Inception Return
(6/1/2009)
|
13.09 %
|
|
YTD Return
|
-10.45 %
|
|
NAVPS
(7/10/2020)
|
$21.83
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of June 30, 2020)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
139/190
|
|
Std Dev (3Yr)
|
23.04 %
|
|
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.
|
Management Co.
PenderFund Capital Management Ltd.
Managers
David Barr
|
|
Asset Allocation
(As of June 30, 2020)
|
Sector Allocation
(As of June 30, 2020)
|
Geographic Allocation
(As of June 30, 2020)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 4.89% |
| ProntoForms Corp | Canadian Equity | Technology | Canada | 4.26% |
| Diversified Royalty Corp | Canadian Equity | Industrial Services | Canada | 4.10% |
| eGain Corp | US Equity | Technology | United States | 3.91% |
| Alcanna Inc | Canadian Equity | Consumer Services | Canada | 3.88% |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 3.77% |
| Cloudera Inc | US Equity | Technology | United States | 3.53% |
| Maxar Technologies Ltd | US Equity | Technology | United States | 3.42% |
| Mullen Group Ltd | Canadian Equity | Energy | Canada | 3.08% |
| TERRAVEST INDUSTRIES INC NEW | Canadian Equity | Other | Canada | 2.79% |
Performance Data
(As of June 30, 2020)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
3.43
|
28.03
|
-10.45
|
-10.45
|
-7.02
|
-3.36
|
2.66
|
13.09
|
|
Benchmark
|
4.20
|
31.57
|
-11.92
|
-11.92
|
-6.75
|
-1.62
|
1.92
|
4.90
|
|
Quartile Ranking
|
2
|
2
|
3
|
3
|
3
|
4
|
3
|
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
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
1.95
|
16.61
|
4.08
|
-14.14
|
28.99
|
|
Quartile Ranking
|
3
|
4
|
2
|
1
|
1
|
1
|
2
|
1
|
1
|
2
|