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.
Class Fund Codes Description MER Min. Investment: Initial/[Subsequent] Performance Fee A PGF 315 Front End 2.45% F PGF 320 Fee Based 1.45% I PGF 350 Fee Based – HMW 1.30% B PGF 380 Front End 2.45% $5,000 / [$100] 20% of excess of total return over benchmark
return, subject to a high water markG PGF 390 Fee Based 1.45% $5,000 / [$100] 20% of excess of total return over benchmark
return, subject to a high water markAsset 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. 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 (B Class)
- Pender Small Cap Opportunities Fund – Fund Facts (G Class)
For More Visit: Legal & Financial
The Latest
Small Cap Equity – Manager’s Commentary – November 2021
Fellow unit holders, The Pender Small Cap Opportunities Fund was up 1.3%[1] in November, outperforming the S&P/TSX Composite Index and the S&P/TSX Small Cap Index, which were down 1.6% and 3.6%, respectively. In the US, major indices lost ground in the month, with the S&P 500 Index (USD) down 0.7% and the Russell 2000 Index (USD) down 4.2%. In terms of Canadian dollars, the S&P 500 Index (CAD) gained 2.5% and the Russell 2000 Index remained in negative territory with 1.1% loss. Download PDF The outperformance of the Fund was driven by security selection, led by performance in WeCommerce Holdings…
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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