Pender Small / Mid Cap Dividend Fund
The Pender Small/Mid Cap Dividend Fund is designed to provide investors with a combination of long-term capital appreciation and a stable quarterly stream of cash distributions. The Fund will invest primarily in Canadian securities, with a focus on, but not limited to, dividend paying small/mid cap companies. Assets in the Fund may also be held in cash or other securities to the extent that the economic, market, or other conditions make it appropriate.
Visit the Pender Small Cap Hub for all of our latest news, information and articles.
Due to an announced Special Meeting, the Pender Small/Mid Cap Dividend Fund is now temporarily closed to new investors, hence no new purchases or switches-in are currently allowed.
Since Inception returns are from January 2020. All returns greater than a year are annual compounded returns.
Standard Performance Data is subject to important disclosures set out in our Disclaimer.Performance (%) - 2024-06-28 1 Mo. 3 Mo. 6 Mo. 1 Yr. 2 Yr. 3 Yr. 5 Yr. 10 Yr. YTD Since Inception Inception Date A 0.7 0.9 10.2 13.3 7.3 2.2 10.2 14.6 2020-01-31 F 0.8 1.1 10.8 14.5 8.4 3.3 10.8 15.6 2020-01-31 Annual Performance (%) 2016 2017 2018 2019 2020 2021 2022 2023 YTD A 27.3 -12.0 3.9 10.2 F 28.7 -11.0 5.0 10.8
Class Fund Codes Description MER* Minimum Investment: Initial/[Subsequent] A PGF 1300 Front End 2.59% $5,000 / [$100] F PGF 1310 Fee Based 1.54% $5,000 / [$100] H PGF 1340 Front End-HNW 2.26% $100,000 / [$100] I PGF 1350 Fee Based 1.37% $100,000 / [$100] *As at 2023-12-31. The management expense ratio (“MER”) is calculated based on expenses charged to the fund inclusive of applicable taxes including GST and HST (excluding commissions and other portfolio transaction costs) and is expressed as an annualized percentage of average net assets for the period/year. The applicable taxes are calculated using the attribution percentage for each province based on unitholder residency.
Asset Class: Small/Mid Cap Equities Inception Date: January 31, 2020 Valuation Frequency: Daily Eligibility: Canada-wide, Registered Plans Distributions: Drip quarterly, cash optional Benchmark: S&P/TSX Composite Index Co- Manager: David Barr, CFA
Co- Manager: Aman Budhwar, CFA
Know Your Product
Monthly
- Pender Small/Mid Cap Dividend Fund – Profile Sheet – CAD – Class A
- Pender Small/Mid Cap Dividend Fund – Profile Sheet – CAD – Class F
- Pender Small/Mid Cap Dividend Fund – Profile Sheet – CAD – Class I
Annual (POS)
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class A
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class F
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class H
- Pender Small/Mid Cap Dividend Fund – Fund Facts – CAD – Class I
For More Visit: Legal & Financial
The Latest
Small/Mid Cap Dividend – Q1 2024
Highlights The Pender Small Mid Cap Dividend Fund outperformed its benchmark with a posted total return of 9.6% for the quarter ended March. Strong contributors included Aecon Group Inc., Total Energy Services Inc., and Adentra Inc. Additions to the Fund included Dye and Durham Ltd., Calian Group Ltd., and Ero Copper Corp. Download the PDF. The first quarter of 2024 was marked by economist’s growing confidence in a soft landing for the Canadian economy. After going through a soft patch in the summer of 2023, growth expectations have been revised higher, with Q1 2024 GDP growth expectations revised from 0.5%…
David Barr
CEO & Portfolio Manager
Mr. Barr is the CEO of Pender. He is also the Portfolio Manager of several of Pender’s funds.
Aman Budhwar
Portfolio Manager
Aman Budhwar joined Pender in February 2022 as an Associate Portfolio Manager.
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