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VANCOUVER, British Columbia, June 25, 2021 (GLOBE NEWSWIRE) — PenderFund Capital Administration Ltd. (“Pender”), the Supervisor of the Pender Funds (the “Funds”), pronounces that the chance scores of the funds listed under have modified. As a part of its assessment of the funding danger degree of its mutual funds, and making use of the standardized danger classification methodology as set out in Appendix F to Nationwide Instrument 81- 102 Funding Funds, the Supervisor has decided that the funding danger ranges of sure of the Funds have modified and these adjustments have been mirrored within the Funds’ annual simplified prospectus renewal, which was filed on June 25, 2021.
| Fund | New Threat Ranking | Prior Threat Ranking |
| Pender International Centered Fund (previously Pender US All Cap Fairness Fund)
Class A (US$), Class (US$) and Class N (US$) |
Excessive | Medium to Excessive |
| Pender Small Cap Alternatives Fund | Medium to Excessive | Medium |
| Pender Worth Fund | Medium to Excessive | Medium |
| Pender Worth Fund II | Excessive | Medium to Excessive |
A abstract of the methodology utilized by Pender to determine the chance ranking of every of the Funds could be discovered within the Funds’ simplified prospectus out there on SEDAR at www.sedar.com. This technique can be out there by calling toll-free 1-866-377-4743 or sending an e mail to information@penderfund.com.
The danger ranking for every of the Funds is reviewed at a minimal on an annual foundation, in addition to when a Fund undergoes a cloth change. No materials adjustments have been made to the funding aims, methods or administration of the Pender Funds, apart from sure adjustments to the funding aims of Pender International Centered Fund and Pender Particular Conditions Fund (previously Pender Strategic Funding Fund) and sure related adjustments which have been applied on June 25, 2021. For extra info on these adjustments, please see the information launch and materials change report dated June 25, 2021 in respect of those Funds. The above famous change in respect of Pender International Centered Fund’s danger ranking was the results of an annual assessment and never resulting from adjustments to its funding aims or methods.
About PenderFund Capital Administration Ltd.
Pender was based in 2003 and is an impartial, employee-owned funding agency positioned in Vancouver, British Columbia. Our aim is to guard and develop wealth for our buyers over time. We’ve got a gifted funding crew of skilled analysts, safety selectors and impartial thinkers who actively handle our suite of differentiated funding funds, exploiting inefficient components of the investing universe to attain our aim. For extra info on Pender and for normal efficiency info on our funds, please go to www.penderfund.com or www.fondspender.com.
Please learn vital disclosures at www.penderfund.com/disclaimer. For additional info please contact:
Melanie Moore
Vice President, Advertising and marketing
Toll Free: 1-866-377-4743
mmoore@penderfund.com
