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.
Class Fund Codes Description MER Minimum Investment: Initial/[Subsequent] A PGF 1300 Front End 2.45% $5,000 / [$100] F PGF 1310 Fee Based 1.45% $5,000 / [$100] H PGF 1340 Front End-HNW 2.15% $100,000 / [$100] I PGF 1350 Fee Based 1.30% $100,000 / [$100] D PGF 1360 Discount Brokerage 1.45% $5,000 / [$100] Asset Class: Small/Mid Cap Equities Inception Date: January 31, 2020 Valuation Frequency: Weekly Eligibility: Canada-wide, Registered Plans Distributions: Drip quarterly, cash optional Benchmark: S&P/TSX Composite Index Portfolio Manager: David Barr, CFA
Associate Portfolio Manager: Amar Pandya, CFA
Pender Small / Mid Cap Dividend Fund Brochure – Know Your Product
Monthly
- Pender Small/Mid Cap Dividend Fund – Fund Facts (A Class)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (F Class)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (I Class)
Annual (POS)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (A Class)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (D Class)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (F Class)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (H Class)
- Pender Small/Mid Cap Dividend Fund – Fund Facts (I Class)
For More Visit: Legal & Financial
The Latest
Small/Mid Cap Dividend – Manager’s Commentary – December 2021
Dear unitholders, The Pender Small/Mid Cap Dividend Fund performed well in 2021 – returning 28.7%[1] for 2021 compared to 25.2% for the S&P/TSX Composite Index and 20.4% for the S&P/TSX Small Cap Index. Since the Fund’s inception in January 2020, it has delivered an annualized return of 37.2% compared to the TSX at 14.6% and 19.1% for the TSX Small Cap Index. Download PDF Through the second half of 2021, the message was that stock prices were diverging from the underlying intrinsic value of businesses. This has been particularly acute in certain parts of the markets, such as small-cap, technology…
David Barr
CEO & Portfolio Manager
Mr. Barr is the CEO of Pender. He is also the Portfolio Manager of several of Pender’s funds.
Amar Pandya
Portfolio Manager
Amar Pandya is a Portfolio Manager at Pender. He joined the company in October 2017.
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