Pender
Pender Global Small/Mid Cap Equity Fund
Jul 2026 → Jul 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 16 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 (CAD)
- 1Y−1.0%index +22.1%
Index: MSCI World SMID Cap Gross Total Return USD Index (CAD)
| 1Y | |
|---|---|
| Pender Global Small/Mid Cap Equity Fund | −1.0% |
| MSCI World SMID Cap Gross Total Return USD Index (CAD) | +22.1% |
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
Kneat.com Inc. (KSI) Sold Sold following takeout by Thoma Bravo.
We initiated a position in Auto Trader, a UK vertical marketplace with what we believe to be a monopoly-like customer mindshare (an estimated 85%+), dealer-side mission criticality, and 70% EBITDA margins.