Fonds Revenu Fixe

Avril a été rentable pour le Fonds d’obligations de sociétés Pender, comme en témoigne son rendement de 1,5 %1 . Celui-ci s’est produit dans un contexte où les conditions du marché du crédit étaient généralement solides et que l’expansion de la croissance mondiale et l’espoir d’une fin rapide du conflit en Iran étayaient les prix. Notre position dans la structure de capital de

The class F units of the Pender Bond Universe Fund were up 1.1%1 in the first quarter of 2026, relatively outperforming their benchmark by 0.9%. As rates moved higher in Canada and the US, High Grade was somewhat weaker over the period as were certain credit holdings including the Fund’s Esperion and Meritage Homes converts. […]

Le début des hostilités dans le golfe persique, à la fin de février, préfigurait un mois compliqué pour le Fonds d’obligations de sociétés Pender qui a terminé mars en baisse de -2,2 %1. Le marché a réagi aux frappes lancées par les États-Unis contre l’Iran en élargissant les écarts par rapport aux titres de crédit des sociétés et en poussant les taux de rendement de référence vers le sommet de la courbe, réaction qui a eu des conséquences sur les actifs du Fonds. En

As published in Canadian Family Offices The fund’s manager, Emily Wheeler, outlines her investment strategy, plus her take on interest rates, commodities and the 2026 economy. Family offices face a familiar tension in today’s bond market: how to preserve wealth while still achieving meaningful returns amid uncertainty. Traditional fixed income strategies—once the core of a […]

The Pender Corporate Bond Fund enjoyed a successful February, posting a total return of 2.2%1. The broader market context included strength in investment grade benchmarks, which advanced over 1%, and weaker high yield credit which delivered negative total returns on spread-widening. The Fund’s highest returning securities in February were convertible bond positions in the mining […]

The Pender Corporate Bond Fund had a good start to the year, delivering a 2.1%1 return in January, which was significantly ahead of investment grade and high yield benchmark returns over the same period. The month saw strength from a diversified group of holdings. Leading the way for us was our position in convertible notes […]

The class F units of the Pender Bond Universe Fund were up 1.3% over the quarter and 8.0%1 for the year, making 2025 the Fund’s best year on record since inception in 2020. In Q4, the class F units outperformed their benchmark by 1.6% for the quarter and 5.4% on a full year basis. Strength […]

The Pender Corporate Bond Fund recorded a positive result in December, returning 0.3%1. The period was characterized by positive credit returns offsetting the effect of rising benchmark interest rates. For the full year 2025, the Fund returned 13.4%, a happy outcome driven primarily by security selection as opposed to benchmark performance, which was markedly lower. […]

The Pender Corporate Bond Fund enjoyed a profitable November, returning 1.1%1. The Fund outperformed peers for the period in a credit market that offered relatively muted returns. Leading the way for the Fund were our positions in precious metals, including convertible notes of miners Equinox Gold and Sibanye Stillwater, which rallied on underlying strength in […]