Pender
Pender Alternative Special Situations Fund
Jul 2026 → Jul 2026
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 8 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Pender for every strategy.
Performance
as of Jul 31, 2026 · net of fees · CAD · Class F
- 1Y+29.6%index +32.3%
Index: S&P/TSX Composite (CAD)
| 1Y | |
|---|---|
| Pender Alternative Special Situations Fund | +29.6% |
| S&P/TSX Composite (CAD) | +32.3% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Jul 31, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
we added to our Telesat position in anticipation of a positive announcement related to an agreement in principle to provide Ka-band connectivity to the Canadian Armed Forces, which came to fruition early in the month.
Also held
Its investment theses
- 5N Plus Inc.Jul 20265N Plus Inc. is a critical-minerals exposure that the fund favors for its positioning in a sector with attractive demand growth and supply constraints.
- Neo Performance Materials Inc.Jul 2026Neo Performance Materials Inc. is a critical-minerals business positioned to benefit from structural demand growth and constrained supply.