Inception Return
(6/1/2009)
|
18.73 %
|
|
YTD Return
|
2.22 %
|
|
NAVPS
(9/22/2017)
|
$26.96
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of August 31, 2017)
|
|
MER
|
2.50 %
|
|
Assets ($mil)
|
$43.41
|
|
Rank (1Yr)
|
5/51
|
|
Std Dev (3Yr)
|
11.08 %
|
|
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 August 31, 2017)
|
Sector Allocation
(As of August 31, 2017)
|
Geographic Allocation
(As of August 31, 2017)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 21.98% |
| Sandvine Corp | Canadian Equity | Technology | Canada | 5.56% |
| Medicure Inc | Canadian Equity | Healthcare | Canada | 4.39% |
| TeraGo Inc | Canadian Equity | Technology | Canada | 3.43% |
| Espial Group Inc | Canadian Equity | Technology | Canada | 3.37% |
| CanWel Building Materials Group Ltd | Canadian Equity | Industrial Goods | Canada | 3.13% |
| Absolute Software Corp | Canadian Equity | Technology | Canada | 3.07% |
| Greenspace Brands Inc | Canadian Equity | Consumer Goods | Canada | 3.04% |
| Ebix Inc | US Equity | Technology | United States | 3.01% |
| Savaria Corp | Canadian Equity | Consumer Goods | Canada | 2.59% |
Performance Data
(As of August 31, 2017)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-4.14
|
-4.16
|
-1.87
|
2.22
|
9.94
|
15.46
|
20.06
|
-
|
|
Benchmark
|
-0.09
|
-0.85
|
-4.67
|
-2.88
|
2.03
|
-3.50
|
2.13
|
0.42
|
|
Quartile Ranking
|
4
|
3
|
2
|
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
|
-
|
-
|
-
|