(As of 5/31/2022)

Pender Small Cap Opportunities Fund Class A

(Canadian Focused Small/Mid Cap Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2017
2016
2015
2014



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
NameAssetSectorGeographicPercent
Spartan Delta CorpCanadian EquityEnergyCanada5.84%
PAR Technology CorpUS EquityTechnologyUnited States4.66%
Maxar Technologies IncUS EquityTechnologyUnited States4.15%
Sylogist LtdCanadian EquityTechnologyCanada4.01%
Aviat Networks IncUS EquityTechnologyUnited States3.66%
DREAM Unlimited Corp Cl ACanadian EquityReal EstateCanada3.39%
Thinkific Labs IncCanadian EquityTechnologyCanada3.39%
Sangoma Technologies CorpCanadian EquityTechnologyCanada3.38%
ATD New Holdings IncUS EquityConsumer GoodsUnited States3.33%
Altius Renewable Royalties CorpCanadian EquityTechnologyCanada3.09%

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

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2022 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.