Pender Partners Fund

The Pender Partners Fund is offered privately under an Offering Memorandum, pursuant to prospectus exemptions. It is an equity fund comprising a portfolio of securities which we believe have the potential for long term capital appreciation, regardless of market cap or geographical constraints. The objective of the Fund is to achieve capital growth over the long-term for unitholders, while being sufficiently diversified to mitigate volatility.

Since Inception returns are from Oct 2003. All returns greater than a year are annual compounded returns.

Performance (%) - January 31, 20251 Mo.3 Mo.6 Mo.1 Yr.2 Yr.3 Yr.5 Yr.10 Yr.15 Yr.YTDSince InceptionInception Date
A1.26.911.732.816.74.33.5-1.62.81.23.52003-10-31
F21.37.212.334.218.05.54.6-0.73.81.35.61998-04-03
Annual Performance (%)20172018201920202021202220232024YTD
A4.8-37.1-11.9-0.315.1-28.06.134.61.2
F25.6-36.4-11.10.716.3-27.37.236.01.3

Standard Performance Data is subject to important disclosures set out in our Disclaimer.

  • Asset Allocation(%)
    Canadian Equities52.3
    US Equities47.4
    Other Assets1.7
    Cash-1.4
    Sector Allocation(%)
    Information Technology29.2
    Industrials16.0
    Financial Services14.3
    Health Care14.0
    Other Sectors11.5
    Consumer Discretionary4.7
    Materials4.2
    Energy3.8
    Banks3.7
    Cash-1.4
    Currency Allocation(%)
    CAD50.5
    USD48.2
    Other1.3
    Top 10 HoldingsFund (%)
    Pender Small Cap Opportunities Fund37.7
    Pender Value Fund13.8
    Webster Financial Corporation3.7
    Jabil Inc.3.0
    Brookfield Corporation3.0
    Hexcel Corporation2.9
    Mercer Park Opportunities Corp.2.9
    Harmonic Inc.2.6
    Onex Corporation2.5
    Markel Group Inc.2.1
    Total Percentage of Top 10 Holdings74.20%
    Total Net Assets of Fund$12,404,250
  • Class Fund Codes Description MER*  Minimum Investment: Initial/[Subsequent]
    A PGF 1100 Front End 2.49% $5,000 / [$100]  
    F2 PGF 1113 Fee Based 1.42% $5,000 / [$100]  
    I PGF 1150 Fee Based – HNW 1.26% $100,000 / [$100]  

    *As at 2024-06-30. The management expense ratio (“MER”) is calculated based on expenses charged to the fund inclusive of applicable taxes including GST and HST (excluding commissions and other portfolio transaction costs) and is expressed as an annualized percentage of average net assets for the period/year. The applicable taxes are calculated using the attribution percentage for each province based on unitholder residency.

    Asset Class: All Cap Equities
    Inception Date: April, 1998
    Valuation Frequency: Monthly
    Eligibility: AB, BC, MB, NB, NS, NT, ON, PE, SK; Registered Plans
    Distributions: DRIP annually, cash optional

    Portfolio Manager: David Barr, CFA

David Barr

David Barr

CEO & Portfolio Manager

Mr. Barr is the CEO of Pender. He is also the Portfolio Manager of several of Pender’s funds.

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