Strategic Growth and Income Fund – Featured
January 11, 2022
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Pender Strategic Growth and Income Fund – Q2 2024
"The only difference between a salad and garbage is timing." - Andrew Lo, MIT Professor Highlights The Fund returned 1.4% in the second quarter of 2024, with notable contributions from Pender Corporate Bond Fund (fixed income) and Pender Small Cap Opportunities Fund (small caps). Modest defensive reallocation to specialized fund strategies (Pender Corporate Bond Fund and Pender Alternative Absolute Return fund) and from direct equities. The Fund added waste management firm GFL Environmental Inc. as a core equity holding. On a look-through basis: equity exposure approximately 58%, fixed income and credit approximately 33%, liquid alternatives approximately 8%. Dear Unitholders, The…
