Pender Alternative Arbitrage Plus Fund I (USD) (PGF2251)
10.46
+0.01
(+0.09%)
USD |
Jun 26 2024
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| -- | 12.75M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -4.529M | -- | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Pender Alternative Arbitrage Plus Fund aims to produce consistent and low volatility absolute returns by investing primarily in merger arbitrage opportunities. This low-risk strategy aims to enhance returns by using leverage and can be used to provide diversification benefits to clients with low correlation to traditional equity and fixed income investments. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity Global |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | PenderFund |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
74
-81.99M
Peer Group Low
309.18M
Peer Group High
1 Year
% Rank:
80
-4.529M
-421.95M
Peer Group Low
3.794B
Peer Group High
3 Months
% Rank:
51
-220.61M
Peer Group Low
874.67M
Peer Group High
3 Years
% Rank:
59
-1.185B
Peer Group Low
8.440B
Peer Group High
6 Months
% Rank:
59
-254.45M
Peer Group Low
1.721B
Peer Group High
5 Years
% Rank:
62
-1.017B
Peer Group Low
9.058B
Peer Group High
YTD
% Rank:
81
-428.91M
Peer Group Low
3.003B
Peer Group High
10 Years
% Rank:
68
-234.91M
Peer Group Low
9.397B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 01, 2026.
*Indicates data for the year is incomplete.
Asset Allocation
As of August 31, 2024.
| Type | % Net |
|---|---|
| Cash | -61.35% |
| Stock | 145.9% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 15.43% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Mercer Park Opportunities Corp. | 5.50% | 10.50 | 0.00% |
| MAK Acquisition Corp. (DELISTED) | 5.02% | 10.00 | 0.00% |
| Drugs Made In America Acquisition II Corp. | 4.41% | 10.02 | -0.10% |
| Soho House & Co., Inc. | 4.22% | 8.96 | 0.11% |
| Launch One Acquisition Corp. | 3.79% | 10.59 | 0.00% |
|
RF Capital Group Inc ORD
|
3.23% | -- | -- |
| PROS Holdings, Inc. (DELISTED) | 3.17% | 23.25 | 0.04% |
| Vimeo, Inc. (DELISTED) | 3.13% | 7.85 | 0.00% |
| CyberArk Software Ltd. | 2.93% | 446.06 | -1.17% |
| City Office REIT, Inc. | 2.74% | 6.99 | 0.29% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 100000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Pender Alternative Arbitrage Plus Fund aims to produce consistent and low volatility absolute returns by investing primarily in merger arbitrage opportunities. This low-risk strategy aims to enhance returns by using leverage and can be used to provide diversification benefits to clients with low correlation to traditional equity and fixed income investments. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity Global |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | PenderFund |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM | -- |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 0 |
| Stock | |
| Weighted Average PE Ratio | 26.47 |
| Weighted Average Price to Sales Ratio | 3.079 |
| Weighted Average Price to Book Ratio | 4.552 |
| Weighted Median ROE | -8.63% |
| Weighted Median ROA | -4.71% |
| ROI (TTM) | -6.06% |
| Return on Investment (TTM) | -6.06% |
| Earning Yield | 0.0653 |
| LT Debt / Shareholders Equity | 1.141 |
| Number of Equity Holdings | 0 |
As of October 31, 2024
Growth Metrics
| EPS Growth (1Y) | 23.62% |
| EPS Growth (3Y) | 17.66% |
| EPS Growth (5Y) | -0.73% |
| Sales Growth (1Y) | 17.02% |
| Sales Growth (3Y) | 21.11% |
| Sales Growth (5Y) | 14.51% |
| Sales per Share Growth (1Y) | 21.15% |
| Sales per Share Growth (3Y) | 15.10% |
| Operating Cash Flow - Growth Rate (3Y) | 24.66% |
As of October 31, 2024
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PGF2251.TO", "name") |
| Broad Asset Class: =YCI("M:PGF2251.TO", "broad_asset_class") |
| Broad Category: =YCI("M:PGF2251.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:PGF2251.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |