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Pender Alternative Multi-Strategy Income Fund Class A

Alternative Equity Focus

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2014

Click for more information on Fundata’s FundGrade

NAVPS
(07-19-2024)
$12.54
Change
$0.00 (0.01%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

Pender Alternative Multi-Strategy Income Fund Class A

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Fund Returns

Inception Return (August 31, 2022): 5.13%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.64% 1.69% 4.06% 4.06% 6.81% - - - - - - - - -
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average 0.36% 10.04% 10.04% 10.04% 15.19% 9.41% 4.89% 9.36% 6.79% - - - - -
Category Rank 90 / 196 90 / 189 119 / 166 119 / 166 109 / 154 - - - - - - - - -
Quartile Ranking 2 2 3 3 3 - - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.48% 0.18% 0.27% -0.59% 1.18% 1.11% 0.19% 0.68% 1.45% 0.22% 0.83% 0.64%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

1.45% (March 2024)

Worst Monthly Return Since Inception

-0.69% (May 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 3.96%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - 5.11% 17.27% -5.96% 6.54%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 106/ 150

Best Calendar Return (Last 10 years)

3.96% (2023)

Worst Calendar Return (Last 10 years)

3.96% (2023)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 27.05
International Equity 19.12
Cash and Equivalents 19.11
Canadian Corporate Bonds 16.21
US Equity 8.86
Other 9.65

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 48.49
Cash and Cash Equivalent 19.11
Mutual Fund 17.24
Financial Services 2.27
Technology 2.02
Other 10.87

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.30
Multi-National 17.45
Europe 1.20
Latin America 0.94
Asia 0.61
Other 0.50

Top Holdings

Top Holdings
Name Percent
Pender Corporate Bond Fund Class A 33.65
Pender Alternative Absolute Return Fund Class A 32.95
Pender Alternative Arbitrage Plus Fund Cl A 17.24
Pender Alternative Arbitrage Fund Class A 16.11
STAGE CAPITAL CORP 0.05

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date August 31, 2022
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Capped
Currency CAD
Distribution Frequency Annual
Assets ($mil) $4

Fund Codes

FundServ Code Load Code Sales Status
PGF1200

Investment Objectives

The objective of the Fund is to preserve capital and to generate returns through current income and capital appreciation, while being sufficiently diversified to mitigate volatility. The Fund will invest primarily in North American securities and may also invest in foreign securities.

Investment Strategy

The investment strategies of the Fund are as described below. To achieve the Fund’s investment objectives, the Manager will utilize fundamental research to identify attractive risk adjusted return opportunities in individual investments within a diversified portfolio. The Manager believes that private and public securities are priced inefficiently and, as a result, the price of any given security only occasionally coincides with its intrinsic value.

Portfolio Manager(s)

Name Start Date
Felix Narhi 05-21-2020
David Barr 05-21-2020

Management and Organization

Fund Manager PenderFund Capital Management Ltd.
Advisor PenderFund Capital Management Ltd.
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Trust Company
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.55%
Management Fee 1.80%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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