A diversified balanced fund that aims to generate long-term growth and income by investing in a portfolio of equities and fixed income which may vary depending on market conditions.

The Fund makes allocations across Pender’s investment lineup, specifically, the Fund invests in the Pender Corporate Bond Fund and the Pender Small Cap Opportunities Fund which both aim for best-in-class results. It may also allocate up to 10% of its net assets to a range of Pender’s liquid alternative funds to further diversify the portfolio. Alongside these holdings the Fund will have equity exposures that are typically investments in All-Cap Canadian and U.S. companies, with an emphasis on businesses that generate stable or growing cash distributions to shareholders and further diversify and complement the existing holdings within the fund.

We believe this approach is an important differentiator to traditional balanced funds, which are often under invested in small-mid cap equities, which can be an important long-term driver of returns, and liquid alternatives for diversification benefits.