{"version":"1.0","provider_name":"Gestion de capital PenderFund lt\u00e9e","provider_url":"https:\/\/penderfund.com\/fr","author_name":"Evan Warburton","author_url":"https:\/\/penderfund.com\/fr\/author\/ewarburton\/","title":"Pender Bond Universe Fund \u2013 Q4 2023","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"LEyUtLWlWB\"><a href=\"https:\/\/penderfund.com\/fr\/commentaries\/pender-bond-universe-fund-q4-2023\/\">Pender Bond Universe Fund \u2013 Q4 2023<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/penderfund.com\/fr\/commentaries\/pender-bond-universe-fund-q4-2023\/embed\/#?secret=LEyUtLWlWB\" width=\"600\" height=\"338\" title=\"&laquo; Pender Bond Universe Fund \u2013 Q4 2023 &raquo; &#8212; PenderFund Capital Management\" data-secret=\"LEyUtLWlWB\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/penderfund.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>","thumbnail_url":"https:\/\/penderfund.com\/wp-content\/uploads\/2025\/09\/PBUF.png","thumbnail_width":850,"thumbnail_height":400,"description":"Highlights The past quarter was characterized by a strong bond market reaction to the disinflationary trend. Longer dated, high grade bonds were the strongest contributors to performance. Favourable performers included Warner Brothers Discovery Inc. (2062), and US TIPS (2052). The Fund\u2019s exposure to credit (via Pender Corporate Bond Fund) remains lower relative to historic weightings. [&hellip;]"}