Pender Value Fund
The Pender Value Fund is a go-anywhere, concentrated portfolio consisting of the top “Best Ideas” from the Pender investment team, including special situations. Bottom up fundamental analysis of each investment results in a portfolio of securities which we believe have the potential for long term capital appreciation, regardless of market cap or geographical constraints.
Class Fund Codes Description MER* Minimum Investment: Initial/[Subsequent] A PGF 200 Front End 2.46% $5,000 / [$100] F PGF 210 Fee Based 1.43% $5,000 / [$100] H PGF 240 Front End – HNW 2.16% $100,000 / [$100] I PGF 250 Fee Based – HNW 1.27% $100,000 / [$100] D PGF 260 Discount Brokerage 1.43% $5,000 / [$100] *As at 2021-12-31
Asset Class: Canadian and US Equity Fund Inception Date: June 28, 2013 Valuation Frequency: Daily Eligibility: Canada-wide, Registered Plans Distributions: DRIP annually, cash optional Benchmark: S&P/TSX Composite Index Portfolio Manager: David Barr, CFA.
Co- Manager: Felix Narhi, CFA.
Know Your Product
Monthly
Annual (POS)
- Pender Value Fund – Fund Facts – (A Class)
- Pender Value Fund – Fund Facts – (F Class)
- Pender Value Fund – Fund Facts – (H Class)
- Pender Value Fund – Fund Facts – (I Class)
For More Visit: Legal & Financial
The Latest
Value Fund – June 2022
Fellow Unitholders, It has been a volatile first half of the year that has seen significant drawdowns in equity markets as valuations have reset in anticipation of weaker economic growth in the coming quarters. Investors have focused on the macro headwinds of rising interest rates as policymakers are focused on curbing demand to slow inflation. Download PDF Small-cap and technology companies have been particularly affected against this backdrop with the Russell 2000 down 22.1%, the S&P/TSX Composite Information Technology sector down 39.7% and the tech-focused Nasdaq down 29.5%. The TSX Small Cap was down 13.9% and has benefited from its…
David Barr
CEO & Portfolio Manager
Mr. Barr is the CEO of Pender. He is also the Portfolio Manager of several of Pender’s funds.
Felix Narhi
Chief Investment Officer and Portfolio Manager
Mr. Narhi is the Chief Investment Officer of Pender and the Portfolio Manager of the Pender Global Focused Fund (formerly the Pender US All Cap Equity Fund) and the Pender Strategic Growth and Income Fund, and Co-Manager of the Pender Value Fund.
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