PenderFund Capital Management is a private fund management company that manages approximately $30 million of venture capital assets in BC-based companies involved in technology.

Pender Growth Fund (VCC) Inc. invests in undervalued technology companies and then actively participates in developing them to enhance their value and achieve long-term capital appreciation for investors.

Investors in PGF receive a 30% cash back tax credit.

We offer value

We take a value approach to managing our venture capital investments.

While the venture capital investments made by Pender Growth have more potential for growth than other, more conservative, investments, they also have a greater inherent risk that may not be suitable for all investors. Except in limited circumstances, investors in Pender Growth will be unable to redeem their investment for a minimum period of five years, and there is no public market for units in Pender Growth, meaning that such an investment will be extremely illiquid for such period. An investment in Pender Growth should be undertaken only by investors who have sufficient financial resources to enable them to assume the risk of the loss of their investment and who have no need for immediate liquidity of their investment, and such an investment should not constitute a major portion of an investor's investment portfolio. In the event of non-compliance with the requirements of the Small Business Venture Capital Act, Pender Growth may be required to repay to the Government of British Columbia all or part of the tax credits previously granted to investors, and such repayment would negatively impact the value of an investment in Pender Growth.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.