{"id":59785,"date":"2024-08-25T11:46:51","date_gmt":"2024-08-25T18:46:51","guid":{"rendered":"https:\/\/penderfund.com\/?p=59785"},"modified":"2025-09-15T11:17:57","modified_gmt":"2025-09-15T18:17:57","slug":"investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity","status":"publish","type":"post","link":"https:\/\/penderfund.com\/fr\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/","title":{"rendered":"Les investisseurs doivent-ils craindre le \u00ab\u2009momo\u2009\u00bb?"},"content":{"rendered":"<p><a href=\"https:\/\/financialpost.com\/investing\/investors-following-momo-missing-out-growing-opportunity\" target=\"_blank\" rel=\"noopener\">Comme on le voit sur Financial Post (en anglais) le 25 ao\u00fbt 2024<\/a><\/p>\n<p class=\"translation-block\">Le groupe de musique pop britannique Dead or Alive a connu un \u00e9norme succ\u00e8s au milieu des ann\u00e9es 80 avec sa chanson \u00ab\u2009You Spin Me Round (Like a Record)\u2009\u00bb sur son album \u00ab\u2009Youthquake\u2009\u00bb. C\u2019est une  <a href=\"https:\/\/youtu.be\/PGNiXGX2nLU?si=XdygHXOwYPjURRU2\" target=\"_blank\" rel=\"noopener\">chanson<\/a> fort entra\u00eenante. Or, dans le monde du placement de ce c\u00f4t\u00e9-ci de l\u2019oc\u00e9an, on assiste \u00e0 un autre effet d\u2019entra\u00eenement : un renouvellement d\u2019int\u00e9r\u00eat pour les actions \u00e0 petite capitalisation. Elles aussi font tourner les t\u00eates dans ce \u00ab\u2009comeback\u2009\u00bb fort attendu des capitaux et de l\u2019engouement.<\/p>\n<p>Apr\u00e8s avoir affich\u00e9 un cumul annuel nul, l\u2019indice <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-16\/riskiest-stocks-begin-an-epic-rotation-with-rate-cuts-in-sight?srnd=markets-vp\" target=\"_blank\" rel=\"noopener\">Russell 2000<\/a> r\u00e9v\u00e9lait une hausse de plus de 12 % \u00e0 la fin juillet. Cet indice suit environ 2000 soci\u00e9t\u00e9s parmi les plus petites du march\u00e9 am\u00e9ricain. Au Canada, <a href=\"https:\/\/www.spglobal.com\/spdji\/en\/indices\/equity\/sp-tsx-smallcap-index\/#overview\" target=\"_blank\" rel=\"noopener\">l\u2019indice \u00e0 petite capitalisation S&amp;P\/TSX<\/a> regroupe pour sa part 246 petites entreprises. \u00c0 l\u2019instar de tous les indices, y compris le S&amp;P 500, ces deux indices sont un fourre-tout de composantes de divers niveaux de rentabilit\u00e9 et de qualit\u00e9 (ou absence de qualit\u00e9). <a href=\"https:\/\/wpcarey.asu.edu\/department-finance\/faculty-research\/do-stocks-outperform-treasury-bills\" target=\"_blank\" rel=\"noopener\">Les \u00e9tudes<\/a> ont d\u00e9montr\u00e9 que seul un petit pourcentage de soci\u00e9t\u00e9s produisent une majorit\u00e9 des rendements \u00e0 long terme. Au Canada par exemple, seulement 21 soci\u00e9t\u00e9s ont d\u00e9gag\u00e9 plus de 64 % du rendement net entre janvier 1990 et d\u00e9cembre 2022.<\/p>\n<p>En raison de la grande divergence sur le plan de la qualit\u00e9 et de la rentabilit\u00e9 des petites entreprises cot\u00e9es en bourse, ce secteur pr\u00e9sente un bassin d\u2019occasions moins efficaces que celui des grandes entreprises. Par cons\u00e9quent, les investisseurs qui ne font que suivre la tendance du moment (momo, ou momentum) doivent \u00e9galement savoir qu\u2019ils ach\u00e8tent plusieurs entreprises sans b\u00e9n\u00e9fices, ce qui accro\u00eet potentiellement la volatilit\u00e9 et les risques.<\/p>\n<p>Toutefois, un vent arri\u00e8re visiblement favorable souffle pour les s\u00e9lectionneurs d\u2019actions. Avec les r\u00e9ductions de taux au Canada et les pr\u00e9visions de r\u00e9ductions en septembre aux \u00c9tats-Unis, les plus petites entreprises (souvent consid\u00e9r\u00e9es comme \u00e9tant cycliques et plus risqu\u00e9es) commencent \u00e0 s\u2019\u00e9veiller de leur longue sieste. Comparativement aux soci\u00e9t\u00e9s \u00e0 grande et m\u00e9ga capitalisation, les petites entreprises se trouvent toujours en <a href=\"https:\/\/www.morningstar.ca\/ca\/news\/251225\/canadian-small-cap-stocks-could-rise-50-after-a-recession-manager.aspx\" target=\"_blank\" rel=\"noopener\">territoire bon march\u00e9,<\/a> comme en t\u00e9moigne l\u2019indice \u00e0 petite capitalisation TSX qui se n\u00e9gocie \u00e0 environ 10 fois le ratio cours\/b\u00e9n\u00e9fice pr\u00e9visionnel tandis que l\u2019indice S&amp;P\/TSX se n\u00e9gocie \u00e0 pr\u00e8s de 14 fois ce ratio. Un retour vers la moyenne leur donnerait un bon petit coup de pouce. Un changement dans le r\u00e9gime de taux d\u2019int\u00e9r\u00eat contribuera \u00e9galement \u00e0 soulager les bilans des petites entreprises qui d\u00e9pendent davantage des pr\u00eats \u00e0 taux variables ou \u00e0 court terme et qui ont \u00e9t\u00e9 disproportionnellement malmen\u00e9es par la hausse rapide des taux d\u2019int\u00e9r\u00eat et par la r\u00e9duction de l\u2019influx en capitaux au cours des derni\u00e8res ann\u00e9es. Par exemple, 30 % de la dette des entreprises composant l\u2019indice Russell 2000 est assortie d\u2019un taux variable, comparativement \u00e0 seulement 6 % pour les entreprises de l\u2019indice S&amp;P 500.<\/p>\n<p>Difficile \u00e9galement de tourner le dos aux valorisations attrayantes de ces entreprises. \u00c0 cet \u00e9gard, elles attirent l\u2019attention des soci\u00e9t\u00e9s de capital-investissement et de capital-risque, lesquelles ont \u00e0 disposition des r\u00e9serves liquides records de <a href=\"https:\/\/www.institutionalinvestor.com\/article\/2di1vzgjcmzovkcea8f0g\/portfolio\/private-equitys-dry-powder-mountain-reaches-record-height\" target=\"_blank\" rel=\"noopener\">2,62 milliards $ US<\/a> qui attendent d\u2019\u00eatre d\u00e9ploy\u00e9es dans ce qui devrait \u00eatre une s\u00e9ance de magasinage plut\u00f4t fr\u00e9n\u00e9tique. Au seuil du deuxi\u00e8me trimestre, certaines acquisitions de haut profil ont d\u00e9j\u00e0 eu lieu, y compris celles de Copperleaf Technologies, Nuvei, H\u00e9roux Devtek et Sleep Country Canada, entre autres.<\/p>\n<p>De plus, les cours actuels tiennent compte d\u2019une marge de s\u00e9curit\u00e9, ce qui devrait susciter l\u2019int\u00e9r\u00eat des investisseurs de valeur. Lors de la plus r\u00e9cente r\u00e9union annuelle de Berkshire Hathaway, Warren Buffett (dont le bras droit et probable successeur, Greg Abel, est canadien), a dit aux participants :<br \/>\n\u00ab\u2009Nous n\u2019avons aucun inconfort ou malaise \u00e0 investir au Canada. Nous n\u2019avons aucun \u00ab blocage mental \u00bb \u00e0 l\u2019\u00e9gard de ce pays. Et bien s\u00fbr, il y a plusieurs pays que nous ne comprenons pas du tout.\u2009\u00bb<\/p>\n<p>Nous sommes d\u2019accord avec MM. Buffett et Abel. Aucun obstacle, mental ou autre, n\u2019entrave notre int\u00e9r\u00eat dans les entreprises canadiennes qui demeurent, \u00e0 notre avis, bien plac\u00e9es pour prendre leur envol. M\u00eame avec les avanc\u00e9es r\u00e9centes de leur prix, les valorisations sont encore fort attrayantes sur le plan relatif et absolu. Plut\u00f4t que d\u2019envisager les petites entreprises comme des placements tactiques \u00e0 court terme, on gagnerait \u00e0 consid\u00e9rer les plus petites soci\u00e9t\u00e9s de grande qualit\u00e9 comme d\u2019excellents ajouts \u00e0 long terme dans un portefeuille \u2013 pourvu que l\u2019investisseur soit en mesure d\u2019accepter une certaine dose de volatilit\u00e9 \u00e0 court terme. \u00c0 la lumi\u00e8re de la rapidit\u00e9 avec laquelle le march\u00e9 des petites soci\u00e9t\u00e9s se d\u00e9place parfois, il est important de poss\u00e9der une participation dans cette cat\u00e9gorie d\u2019actif afin de vraiment prendre part aux rendements \u00e0 long terme qu\u2019elle offre.<\/p>\n<p>M\u00eame si les derni\u00e8res ann\u00e9es ont \u00e9t\u00e9 difficiles pour ce groupe, elles ont permis aux investisseurs de positionner leurs portefeuilles de fa\u00e7on \u00e0 privil\u00e9gier les soci\u00e9t\u00e9s de grande qualit\u00e9 qui se n\u00e9gocient \u00e0 prix raisonnables. Bien que Berkshire soit, en raison d\u2019exigences liquides, limit\u00e9es aux tr\u00e8s grandes entreprises du Canada, les investisseurs au pays, eux, peuvent se pr\u00e9valoir d\u2019une approche beaucoup plus souple et allouer une part significative de leurs avoirs \u00e0 une s\u00e9lection tri\u00e9e sur le volet de petites entreprises de grande qualit\u00e9.<\/p>","protected":false},"excerpt":{"rendered":"<p>As published in the Financial Post on August 25, 2024 British pop band Dead or Alive had a massive hit in the mid-80s with their song \u201cYou Spin Me Round (Like a Record)\u201d on their \u201cYouthquake\u201d album. It\u2019s a catchy little number. Over on the other side of the pond, in the investment world, something [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":59786,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[106],"tags":[109],"fund-type":[36],"class_list":["post-59785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-financial-post","fund-type-equity-funds"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Investors following the &#039;momo&#039; may be missing out on a growing opportunity - PenderFund Capital Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/penderfund.com\/fr\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors following the &#039;momo&#039; may be missing out on a growing opportunity\" \/>\n<meta property=\"og:description\" content=\"As published in the Financial Post on August 25, 2024 British pop band Dead or Alive had a massive hit in the mid-80s with their song \u201cYou Spin Me Round (Like a Record)\u201d on their \u201cYouthquake\u201d album. It\u2019s a catchy little number. Over on the other side of the pond, in the investment world, something [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/penderfund.com\/fr\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\" \/>\n<meta property=\"og:site_name\" content=\"PenderFund Capital Management\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/penderfund\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-25T18:46:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-15T18:17:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"564\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evan Warburton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Evan Warburton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimation du temps de lecture\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\"},\"author\":{\"name\":\"Evan Warburton\",\"@id\":\"https:\/\/penderfund.com\/#\/schema\/person\/ccc8e63298cbfa4e9b27e9f77f00ecf7\"},\"headline\":\"Investors following the 'momo' may be missing out on a growing opportunity\",\"datePublished\":\"2024-08-25T18:46:51+00:00\",\"dateModified\":\"2025-09-15T18:17:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\"},\"wordCount\":722,\"publisher\":{\"@id\":\"https:\/\/penderfund.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg\",\"keywords\":[\"Financial Post\"],\"articleSection\":[\"Articles\"],\"inLanguage\":\"fr-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\",\"url\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\",\"name\":\"Investors following the 'momo' may be missing out on a growing opportunity - PenderFund Capital Management\",\"isPartOf\":{\"@id\":\"https:\/\/penderfund.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg\",\"datePublished\":\"2024-08-25T18:46:51+00:00\",\"dateModified\":\"2025-09-15T18:17:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#breadcrumb\"},\"inLanguage\":\"fr-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage\",\"url\":\"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg\",\"contentUrl\":\"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg\",\"width\":564,\"height\":423},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/penderfund.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investors following the 'momo' may be missing out on a growing opportunity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/penderfund.com\/#website\",\"url\":\"https:\/\/penderfund.com\/\",\"name\":\"PenderFund Capital Management\",\"description\":\"Forward thinking. Finding value.\",\"publisher\":{\"@id\":\"https:\/\/penderfund.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/penderfund.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/penderfund.com\/#organization\",\"name\":\"PenderFund Capital Management\",\"url\":\"https:\/\/penderfund.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\/\/penderfund.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/penderfund.com\/wp-content\/uploads\/2025\/06\/PenderFund-Cap-Man-Logo_English.png\",\"contentUrl\":\"https:\/\/penderfund.com\/wp-content\/uploads\/2025\/06\/PenderFund-Cap-Man-Logo_English.png\",\"width\":850,\"height\":250,\"caption\":\"PenderFund Capital Management\"},\"image\":{\"@id\":\"https:\/\/penderfund.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/penderfund\/\",\"https:\/\/www.instagram.com\/penderfund\/\",\"https:\/\/www.linkedin.com\/company\/penderfund-capital-management\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/penderfund.com\/#\/schema\/person\/ccc8e63298cbfa4e9b27e9f77f00ecf7\",\"name\":\"Evan Warburton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/bd664d0bc64bea337624934698c6b1d5fae744c80f19d5cbbfc83c2c80d11010?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd664d0bc64bea337624934698c6b1d5fae744c80f19d5cbbfc83c2c80d11010?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd664d0bc64bea337624934698c6b1d5fae744c80f19d5cbbfc83c2c80d11010?s=96&d=mm&r=g\",\"caption\":\"Evan Warburton\"},\"url\":\"https:\/\/penderfund.com\/fr\/author\/ewarburton\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Investors following the 'momo' may be missing out on a growing opportunity - PenderFund Capital Management","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/penderfund.com\/fr\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/","og_locale":"fr_CA","og_type":"article","og_title":"Investors following the 'momo' may be missing out on a growing opportunity","og_description":"As published in the Financial Post on August 25, 2024 British pop band Dead or Alive had a massive hit in the mid-80s with their song \u201cYou Spin Me Round (Like a Record)\u201d on their \u201cYouthquake\u201d album. It\u2019s a catchy little number. Over on the other side of the pond, in the investment world, something [&hellip;]","og_url":"https:\/\/penderfund.com\/fr\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/","og_site_name":"PenderFund Capital Management","article_publisher":"https:\/\/www.facebook.com\/penderfund\/","article_published_time":"2024-08-25T18:46:51+00:00","article_modified_time":"2025-09-15T18:17:57+00:00","og_image":[{"width":564,"height":423,"url":"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg","type":"image\/jpeg"}],"author":"Evan Warburton","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"Evan Warburton","Estimation du temps de lecture":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#article","isPartOf":{"@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/"},"author":{"name":"Evan Warburton","@id":"https:\/\/penderfund.com\/#\/schema\/person\/ccc8e63298cbfa4e9b27e9f77f00ecf7"},"headline":"Investors following the 'momo' may be missing out on a growing opportunity","datePublished":"2024-08-25T18:46:51+00:00","dateModified":"2025-09-15T18:17:57+00:00","mainEntityOfPage":{"@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/"},"wordCount":722,"publisher":{"@id":"https:\/\/penderfund.com\/#organization"},"image":{"@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage"},"thumbnailUrl":"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg","keywords":["Financial Post"],"articleSection":["Articles"],"inLanguage":"fr-CA"},{"@type":"WebPage","@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/","url":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/","name":"Investors following the 'momo' may be missing out on a growing opportunity - PenderFund Capital Management","isPartOf":{"@id":"https:\/\/penderfund.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage"},"image":{"@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage"},"thumbnailUrl":"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg","datePublished":"2024-08-25T18:46:51+00:00","dateModified":"2025-09-15T18:17:57+00:00","breadcrumb":{"@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#breadcrumb"},"inLanguage":"fr-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/"]}]},{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#primaryimage","url":"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg","contentUrl":"https:\/\/penderfund.com\/wp-content\/uploads\/2024\/08\/no0823stocks.jpg","width":564,"height":423},{"@type":"BreadcrumbList","@id":"https:\/\/penderfund.com\/articles\/investors-following-the-momo-may-be-missing-out-on-a-growing-opportunity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/penderfund.com\/"},{"@type":"ListItem","position":2,"name":"Investors following the 'momo' may be missing out on a growing opportunity"}]},{"@type":"WebSite","@id":"https:\/\/penderfund.com\/#website","url":"https:\/\/penderfund.com\/","name":"Gestion de capital PenderFund lt\u00e9e","description":"Forward thinking. Finding value.","publisher":{"@id":"https:\/\/penderfund.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/penderfund.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-CA"},{"@type":"Organization","@id":"https:\/\/penderfund.com\/#organization","name":"Gestion de capital PenderFund lt\u00e9e","url":"https:\/\/penderfund.com\/","logo":{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/penderfund.com\/#\/schema\/logo\/image\/","url":"https:\/\/penderfund.com\/wp-content\/uploads\/2025\/06\/PenderFund-Cap-Man-Logo_English.png","contentUrl":"https:\/\/penderfund.com\/wp-content\/uploads\/2025\/06\/PenderFund-Cap-Man-Logo_English.png","width":850,"height":250,"caption":"PenderFund Capital Management"},"image":{"@id":"https:\/\/penderfund.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/penderfund\/","https:\/\/www.instagram.com\/penderfund\/","https:\/\/www.linkedin.com\/company\/penderfund-capital-management\/"]},{"@type":"Person","@id":"https:\/\/penderfund.com\/#\/schema\/person\/ccc8e63298cbfa4e9b27e9f77f00ecf7","name":"Evan Warburton","image":{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/bd664d0bc64bea337624934698c6b1d5fae744c80f19d5cbbfc83c2c80d11010?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/bd664d0bc64bea337624934698c6b1d5fae744c80f19d5cbbfc83c2c80d11010?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd664d0bc64bea337624934698c6b1d5fae744c80f19d5cbbfc83c2c80d11010?s=96&d=mm&r=g","caption":"Evan Warburton"},"url":"https:\/\/penderfund.com\/fr\/author\/ewarburton\/"}]}},"_links":{"self":[{"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/posts\/59785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/comments?post=59785"}],"version-history":[{"count":0,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/posts\/59785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/media\/59786"}],"wp:attachment":[{"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/media?parent=59785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/categories?post=59785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/tags?post=59785"},{"taxonomy":"fund-type","embeddable":true,"href":"https:\/\/penderfund.com\/fr\/wp-json\/wp\/v2\/fund-type?post=59785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}