Inception Return
(6/1/2009)
|
11.91 %
|
|
YTD Return
|
-10.11 %
|
|
NAVPS
(11/24/2023)
|
$24.12
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of October 31, 2023)
|
|
MER
|
2.64 %
|
|
Assets ($mil)
|
$211.16
|
|
Rank (1Yr)
|
23/53
|
|
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 Fund invests in a concentrated portfolio of well-managed businesses, with strong competitive positions, which are overlooked by the market and have the potential for significant capital appreciation. These businesses may be in Canada, the United States or in other foreign jurisdictions with a primary emphasis on companies with a small market capitalization.
|
Fund Manager
PenderFund Capital Management Ltd.
Portfolio Manager
David Barr, PenderFund Capital Management Ltd.
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of October 31, 2023)
|
Sector Allocation
(As of October 31, 2023)
|
Geographic Allocation
(As of October 31, 2023)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Sylogist Ltd | Canadian Equity | Technology | Canada | 6.48% |
| Copperleaf Technologies Inc | Canadian Equity | Technology | Canada | 5.69% |
| Blackline Safety Corp | Canadian Equity | Technology | Canada | 5.21% |
| TerraVest Industries Inc | Canadian Equity | Energy | Canada | 4.25% |
| Thinkific Labs Inc | Canadian Equity | Technology | Canada | 4.16% |
| NFI Group Inc | Canadian Equity | Industrial Goods | Canada | 4.00% |
| Dye & Durham Ltd | Canadian Equity | Technology | Canada | 3.98% |
| PAR Technology Corp | US Equity | Technology | United States | 3.76% |
| Saturn Oil & Gas Inc | Canadian Equity | Energy | Canada | 3.76% |
| Sangoma Technologies Corp | Canadian Equity | Technology | Canada | 3.60% |
Performance Data
(As of October 31, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-9.09
|
-13.20
|
-12.71
|
-10.11
|
-3.72
|
2.80
|
4.39
|
8.68
|
|
Benchmark
|
-2.79
|
-8.70
|
-5.63
|
-1.92
|
1.93
|
8.21
|
5.36
|
5.12
|
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
2
|
3
|
3
|
1
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
-29.26
|
24.71
|
46.34
|
19.23
|
-16.34
|
8.48
|
26.10
|
6.63
|
23.76
|
32.98
|
|
Benchmark
|
-10.51
|
18.74
|
12.92
|
17.42
|
-14.41
|
7.15
|
27.23
|
-3.54
|
1.95
|
16.61
|
|
Quartile Ranking
|
4
|
1
|
1
|
3
|
4
|
3
|
1
|
2
|
1
|
2
|