Inception Return
(6/1/2009)
|
14.11 %
|
|
YTD Return
|
23.73 %
|
|
NAVPS
(7/19/2024)
|
$32.02
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of June 30, 2024)
|
|
MER
|
2.64 %
|
|
Assets ($mil)
|
$310.94
|
|
Rank (1Yr)
|
4/54
|
|
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 June 30, 2024)
|
Sector Allocation
(As of June 30, 2024)
|
Geographic Allocation
(As of June 30, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Copperleaf Technologies Inc | Canadian Equity | Technology | Canada | 8.06% |
| TerraVest Industries Inc | Canadian Equity | Energy | Canada | 5.35% |
| Sylogist Ltd | Canadian Equity | Technology | Canada | 5.33% |
| Blackline Safety Corp | Canadian Equity | Technology | Canada | 4.74% |
| Kraken Robotics Inc | Canadian Equity | Industrial Goods | Canada | 4.61% |
| D2L Inc | Canadian Equity | Technology | Canada | 4.24% |
| Dye & Durham Ltd | Canadian Equity | Technology | Canada | 4.02% |
| Thinkific Labs Inc | Canadian Equity | Technology | Canada | 4.02% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 4.01% |
| PAR Technology Corp | US Equity | Technology | United States | 3.72% |
Performance Data
(As of June 30, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
4.78
|
4.31
|
23.73
|
23.73
|
28.32
|
-3.09
|
11.74
|
10.85
|
|
Benchmark
|
-1.61
|
0.10
|
7.97
|
7.97
|
14.58
|
2.04
|
8.21
|
5.16
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
1
|
4
|
1
|
1
|
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
Fund
|
5.05
|
-29.26
|
24.71
|
46.34
|
19.23
|
-16.34
|
8.48
|
26.10
|
6.63
|
23.76
|
|
Benchmark
|
8.17
|
-10.51
|
18.74
|
12.92
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
1.95
|
|
Quartile Ranking
|
3
|
4
|
1
|
1
|
3
|
4
|
3
|
1
|
2
|
1
|