Join Fund Library now and get free access to personalized features to help you manage your investments.
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (12-20-2024) |
$9.67 |
|---|---|
| Change |
$0.02
(0.18%)
|
As at November 30, 2024
As at November 30, 2024
As at July 31, 2024
Loading...
Inception Return (September 01, 2021): 2.54%
| 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 | 0.13% | 0.59% | 2.21% | 2.88% | 3.92% | 1.82% | 2.13% | - | - | - | - | - | - | - |
| Benchmark | 6.37% | 10.66% | 16.91% | 25.77% | 30.69% | 15.61% | 10.90% | 13.91% | 11.92% | 12.54% | 10.25% | 10.17% | 10.75% | 8.96% |
| Category Average | 2.82% | 5.16% | 8.23% | 18.68% | 23.73% | 10.56% | 6.75% | 9.47% | 8.00% | - | - | - | - | - |
| Category Rank | 198 / 228 | 183 / 215 | 167 / 205 | 157 / 174 | 153 / 174 | 131 / 149 | 114 / 127 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.01% | -0.68% | 0.83% | 0.67% | -0.46% | 0.31% | 0.80% | 0.66% | 0.14% | 0.21% | 0.25% | 0.13% |
| Benchmark | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% |
1.15% (August 2022)
-1.47% (October 2023)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 2.81% | 0.49% |
| 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 | - | - | - | - | - | - | - | - | 1 | 4 |
| Category Rank | - | - | - | - | - | - | - | - | 16/ 127 | 128/ 154 |
2.81% (2022)
0.49% (2023)
| Name | Percent |
|---|---|
| US Equity | 70.72 |
| International Equity | 13.91 |
| Canadian Equity | 12.00 |
| Income Trust Units | 3.22 |
| Cash and Equivalents | 0.09 |
| Other | 0.06 |
| Name | Percent |
|---|---|
| Technology | 24.77 |
| Consumer Services | 10.64 |
| Healthcare | 9.38 |
| Industrial Goods | 9.00 |
| Financial Services | 6.83 |
| Other | 39.38 |
| Name | Percent |
|---|---|
| North America | 84.81 |
| Latin America | 8.25 |
| Africa and Middle East | 3.66 |
| Asia | 2.09 |
| Europe | 1.19 |
| Name | Percent |
|---|---|
| MERCER PARK OPPORTUNITIES CO | 4.25 |
| Walkme Ltd | 3.66 |
| Hamilton Thorne Ltd | 3.15 |
| Longboard Pharmaceuticals Inc | 3.07 |
| Everi Holdings Inc | 2.97 |
| Launch One Acquisition Corp | 2.93 |
| FILO CORP | 2.81 |
| Barnes Group Inc | 2.74 |
| Enstar Group Ltd | 2.71 |
| Smartsheet Inc Cl A | 2.69 |
Pender Alternative Arbitrage Fund Class A
Median
Other - Alternative Equity Focus
| Standard Deviation | 2.21% | - | - |
|---|---|---|---|
| Beta | 0.07% | - | - |
| Alpha | 0.01% | - | - |
| Rsquared | 0.20% | - | - |
| Sharpe | -0.64% | - | - |
| Sortino | -0.48% | - | - |
| Treynor | -0.20% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.78% | 2.21% | - | - |
| Beta | 0.07% | 0.07% | - | - |
| Alpha | 0.02% | 0.01% | - | - |
| Rsquared | 0.13% | 0.20% | - | - |
| Sharpe | -0.36% | -0.64% | - | - |
| Sortino | 0.73% | -0.48% | - | - |
| Treynor | -0.09% | -0.20% | - | - |
| Tax Efficiency | 57.89% | - | - | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| 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) | $16 |
| 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.
| Name | Start Date |
|---|---|
| Amar Pandya | 09-27-2022 |
| Fund Manager | PenderFund Capital Management Ltd. |
|---|---|
| Advisor | PenderFund Capital Management Ltd. |
| Custodian | - |
| Registrar | - |
| Distributor | - |
| Auditor | - |
| 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) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
