Pender
Pender Small Cap Opportunity Fund
Jul 2026 → Jul 2026
Our archive holds 1 letter from this strategy and positions in 7 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+20.4%index +48.3%
Index: Russell Microcap Index (CAD)
| 1Y | |
|---|---|
| Pender Small Cap Opportunity Fund | +20.4% |
| Russell Microcap Index (CAD) | +48.3% |
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
Telesat Add Continued conviction; thesis unchanged
Sold position following the take private transaction.
MDA Space was the top detractor of the month despite what we viewed as meaningful positive news.
Also held
- General Fusion Group Ltd.
- Glass House Brands Inc.
- Kinaxis Inc.
- McDermott International Ltd.