Pender Small / Mid Cap Dividend Fund
The Pender Small/Mid Cap Dividend Fund is designed to provide investors with a combination of long-term capital appreciation and a stable quarterly stream of cash distributions. The Fund will invest primarily in Canadian securities, with a focus on, but not limited to, dividend paying small/mid cap companies. Assets in the Fund may also be held in cash or other securities to the extent that the economic, market, or other conditions make it appropriate.
Visit the Pender Small Cap Hub for all of our latest news, information and articles.
Class Fund Codes Description MER* Minimum Investment: Initial/[Subsequent] A PGF 1300 Front End 2.59% $5,000 / [$100] F PGF 1310 Fee Based 1.55% $5,000 / [$100] H PGF 1340 Front End-HNW 2.26% $100,000 / [$100] I PGF 1350 Fee Based 1.37% $100,000 / [$100] *As at 2023-06-30. 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: Small/Mid Cap Equities Inception Date: January 31, 2020 Valuation Frequency: Daily Eligibility: Canada-wide, Registered Plans Distributions: Drip quarterly, cash optional Benchmark: S&P/TSX Composite Index Co- Manager: David Barr, CFA
Co- Manager: Aman Budhwar, CFA
Know Your Product
Monthly
- Pender Small/Mid Cap Dividend Fund – Profile Sheet – CAD – Class A
- Pender Small/Mid Cap Dividend Fund – Profile Sheet – CAD – Class F
- Pender Small/Mid Cap Dividend Fund – Profile Sheet – CAD – Class I
Annual (POS)
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class A
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class F
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class H
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class I
For More Visit: Legal & Financial
The Latest
Small/Mid Cap Dividend – September 2023
Highlights The top contributors included Computer Modeling Group, Saturn Oil & Gas, Spartan Delta, and NFI Group. Among the detractors were Chorus Aviation, and Trisura Group, despite posting strong quarterly earnings. The Fund took advantage of the recent volatility to initiate two new holdings during the quarter: Canacol Energy and Aecon Group. The Pender Small / Mid Cap Dividend Fund (PSMDF) ended September 2023 with total returns of 0.4% for the quarter, outperforming the S&P TSX Composite Index total return of -2.2% and the S&P TSX Small Cap Index total return of -0.8%[1]. Download PDF The quarter saw some unusual…
Recent Commentaries
Standard Performance Data is subject to important disclosures set out in our Disclaimer
David Barr
CEO & Portfolio Manager
Mr. Barr is the CEO of Pender. He is also the Portfolio Manager of several of Pender’s funds.
Aman Budhwar
Portfolio Manager
Aman Budhwar joined Pender in February 2022 as an Associate Portfolio Manager.
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