Pender Corporate Bond Fund Class F

NAVPS

NAVPS:

$11.68

Change

$0.04 (0.33%)

As at 10-04-2022
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Pender Corporate Bond Fund Class F

Compare to:

Inception Return
(06-01-2009)

6.41%

YTD Return

-4.89%

NAVPS
(10-04-2022)

$11.68
$0.04 (0.33%)

MER

1.19%

Assets ($mil)

$409

1 Yr Return

-2.85%

Registered Plan Eligible

Yes

Load

No Load

CIFSC Category

High Yield Fixed Income

Share Class

Fee Based Advice

Fund Codes

PGF510(NL)

Fund Details

Classification

Mutual

Legal Status

Trust

Sales Status

Open

Currency

CAD

Start Date

June 01, 2009

Distribution Frequency

Monthly

Investment Objectives

The Pender Corporate Bond Fund is an income fund that is both conservatively managed to preserve capital, as well as opportunistic to generate returns. The Fund is focused on key credit characteristics - coverage, seniority and duration. It is driven by bottom up fundamental analysis. The Fund seeks to use its nimble size to invest in opportunities large or index based funds cannot.

Investment Strategy

The Fund will employ a value-based fundamental research process. The Portfolio Advisor believes that private and public securities are priced inefficiently and, as a result, the price of any given security only occasionally coincides with its intrinsic value. The Portfolio Advisor will attempt to identify and exploit these inaccuracies using internal analyses.

Portfolio Manager

Geoff Castle
09-01-2015

Parul Garg
03-26-2020

Investment Minimums

RSP Eligible

Yes

PAC Allowed

Yes

PAC Initial Investment

5,000

PAC Subsequent

100

SWP Allowed

Yes

SWP Min Balance

5,000

SWP Min Withdrawal

100

Fees

MER

1.19%

Management Fee

0.60%

FE Max

-

DSC Max

-

LL Max

-

Trailer Fee Max (FEE)

-

Trailer Fee Max (DSC)

-

Trailer Fee Max (NL)

0.00%

Trailer Fee Max (LL)

-

Management and Organization

Fund Manager

PenderFund Capital Management Ltd.

Advisor

PenderFund Capital Management Ltd.

Custodian

CIBC Mellon Trust Company

Registrar

CIBC Mellon Trust Company

Distributor

-

Auditor

KPMG LLP

As at August 31, 2022

Inception Return
(06-01-2009)

6.41%

YTD Return

-4.89%

NAVPS (10-04-2022)

$11.68
$0.04 / 0.33%

Best Month

6.31%

Worst Month

-12.17%

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