Pender adds two funds

first_img Canada Life to launch new shelf of mutual funds Keywords Investment funds IE Staff Related news The Pender Bond Universe Fund invests primarily in investment-grade fixed-income securities with short durations. Managed by Geoff Castle and associate portfolio manager Emily Wheeler, the fund aims to “preserve capital and generate returns through current income and capital appreciation.” stage curtain dvarg/123RF Facebook LinkedIn Twitter CIBC lowers investment minimums Vancouver-based PenderFund Capital Management Ltd. expanded its lineup of actively managed niche investment funds with the launch of two new products on Friday.The Pender Small/Mid Cap Dividend Fund, managed by Don Walker, invests primarily in Canadian securities, with an emphasis on dividend-paying small- and mid-cap companies. It aims to provide investors with “long-term capital appreciation and a stable quarterly stream of cash distributions,” according to a release. Share this article and your comments with peers on social media IG Wealth adjusts strategies, fees of multiple fundslast_img read more