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 – December 2022
HIGHLIGHTS The Fund had a nice recovery in the fourth quarter with a return of 9.7%. Maxar Technologies Inc. (TSX: MAXR) was a top contributor to the portfolio after private equity firm Advent International made a bid to acquire the company at a large premium. Maxar was a long-term holding in the portfolio, and we had been adding to our position during 2022. Also contributing positively to the portfolio in the quarter were positions in Magnet Forensics Inc. (TSX: MAGT), Spartan Delta Corp. (TSX: SDE), Copperleaf Technologies Inc. (TSX: CPLF), and Sylogist Ltd. (TSX: SYZ). A new holding is the…
David Barr
CEO & Portfolio Manager
Mr. Barr is the CEO of Pender. He is also the Portfolio Manager of several of Pender’s funds.
Sign Up To Our Newsletter
Stay Connected
Join our online community and receive a monthly round up of new blog posts, commentaries, podcasts, media coverage and more.
