Inception Return
(6/1/2009)
|
17.92 %
|
|
YTD Return
|
24.71 %
|
|
NAVPS
(1/14/2022)
|
$33.72
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of December 31, 2021)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
$37.45
|
|
Rank (1Yr)
|
15/126
|
|
Std Dev (3Yr)
|
26.88 %
|
|
Volatility Ranking (3Yr)
|
10/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Front Fee Only
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
-
|
|
Sales Status
|
Capped
|
|
|
Objective
The Pender Small Cap Opportunities Fund is an opportunistic, concentrated portfolio. The Fund is focused on undervalued small and microcap companies predominantly in Canada. The Manager is focused on businesses with strong underlying economics and often seeks out special situations, and has a track record of identifying catalysts, where market-leading companies have been acquired. After deep fundamental analysis these businesses are purchased at a discount to our estimate of intrinsic value.
|
Fund Manager
PenderFund Capital Management Ltd.
Portfolio Manager
David Barr, PenderFund Capital Management Ltd.
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of December 31, 2021)
|
Sector Allocation
(As of December 31, 2021)
|
Geographic Allocation
(As of December 31, 2021)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| WeCommerce Holdings Ltd | Canadian Equity | Technology | Canada | 6.60% |
| Sylogist Ltd | Canadian Equity | Technology | Canada | 5.95% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 5.15% |
| Spartan Delta Corp | Canadian Equity | Energy | Canada | 5.01% |
| Maxar Technologies Inc | US Equity | Technology | United States | 3.79% |
| Blackline Safety Corp | Canadian Equity | Technology | Canada | 3.66% |
| Aviat Networks Inc | US Equity | Technology | United States | 3.42% |
| DREAM Unlimited Corp Cl A | Canadian Equity | Real Estate | Canada | 3.29% |
| Aritzia Inc | Canadian Equity | Consumer Services | Canada | 3.29% |
| ProntoForms Corp | Canadian Equity | Technology | Canada | 3.18% |
Performance Data
(As of December 31, 2021)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-2.10
|
0.94
|
-1.02
|
24.71
|
24.71
|
29.58
|
14.58
|
19.09
|
|
Benchmark
|
1.83
|
3.00
|
1.65
|
18.74
|
18.74
|
16.33
|
7.62
|
8.17
|
|
Quartile Ranking
|
4
|
4
|
4
|
1
|
1
|
1
|
2
|
1
|
|
Calendar Return (%)
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
|
Fund
|
24.71
|
46.34
|
19.23
|
-16.35
|
8.48
|
26.10
|
6.63
|
23.76
|
32.98
|
31.29
|
|
Benchmark
|
18.74
|
12.92
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
1.95
|
16.61
|
4.08
|
|
Quartile Ranking
|
1
|
2
|
3
|
4
|
2
|
1
|
2
|
1
|
2
|
1
|