Inception Return
(6/1/2009)
|
14.50 %
|
|
YTD Return
|
-1.74 %
|
|
NAVPS
(3/27/2020)
|
$16.49
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of February 29, 2020)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
$27.44
|
|
Rank (1Yr)
|
68/99
|
|
Std Dev (3Yr)
|
12.15 %
|
|
Volatility Ranking (3Yr)
|
9/10
|
|
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.
|
Management Co.
PenderFund Capital Management Ltd.
Managers
David Barr
|
|
Asset Allocation
(As of February 29, 2020)
|
Sector Allocation
(As of February 29, 2020)
|
Geographic Allocation
(As of February 29, 2020)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Diversified Royalty Corp | Canadian Equity | Industrial Services | Canada | 4.69% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 4.50% |
| TerraVest Capital Inc | Canadian Equity | Energy | Canada | 4.48% |
| ProntoForms Corp | Canadian Equity | Technology | Canada | 4.11% |
| Maxar Technologies Ltd | US Equity | Technology | United States | 3.34% |
| Mav Beauty Brands Inc | Canadian Equity | Consumer Goods | Canada | 3.28% |
| Quorum Information Technologies Inc | Canadian Equity | Technology | Canada | 3.11% |
| Aritzia Inc | Canadian Equity | Consumer Goods | Canada | 3.08% |
| eGain Corp | US Equity | Technology | United States | 2.83% |
| Hamilton Thorne Ltd | US Equity | Healthcare | United States | 2.80% |
Performance Data
(As of February 29, 2020)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-5.15
|
1.22
|
9.11
|
-1.74
|
2.90
|
0.68
|
5.66
|
15.15
|
|
Benchmark
|
-9.01
|
-6.51
|
-8.27
|
-11.04
|
-7.89
|
-5.63
|
-1.80
|
0.53
|
|
Quartile Ranking
|
3
|
1
|
1
|
3
|
3
|
4
|
2
|
1
|
|
Calendar Return (%)
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
|
Fund
|
19.23
|
-16.35
|
8.48
|
26.10
|
6.63
|
23.76
|
32.98
|
31.29
|
4.66
|
22.85
|
|
Benchmark
|
16.08
|
-20.29
|
4.01
|
31.95
|
-16.25
|
-2.75
|
4.32
|
-0.46
|
-16.16
|
35.23
|
|
Quartile Ranking
|
3
|
4
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
3
|