Inception Return
(6/1/2009)
|
18.01 %
|
|
YTD Return
|
19.13 %
|
|
NAVPS
(9/17/2021)
|
$42.82
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of August 31, 2021)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
$36.76
|
|
Rank (1Yr)
|
5/185
|
|
Std Dev (3Yr)
|
27.98 %
|
|
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 August 31, 2021)
|
Sector Allocation
(As of August 31, 2021)
|
Geographic Allocation
(As of August 31, 2021)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 5.36% |
| WeCommerce Holdings Ltd | Canadian Equity | Technology | Canada | 4.89% |
| SPARTAN DELTA CORP | Canadian Equity | Other | Canada | 4.71% |
| Aviat Networks Inc | US Equity | Telecommunications | United States | 3.87% |
| Cloudera Inc | US Equity | Technology | United States | 3.86% |
| PAR Technology Corp | US Equity | Technology | United States | 3.76% |
| Aritzia Inc | Canadian Equity | Consumer Goods | Canada | 3.68% |
| ProntoForms Corp | Canadian Equity | Technology | Canada | 3.36% |
| Maxar Technologies Ltd | US Equity | Technology | United States | 3.25% |
| NOVA CANNABIS INC | Canadian Equity | Other | Canada | 2.87% |
Performance Data
(As of August 31, 2021)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-2.30
|
-1.01
|
1.24
|
19.13
|
68.50
|
19.72
|
15.20
|
18.61
|
|
Benchmark
|
1.49
|
1.34
|
7.93
|
16.77
|
36.73
|
9.64
|
8.51
|
7.17
|
|
Quartile Ranking
|
4
|
4
|
3
|
3
|
1
|
2
|
3
|
1
|
|
Calendar Return (%)
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
|
Fund
|
46.34
|
19.23
|
-16.35
|
8.48
|
26.10
|
6.63
|
23.76
|
32.98
|
31.29
|
4.66
|
|
Benchmark
|
12.92
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
1.95
|
16.61
|
4.08
|
-14.14
|
|
Quartile Ranking
|
3
|
4
|
4
|
2
|
1
|
2
|
1
|
2
|
1
|
1
|