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Pender Alternative Absolute Return Cl H (0P0001NMBP.TO)

Toronto - Toronto Delayed price. Currency in CAD
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9.90+0.01 (+0.12%)
At close: 04:00PM EDT

Pender Alternative Absolute Return Cl H

1640-1066 W Hastings Street

6046881511
Management information
,Lead manager since 24 August 2021
Justin is the Portfolio Manager of the Pender Alternative Absolute Return Fund. He joined Pender in August 2021.Justin most recently worked as a Senior Portfolio Manager at one of Canada’s largest pension fund managers. During his four-year tenure, he was responsible for managing a high-yield focused credit strategy, generating returns for the underlying pension funds. Justin has also spent 11 years at a highly regarded Canadian investment firm. He worked in progressive roles as a member of the firm’s fixed income team.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryN/A
Fund familyPenderfund Capital Management Ltd
Net assets472.32M
YTD return3.89%
Yield6.09%
Morningstar ratingN/A1
Inception date24 Aug 2021

Fund operations

Last dividend0.25
Last cap gainN/A
Holdings turnover251.99%
Average for categoryN/A

Fees and expenses

Expense0P0001NMBP.TOCategory average
Annual report expense ratio (net)0.00%N/A
Prospectus net expense ratio0.00%N/A
Prospectus gross expense ratio0.00%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/AN/A
Max deferred sales loadN/AN/A
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A