Pender Small Cap Opportunities Fund
Classes B and G of the Pender Small Cap Opportunities Fund are currently open to retail investors.
The Pender Small Cap Opportunities Fund is an opportunistic, concentrated portfolio. The Fund is focused on undervalued small and microcap companies with strong underlying economics, predominantly in Canada. The manager often seeks out special situations, and has a track record of identifying catalysts, where market-leading companies have been acquired. After deep fundamental analysis these businesses are purchased at a discount to our estimate of intrinsic value.
Standard Performance Data is subject to important disclosures set out in our Disclaimer
Class Fund Codes Description MER* Min. Investment: Initial/[Subsequent] Performance Fee A PGF 315 Front End 2.64% F PGF 320 Fee Based 1.59% B PGF 380 Front End 2.63% $5,000 / [$100] 20% of excess of total return over benchmark
return, subject to a high water markG PGF 390 Fee Based 1.57% $5,000 / [$100] 20% of excess of total return over benchmark
return, subject to a high water markI PGF 350 Fee Based – HMW 1.43% *As at 2022 – 06-30
Asset Class: Small Cap Equity Inception Date: June 1, 2009 Valuation Frequency: Weekly Eligibility: Canada-wide, Registered Plans Distributions: DRIP annually, cash optional Benchmark: S&P/TSX Composite Index Portfolio Manager: David Barr, CFA. Know Your Product
Monthly
- Pender Small Cap Opportunities Fund – Profile Sheet – Class F
- Pender Small Cap Opportunities Fund – Profile Sheet – Class A
- Pender Small Cap Opportunities Fund – Profile Sheet – Class B
- Pender Small Cap Opportunities Fund – Profile Sheet – Class G
Annual (POS)
- Pender Small Cap Opportunities Fund – Fund Facts (A Class)
- Pender Small Cap Opportunities Fund – Fund Facts (F Class)
- Pender Small Cap Opportunities Fund – Fund Facts (I Class)
- Pender Small Cap Opportunities Fund – Fund Facts (B Class)
- Pender Small Cap Opportunities Fund – Fund Facts (G Class)
For More Visit: Legal & Financial
The Latest
Small Cap Equity – September 2022
Fellow unit holders, The Pender Small Cap Opportunities returned -12.5% in September, bringing returns so far this year to -34.8%[1]. This was a challenging period for the Fund, which was up against a difficult market environment, particularly for the small/micro-cap and technology companies that we own in the Fund. In Canada, the broad-based S&P/TSX Composite Index is down about 13% so far this year. The energy sector has been a big driver of returns and is up 15.6.%, while the technology sector is down 57.5% year to date. Download PDF We have historically had about 30-40% of the Fund invested…
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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