Inception Return
(6/1/2009)
|
13.79 %
|
|
YTD Return
|
4.80 %
|
|
NAVPS
(3/17/2023)
|
$24.60
|
|
Change
|
- / -
|
|
|
Growth of $10,000
(As of February 28, 2023)
|
|
MER
|
2.64 %
|
|
Assets ($mil)
|
$253.14
|
|
Rank (1Yr)
|
70/70
|
|
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 February 28, 2023)
|
Sector Allocation
(As of February 28, 2023)
|
Geographic Allocation
(As of February 28, 2023)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Sylogist Ltd | Canadian Equity | Technology | Canada | 4.31% |
| Magnet Forensics Inc | Canadian Equity | Technology | Canada | 4.27% |
| PAR Technology Corp | US Equity | Technology | United States | 4.26% |
| Altius Renewable Royalties Corp | Canadian Equity | Technology | Canada | 3.85% |
| Thinkific Labs Inc | Canadian Equity | Technology | Canada | 3.76% |
| Copperleaf Technologies Inc | Canadian Equity | Technology | Canada | 3.73% |
| Maxar Technologies Inc | US Equity | Technology | United States | 3.68% |
| Saturn Oil & Gas Inc | Canadian Equity | Energy | Canada | 3.49% |
| WeCommerce Holdings Ltd | Canadian Equity | Technology | Canada | 3.41% |
| Blackline Safety Corp | Canadian Equity | Technology | Canada | 3.36% |
Performance Data
(As of February 28, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-0.44
|
11.11
|
0.19
|
4.80
|
-19.28
|
11.25
|
6.33
|
12.11
|
|
Benchmark
|
-2.55
|
3.26
|
7.16
|
5.64
|
-5.69
|
12.54
|
5.74
|
6.80
|
|
Quartile Ranking
|
2
|
1
|
4
|
3
|
4
|
1
|
2
|
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
|
2
|
1
|
1
|
1
|
3
|