Pender Growth Fund Performance

Please rotate your device to better view the content
Performance (%)
Sep. 30 2021
1 Mo.3 Mo.6 Mo.1 Yr.3 Yr.5 Yr.10 Yr.YTDSince
Inception2
Reporting NAV per share¹12.124.699.7143.242.422.631.5101.624.5
Annual Performance
(%)
2014201520162017201820192020Since
Inception2
Reporting NAV per share¹31.867.2123.93.4-7.612.630.0 24.5
1“Reporting NAV per share” is a non-IFRS measure that the Company uses as a key indicator to evaluate the performance and condition of our business. It represents PTF’s Net Asset Value (“NAV”) per share including the proportionate share of the NAV of Pender Private Investments Inc. (“PPI”).Reporting NAV – The calculation of Reporting NAV uses two financial measures that are individually recognized under IFRS, assets and liabilities, and adjusts them to include PTF’s proportionate ownership share of PPI’s NAV. PTF acquired its share of PPI’s portfolio at a discount of 43.5% to fair value. Under IFRS, the gain on this acquisition at a discount, is treated as a deferred gain and total shareholders’ equity per share for financial reporting purposes excludes this deferred gain and the deferred gain will be recognized to the extent that it arises from a change in a factor (including time) that market participants would take into account when pricing the investment. We believe that Reporting NAV, which reflects the full value of the day one gain on acquisition of PPI, is a useful indicator of the value and condition of our business. Reporting NAV is a non-IFRS financial measure and does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other reporting issuers. Please refer to the Company’s AIF for more information.
2Since inception date for Pender Growth Fund Class C is July 2010. Performance is calculated based on the Class C Share Net Asset Value of the Pender Growth Fund. This does not reflect the price at which the shares trade on the market.

Reporting NAV per share¹ vs TSXV:PTF Share Price - Since Inception (July 2010)

Date Reporting NAV per share¹ PTF Share Price
Aug'10 0.9661 0.1300
Sep'10 0.9136 0.2500
Oct'10 0.7100 0.2700
Nov'10 0.6783 0.1300
Dec'10 0.6300 0.1200
Jan'11 0.6763 0.1600
Feb'11 0.9000 0.1900
Mar'11 0.9389 0.1400
Apr'11 0.9810 0.1600
May'11 1.0359 0.1600
Jun'11 0.9700 0.1500
Jul'11 0.9763 0.1950
Aug'11 0.9911 0.1400
Sep'11 0.7939 0.1400
Oct'11 0.7445 0.1050
Nov'11 0.5846 0.1100
Dec'11 0.2400 0.0700
Jan'12 0.4699 0.0700
Feb'12 0.4005 0.0600
Mar'12 0.4192 0.0600
Apr'12 0.3181 0.0700
May'12 0.2402 0.0700
Jul'12 0.1297 0.0300
Aug'12 0.0908 0.0400
Sep'12 0.0637 0.0400
Oct'12 0.0059 0.0400
Nov'12 0.1256 0.0400
Jan'13 0.2704 0.0400
Feb'13 0.1209 0.0400
Mar'13 0.1052 0.0300
Apr'13 0.1341 0.0300
May'13 0.2084 0.0200
Jun'13 0.1500 0.0300
Jul'13 0.1302 0.0300
Aug'13 0.5965 0.0300
Sep'13 0.5814 0.0400
Oct'13 0.4672 0.0800
Nov'13 0.6496 0.0500
Dec'13 0.8800 0.1000
Jan'14 1.1385 0.2500
Feb'14 1.0368 0.1400
Mar'14 0.9292 0.1300
Apr'14 0.8333 0.1900
May'14 0.9848 0.1600
Jun'14 0.9442 0.1800
Jul'14 0.9119 0.1900
Aug'14 0.9201 0.2700
Sep'14 0.9112 0.2900
Oct'14 0.9175 0.1700
Nov'14 0.9391 0.1700
Dec'14 1.1600 0.2000
Jan'15 0.8681 0.2100
Feb'15 1.2600 0.2000
Mar'15 1.3428 0.2500
Apr'15 1.2702 0.2200
May'15 1.3328 0.2100
Jun'15 1.9100 0.3000
Jul'15 1.8405 0.6200
Aug'15 1.8198 0.7100
Sep'15 1.7497 0.7800
Oct'15 1.7657 0.7700
Nov'15 1.8059 0.5400
Dec'15 1.9400 0.7400
Jan'16 1.6626 0.6500
Feb'16 1.5713 0.7000
Mar'16 1.8493 0.8400
Apr'16 2.3896 1.4900
May'16 2.5200 1.4100
Jun'16 2.5500 1.3900
Jul'16 3.9223 1.7500
Aug'16 4.4677 3.0500
Sep'16 4.4284 3.0000
Oct'16 4.4155 3.0700
Nov'16 4.4224 3.0000
Dec'16 4.3434 3.0400
Jan'17 4.3072 3.3000
Feb'17 4.3319 3.3500
Mar'17 4.3058 4.0000
Apr'17 4.2838 4.0000
May'17 4.3159 3.8500
Jun'17 4.6194 3.9600
Jul'17 4.5793 4.2400
Aug'17 4.5687 4.6000
Sep'17 4.5169 4.6500
Oct'17 4.4704 4.3000
Nov'17 4.4656 4.5000
Dec'17 4.4898 4.1600
Jan'18 4.4480 4.4000
Feb'18 4.4686 4.3500
Mar'18 4.4319 4.5000
Apr'18 4.4196 4.3700
May'18 4.3783 4.2400
Jun'18 4.3425 4.0100
Jul'18 4.3148 4.2500
Aug'18 4.2964 4.0500
Sep'18 4.2379 4.1000
Oct'18 4.2410 3.7000
Nov'18 4.1968 3.4500
Dec'18 4.1475 3.1000
Jan'19 4.1370 3.2900
Feb'19 4.1838 3.1200
Mar'19 4.2385 3.5000
Apr'19 4.2044 3.6900
May'19 3.9490 4.0500
Jun'19 3.9379 3.6200
Jul'19 3.9385 3.5000
Aug'19 3.9291 3.4000
Sep'19 3.9332 3.4400
Oct'19 3.9813 3.1400
Nov'19 4.1031 3.1000
Dec'19 4.6696 3.7500
Jan'20 4.5292 3.3500
Feb'20 4.3012 3.3000
Mar'20 4.0814 3.0000
Apr'20 4.3020 3.0000
May'20 4.4903 3.2500
Jun'20 4.6587 3.0000
Jul'20 4.9031 2.7500
Aug'20 5.0604 3.2000
Sep'20 5.0336 3.2000
Oct'20 5.1804 3.4500
Nov'20 5.5567 4.0000
Dec'20 6.0722 4.3500
Jan'21 6.7573 5.0000
Feb'21 6.6468 5.4000
Mar'21 6.1325 5.5000
Apr'21 6.0566 7.5000
May'21 9.4369 7.5000
Jun'21 9.8253 7.1000
Jul'21 10.7154 9.7500
Aug'21 10.9223 9.6000
Sep'21 12.2437 11.5000