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Pender Corporate Bond I

PGF550
10.25
+0.01
+0.06%
2017-10-13
5 Years
  • Previous Close

    10.24

  • Net Assets

    29.90M

  • Yield

    3.82%

  • Front load

    None

  • Expenses

    -

  • Category

    High-Yield Fixed-Income

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★★★
Profile

Name of Issuer

Penderfund Capital Management Ltd

Fund Style

Open

Fund Manager

Geoff Castle

Investment Style

-

The Pender Corporate Bond Fund is an income fund that is both conservatively managed to preserve capital, as well as opportunistic to generate returns. The Fund is focused on key credit characteristics – coverage, seniority and duration. It is driven by bottom up fundamental analysis, the Fund seeks to use its nimble size to invest in opportunities large or index based funds cannot. This advantage could provide investors with an attractive cash yield, while maintaining market exposures that can help protect investors from macroeconomic turmoil.

Purchase Information

Initial Purchase 100,000
Initial Purchase: IRA 100,000
Initial Purchase: AIP 2,500

Inception

2014-06-30

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