Pender Value Fund Holdings

Asset Allocation (%)
Canadian Equities 49.5
US Equities 33.5
Foreign Equities 6.6
Other Assets 3.1
Cash 7.3
Asset Allocation (%)
Canadian Equities 49.5
US Equities 33.5
Foreign Equities 6.6
Other Assets 3.1
Cash 7.3
Sector Allocation (%)
Diversified Financials 18.3
Consumer Discretionary 16.6
Information Technology 16.2
Materials 9.7
Real Estate 7.8
Communication Services 7.0
Industrials 6.1
Energy 4.2
Consumer Staples 4.0
Other Sectors 2.8
Cash 7.3
Sector Allocation (%)
Diversified Financials 18.3
Consumer Discretionary 16.6
Information Technology 16.2
Materials 9.7
Real Estate 7.8
Communication Services 7.0
Industrials 6.1
Energy 4.2
Consumer Staples 4.0
Other Sectors 2.8
Cash 7.3
Currency Allocation (%)
Canadian 53.5
United States 39.9
Other Sectors 6.6
Currency Allocation (%)
Canadian 53.5
United States 39.9
Other Sectors 6.6
Top 10 Holdings Fund (%)
KKR & Co. Inc. 4.9 
The Howard Hughes Corp. 4.5 
Onex Corporation 4.2 
Winpak Ltd. 4.1 
CCL Industries Inc. 4.0 
Diversified Royalty Corp. 4.0 
Exor N.V. 4.0 
SS&C Technologies Holdings 3.5 
Sangoma Technologies Corp. 3.0 
Zillow Group, Inc. 3.0 
Total Percentage of Top 10 Holdings 39.2%
Total Net Assets of Fund $315.8M