• Big Opportunities in Small Cap

    Small Cap Investing at Pender

Webinar Replay: Pender Small Cap Insights – Opportunities, Catalysts, and Positioning

Pender Small Cap Insights with David Barr

On November 5, we hosted an exclusive webinar featuring David Barr, Pender CEO and Portfolio Manager. David shared his insights into the opportunities, potential catalysts, and the positioning of his small cap portfolios.

Watch the replay to hear David’s approach to navigating today’s small cap markets.

For financial professionals only

Watch the replay

One of Pender’s core areas of expertise is investing in small cap companies. We have developed a circle of competence over more than twenty years of fundamental analysis and deep due diligence in small caps, which has contributed to a strong, long-term track record of performance.

Why Small Cap?

Small and mid-sized companies are more agile than their supersized brethren and often operate segments of the market where inefficiencies reside. Their relative dynamism compared to large- or mega-cap companies presents us with a range of outcomes to generate potential capital gains for our clients.

Pender’s Approach to Small Cap Investing

At Pender, we employ a private equity approach to public markets, using a deep due diligence, research-based process for identifying and investing in high quality small-to-mid cap companies, with the potential for significant capital appreciation.

Our Process in Practice

Pender Small Cap Opportunities Fund

An opportunistic, concentrated portfolio focused on undervalued small and microcap companies with strong underlying economics, predominantly in Canada.  

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Performance

Effective June 28, 2024, the Pender Small/Mid Cap Dividend Fund merged with the Pender Small Cap Opportunities Fund. On completion of the merger, all of the assets and investments of the Pender Small/Mid Cap Dividend Fund were transferred to the Pender Small Cap Opportunities Fund and unitholders of the Pender Small/Mid Cap Dividend Fund became unitholders of the Pender Small Cap Opportunities Fund.

Portfolio Team

David Barr

David Barr, CFA

CEO and Portfolio Manager

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Sharon Wang

Senior Equity Analyst

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Tracy Tidy, CFA

Equity Analyst

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Aman Budhwar, CFA

Portfolio Manager

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Resources

Watch Pender’s CEO and Portfolio Manager, David Barr, present ‘Finding Emerging Compounders’ to the Ivey Business School, at the Ben Graham Centre for Value Investing.

Our selection of Pender Small Cap Podcasts

Listen

Hub: Unlocking Value: Catalyst-Driven Investing

Explore

Investor Education: Pender’s Small Cap Ecosystem

Read

In The News

Coiled Tight: Smaller Companies Are Primed for Outperformance

May 8, 2024

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Is there ever a time when dividend investing doesn’t make sense?

November 24, 2023

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What’s the best way to pick good small-cap stocks for my investment portfolio?

September 29, 2023

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Power trip: Energy transition opens investing opportunities

September 17, 2023

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Small but mighty: five reasons why small caps are set to outperform

March 28, 2023

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Like Taylor Swift’s career, small-cap stocks are set for a rebound

March 9, 2024

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We’re reaching an inflection point for Canadian small caps: David Barr

November 21, 2023

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Trick or treat? Bobbing for multi-baggers in the small cap market

September 26, 2023

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The upside of pessimism and why investors should give small caps a look

August 31, 2023

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Opportunities in unprofitable small-cap stocks: Three hot picks

February 7, 2023

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Video replay: Three small cap stock picks for 2024 with David Barr

January 9, 2023

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How can I tell whether a stock is a value buy or a value trap?

October 20, 2023

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How mastering the art of scuttlebutt can generate alpha

September 20, 2023

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