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 (%) - June 30, 20251 Mo.3 Mo.6 Mo.1 Yr.2 Yr.3 Yr.5 Yr.10 Yr.15 Yr.YTDSince InceptionInception Date
A5.77.5-1.814.217.711.710.0-2.22.7-1.83.32003-10-31
F25.87.8-1.215.419.012.911.2-1.23.7-1.25.41998-04-03
Annual Performance (%)20172018201920202021202220232024YTD
A4.8-37.1-11.9-0.315.1-28.06.134.6-1.8
F25.6-36.4-11.10.716.3-27.37.236.0-1.2

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

  • Asset Allocation(%)
    US Equities54.0
    Canadian Equities36.9
    Cash5.5
    Foreign Equities3.0
    Other Assets0.6
    Sector Allocation(%)
    Information Technology22.3
    Financial Services17.2
    Industrials14.9
    Health Care12.1
    Consumer Discretionary7.1
    Materials5.7
    Cash5.5
    Banks4.6
    Other Sectors4.2
    Insurance3.3
    Consumer Staples3.1
    Currency Allocation(%)
    USD55.3
    CAD41.7
    Other3.0
    Top 10 HoldingsFund (%)
    Pender Small Cap Opportunities Fund29.7
    Jabil Inc.5.7
    Webster Financial Corporation4.6
    Brookfield Corporation4.3
    Mercer Park Opportunities Corp.4.1
    Onex Corporation3.8
    Hexcel Corporation3.5
    Markel Group Inc.3.3
    Copa Holdings, S.A.3.2
    Fevertree Drinks PLC3.0
    Total Percentage of Top 10 Holdings65.20%
    Total Net Assets of Fund$8,325,122
  • Class Code DescriptionMER1TrailerMin. Investment: Initial/[Subsequent]
    APGF 1100Front End2.47%1.00%$25,000/[$10,000]
    F2PGF 1113Fee Based1.41%$25,000/[$10,000]
    IPGF 1150Fee Based - HNW1.25%$100,000/[$10,000]

    1 As at 31-12-2024. 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 3, 1998
    Valuation Frequency: Monthly
    Distributions: DRIP Annually, Cash Optional
    Benchmark: Blended Benchmark (50% S&P/TSX, 50% S&P500 CAD)
    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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