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Alternative Market Neutrl
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-02-2025) |
$9.79 |
|---|---|
| Change |
$0.03
(0.33%)
|
As at February 28, 2025
As at February 28, 2025
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Inception Return (September 01, 2021): 2.59%
| 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 | 0.40% | 0.79% | 1.38% | 0.96% | 3.55% | 1.79% | 2.34% | - | - | - | - | - | - | - |
| Benchmark | -0.40% | -0.31% | 10.31% | 3.06% | 22.45% | 15.63% | 9.72% | 12.23% | 12.73% | 11.38% | 10.72% | 9.76% | 11.18% | 8.50% |
| Category Average | 0.20% | 1.25% | 3.50% | 0.72% | 7.40% | 6.78% | 4.61% | 1.36% | 1.02% | - | - | - | - | - |
| Category Rank | 22 / 44 | 29 / 44 | 29 / 44 | 22 / 44 | 31 / 38 | 36 / 37 | 30 / 33 | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 3 | 3 | 2 | 4 | 4 | 4 | - | - | - | - | - | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.67% | -0.46% | 0.31% | 0.80% | 0.66% | 0.14% | 0.21% | 0.25% | 0.13% | -0.17% | 0.55% | 0.40% |
| Benchmark | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% | -3.27% | 3.48% | -0.40% |
1.15% (August 2022)
-1.47% (October 2023)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 2.81% | 0.49% | 2.71% |
| Benchmark | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% |
| Category Average | - | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% | 9.41% |
| Quartile Ranking | - | - | - | - | - | - | - | 3 | 4 | 4 |
| Category Rank | - | - | - | - | - | - | - | 18/ 33 | 33/ 37 | 36/ 37 |
2.81% (2022)
0.49% (2023)
| Name | Percent |
|---|---|
| US Equity | 68.91 |
| Canadian Equity | 16.67 |
| International Equity | 11.72 |
| Income Trust Units | 2.47 |
| Foreign Corporate Bonds | 0.13 |
| Other | 0.10 |
| Name | Percent |
|---|---|
| Technology | 24.12 |
| Financial Services | 9.80 |
| Industrial Services | 9.71 |
| Consumer Services | 9.66 |
| Healthcare | 9.15 |
| Other | 37.56 |
| Name | Percent |
|---|---|
| North America | 88.21 |
| Africa and Middle East | 4.57 |
| Latin America | 2.33 |
| Europe | -0.43 |
| Other | 5.32 |
| Name | Percent |
|---|---|
| MERCER PARK OPPORTUNITIES CO | 5.31 |
| Walkme Ltd | 4.57 |
| Launch One Acquisition Corp | 3.72 |
| Payfare Inc Cl A | 3.46 |
| Air Transport Services Group Inc | 3.24 |
| Everi Holdings Inc | 2.95 |
| Converge Technology Solutions Corp | 2.91 |
| CI Financial Corp | 2.83 |
| Cross Country Healthcare Inc | 2.51 |
| Triumph Group Inc | 2.49 |
Pender Alternative Arbitrage Fund Class A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 2.21% | - | - |
|---|---|---|---|
| Beta | 0.07% | - | - |
| Alpha | 0.02% | - | - |
| Rsquared | 0.21% | - | - |
| Sharpe | -0.66% | - | - |
| Sortino | -0.37% | - | - |
| Treynor | -0.20% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.26% | 2.21% | - | - |
| Beta | 0.05% | 0.07% | - | - |
| Alpha | 0.02% | 0.02% | - | - |
| Rsquared | 0.19% | 0.21% | - | - |
| Sharpe | -0.46% | -0.66% | - | - |
| Sortino | 0.59% | -0.37% | - | - |
| Treynor | -0.11% | -0.20% | - | - |
| Tax Efficiency | 84.16% | - | - | - |
| Start Date | September 01, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $13 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PGF2100 |
The investment objective of the Fund is to generate consistent, positive returns, with low volatility and low correlation to equity markets by investing primarily in North American securities. The Fund may also invest in foreign and other securities.
To achieve the Fund’s investment objectives, the Manager intends that the Fund will primarily employ arbitrage strategies, which are specialized investment techniques designed to profit from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations.
| Portfolio Manager |
PenderFund Capital Management Ltd.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
PenderFund Capital Management Ltd. |
|---|---|
| Custodian |
- |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.48% |
|---|---|
| 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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