Inception Return
(6/1/2009)
|
15.17 %
|
|
YTD Return
|
-21.24 %
|
|
NAVPS
(6/24/2022)
|
$24.99
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of May 31, 2022)
|
|
MER
|
2.56 %
|
|
Assets ($mil)
|
$24.65
|
|
Rank (1Yr)
|
73/78
|
|
Std Dev (3Yr)
|
27.34 %
|
|
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 May 31, 2022)
|
Sector Allocation
(As of May 31, 2022)
|
Geographic Allocation
(As of May 31, 2022)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Spartan Delta Corp | Canadian Equity | Energy | Canada | 5.84% |
| PAR Technology Corp | US Equity | Technology | United States | 4.66% |
| Maxar Technologies Inc | US Equity | Technology | United States | 4.15% |
| Sylogist Ltd | Canadian Equity | Technology | Canada | 4.01% |
| Aviat Networks Inc | US Equity | Technology | United States | 3.66% |
| DREAM Unlimited Corp Cl A | Canadian Equity | Real Estate | Canada | 3.39% |
| Thinkific Labs Inc | Canadian Equity | Technology | Canada | 3.39% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 3.38% |
| ATD New Holdings Inc | US Equity | Consumer Goods | United States | 3.33% |
| Altius Renewable Royalties Corp | Canadian Equity | Technology | Canada | 3.09% |
Performance Data
(As of May 31, 2022)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-6.94
|
-14.25
|
-22.89
|
-21.24
|
-18.38
|
14.12
|
7.83
|
14.77
|
|
Benchmark
|
-1.93
|
-5.79
|
-3.83
|
-5.56
|
-2.68
|
11.63
|
6.34
|
7.79
|
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
4
|
1
|
1
|
1
|
|
Calendar Return (%)
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
|
Fund
|
24.71
|
46.34
|
19.23
|
-16.34
|
8.48
|
26.10
|
6.63
|
23.76
|
32.98
|
31.29
|
|
Benchmark
|
18.74
|
12.92
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
1.95
|
16.61
|
4.08
|
|
Quartile Ranking
|
1
|
1
|
3
|
4
|
2
|
1
|
1
|
1
|
3
|
1
|