Pender Corporate Bond Fund Class F
NAVPS
NAVPS:$11.59
Change
$0.02 (0.20%)
More information on FundGrade
Pender Corporate Bond Fund Class F
Compare to:
Inception Return
(06-01-2009)
6.17%
YTD Return
1.93%
NAVPS
(06-05-2023)
$11.59
$0.02
(0.20%)
MER
1.19%
Assets ($mil)
$1,501
1 Yr Return
-0.66%
Registered Plan Eligible
Yes
Load
No Load
CIFSC Category
High Yield Fixed Income
Share Class
Fee Based Advice
Fund Codes
PGF510(NL)
FUNDGRADE
Classification
Mutual
Legal Status
Trust
Sales Status
Open
Currency
CAD
Start Date
June 01, 2009
Distribution Frequency
Monthly
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.
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.
Inception Return
(06-01-2009)
6.17%
YTD Return
1.93%
FundGrade
NAVPS (06-05-2023)
$11.59
$0.02
/
0.20%
Best Month
6.31%
Worst Month
-12.17%
