Inception Return
(6/1/2009)
|
19.88 %
|
|
YTD Return
|
7.34 %
|
|
NAVPS
(7/21/2017)
|
$27.41
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of June 30, 2017)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
$46.17
|
|
Rank (1Yr)
|
1/53
|
|
Std Dev (3Yr)
|
10.53 %
|
|
Volatility Ranking (3Yr)
|
7/10
|
|
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, 2017)
|
Sector Allocation
(As of June 30, 2017)
|
Geographic Allocation
(As of June 30, 2017)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 17.30% |
| Sandvine Corp | Canadian Equity | Technology | Canada | 5.56% |
| Medicure Inc | Canadian Equity | Healthcare | Canada | 4.75% |
| TeraGo Inc | Canadian Equity | Technology | Canada | 4.38% |
| TIO Networks Corp | Canadian Equity | Technology | Canada | 3.92% |
| Espial Group Inc | Canadian Equity | Technology | Canada | 3.87% |
| Quantum Corp | US Equity | Technology | United States | 3.71% |
| Greenspace Brands Inc | Canadian Equity | Consumer Goods | Canada | 3.65% |
| CanWel Building Materials Group Ltd | Canadian Equity | Industrial Goods | Canada | 3.38% |
| Absolute Software Corp | Canadian Equity | Technology | Canada | 3.22% |
Performance Data
(As of June 30, 2017)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.64
|
1.29
|
7.34
|
7.34
|
26.40
|
18.30
|
21.50
|
-
|
|
Benchmark
|
-0.18
|
-4.78
|
-2.22
|
-2.22
|
5.84
|
-3.40
|
3.28
|
-0.47
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
-
|
|
Calendar Return (%)
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
2009
|
2008
|
2007
|
|
Fund
|
26.10
|
6.63
|
23.76
|
32.98
|
31.29
|
4.66
|
22.85
|
-
|
-
|
-
|
|
Benchmark
|
31.95
|
-16.25
|
-2.75
|
4.32
|
-0.46
|
-16.16
|
35.23
|
68.91
|
-48.65
|
-1.18
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
1
|
1
|
4
|
-
|
-
|
-
|