News

Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months ended March 31, 2023. Financial Highlights (Unaudited) Net loss was $3,293,058 for the three months ended March 31, 2023 (March 31, 2022 – Net loss $51,821,705) primarily the result of negative investment performance in the quarter. Net loss […]

Let’s make a deal. PenderFund’s Amar Pandya leads the merger arbitrage strategy where he invests in more than 100 deals a year. Recent successful deals have included Twitter, Rogers and Freshii. Merger arb offers diversified returns with a low correlation to stocks and bonds and provides tax efficient returns.   Learn more in Amar’s interview […]

Pender Growth Fund Announces Annual Results and Provides Company Updates VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the year ended December 31, 2022 Financial Highlights Net loss was $127,838,962 for the year ended December 31, 2022 (December 31, 2021 – Net income $152,096,772) primarily […]

VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) announces that it has provided the TSX Venture Exchange (the "TSXV") with its Notice of Intention to make a Normal Course Issuer Bid (the "NCIB") through the facilities of the TSXV, subject to TSXV acceptance. The Company is proposing to put a new NCIB in […]

VANCOUVER, B.C. PenderFund Capital Management Ltd. (“Pender”) is pleased to provide some updates for clients of our fixed income investment funds. The Pender Bond Universe Fund (the “Fund”) passed its three-year anniversary on January 31, 2023. After reporting strong performance relative to its category in 2021 and 2022, we are pleased to report that 3-year […]

VANCOUVER, January 26, 2023 - PenderFund Capital Management Ltd. (“Pender”) is pleased to announce a successful first close of $50M for the Pender Technology Inflection Fund II (“PTIF II” or “the Fund”). The Fund is managed by Pender Ventures, the technology venture capital arm of Pender. Pender Ventures is targeting $100M for the Fund, and […]

"When we’re relentlessly exposed to too much information, we just can’t cope. So, we reach for shortcuts to help us get through the day." Given how unreliable expert predictions are, why do we pay attention to them, asks Pender's Felix Narhi. Read his latest article in Globe Advisor. Click here to read

CIO and Portfolio Manager, Felix Narhi penned an article on what makes a contrarian investor a contrarian investor for Benefits and Pensions Monitor. Felix shared his thoughts on the attributes and thought processes that are considered contrarian and what are the common pitfalls to avoid. Article can be accessed on page 30 of the magazine. […]

VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months and nine months ended September 30, 2022. Financial Highlights (Unaudited) Net loss was $8,520,121 for the three months ended September 30, 2022 (September 30, 2021 – Net income $75,339,050) primarily the result of negative […]