Inception Return
(6/1/2009)
|
15.09 %
|
|
YTD Return
|
13.98 %
|
|
NAVPS
(8/16/2019)
|
$24.09
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of July 31, 2019)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
$31.03
|
|
Rank (1Yr)
|
93/98
|
|
Std Dev (3Yr)
|
10.84 %
|
|
Volatility Ranking (3Yr)
|
8/10
|
|
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 July 31, 2019)
|
Sector Allocation
(As of July 31, 2019)
|
Geographic Allocation
(As of July 31, 2019)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Diversified Royalty Corp | Canadian Equity | Industrial Services | Canada | 4.37% |
| DREAM Unlimited Corp | Canadian Equity | Real Estate | Canada | 3.61% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 3.50% |
| Aritzia Inc | Canadian Equity | Consumer Goods | Canada | 3.41% |
| TerraVest Capital Inc | Canadian Equity | Energy | Canada | 3.31% |
| Maxar Technologies Ltd | US Equity | Technology | United States | 3.20% |
| Freshii Inc Cl A | Canadian Equity | Consumer Services | Canada | 2.73% |
| Medicure Inc | Canadian Equity | Healthcare | Canada | 2.64% |
| eGain Corp | US Equity | Technology | United States | 2.41% |
| Mav Beauty Brands Inc | Canadian Equity | Consumer Goods | Canada | 2.39% |
Performance Data
(As of July 31, 2019)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-0.74
|
-2.69
|
7.29
|
13.98
|
-6.42
|
5.09
|
9.52
|
15.06
|
|
Benchmark
|
1.77
|
2.93
|
4.47
|
13.36
|
-5.32
|
-0.63
|
-2.34
|
4.43
|
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
4
|
2
|
1
|
1
|
|
Calendar Return (%)
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
2009
|
|
Fund
|
-16.35
|
8.48
|
26.10
|
6.63
|
23.76
|
32.98
|
31.29
|
4.66
|
22.85
|
-
|
|
Benchmark
|
-20.29
|
4.01
|
31.95
|
-16.25
|
-2.75
|
4.32
|
-0.46
|
-16.16
|
35.23
|
68.91
|
|
Quartile Ranking
|
4
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
3
|
-
|