Inception Return
(6/1/2009)
|
14.64 %
|
|
YTD Return
|
-7.57 %
|
|
NAVPS
(3/31/2025)
|
$34.97
|
|
Change
|
($0.29) / -0.83 %
|
|
|
Growth of $10,000
(As of February 28, 2025)
|
|
MER
|
2.63 %
|
|
Assets ($mil)
|
$383.88
|
|
Rank (1Yr)
|
4/48
|
|
Std Dev (3Yr)
|
27.34 %
|
|
Volatility Ranking (3Yr)
|
10/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Back Fee Only
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
-
|
|
Sales Status
|
Capped
|
|
|
Objective
The Fund invests in a concentrated portfolio of well-managed businesses, with strong competitive positions, which are overlooked by the market and have the potential for significant capital appreciation. These businesses may be in Canada, the United States or in other foreign jurisdictions with a primary emphasis on companies with a small market capitalization.
|
Fund Manager
PenderFund Capital Management Ltd.
Portfolio Manager
David Barr, PenderFund Capital Management Ltd.
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of February 28, 2025)
|
Sector Allocation
(As of February 28, 2025)
|
Geographic Allocation
(As of February 28, 2025)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| PAR Technology Corp | US Equity | Technology | United States | 4.42% |
| Kraken Robotics Inc | Canadian Equity | Industrial Goods | Canada | 4.39% |
| Kneat.com Inc | International Equity | Technology | European Union | 4.29% |
| Sylogist Ltd | Canadian Equity | Technology | Canada | 4.18% |
| Dye & Durham Ltd | Canadian Equity | Technology | Canada | 4.10% |
| Blackline Safety Corp | Canadian Equity | Technology | Canada | 4.05% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 3.95% |
| D2L Inc | Canadian Equity | Technology | Canada | 3.87% |
| TerraVest Industries Inc | Canadian Equity | Energy | Canada | 3.68% |
| dentalcorp Holdings Ltd | Canadian Equity | Healthcare | Canada | 3.52% |
Performance Data
(As of February 28, 2025)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-6.14
|
-6.82
|
8.01
|
-7.57
|
32.74
|
5.54
|
14.93
|
10.20
|
|
Benchmark
|
-2.72
|
-3.98
|
4.67
|
-0.80
|
16.11
|
4.42
|
11.47
|
6.58
|
|
Quartile Ranking
|
4
|
4
|
1
|
4
|
1
|
3
|
1
|
1
|
|
Calendar Return (%)
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
|
Fund
|
57.21
|
5.05
|
-29.26
|
24.71
|
46.34
|
19.23
|
-16.34
|
8.48
|
26.10
|
6.63
|
|
Benchmark
|
18.86
|
8.17
|
-10.51
|
18.74
|
12.92
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
|
Quartile Ranking
|
1
|
3
|
4
|
1
|
1
|
3
|
4
|
3
|
1
|
2
|