
Inception Date: November 24, 2010 |
Valuation Frequency: Daily |
Eligibility: Canada-wide, Registered Plans |
Distributions: DRIP quarterly, cash optional |
Benchmark: Blended Benchmark (50% FTSE/TMX Canada Universe Bond Index, 35% S&P/TSX Composite Index, 15% S&P 500 Index) |
Portfolio Manager: Felix Narhi, CFA Co- Manager: Geoff Castle |
For More Visit: Legal & Financial
Mr. Narhi is the Chief Investment Officer of Pender and the Portfolio Manager of the Pender Global Focused Fund (formerly the Pender US All Cap Equity Fund) and the Pender Strategic Growth and Income Fund, and Co-Manager of the Pender Value Fund.
Mr. Castle is the Portfolio Manager of the Pender Corporate Bond Fund and the Pender Bond Universe Fund. He began his investing career in 2000 and has experience in both public mutual funds and proprietary investment fund management for ultra-high net worth individuals.
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