Pender Growth Fund's Q2 net income increased significantly, with shareholders' equity rising by $34.1M.

Pender Growth Fund reports Q2 net income of $3.09/Class C share, a significant increase from the previous year. Shareholders' equity increased by $34.1M to $103.9M. The fund's portfolio was 87.8% public companies, with a large stake in Copperleaf Technologies, which entered a definitive agreement with IFS AB for indirect acquisition. Pender Growth Fund continues to acquire shares under its NCIB, believing they are trading at a discount to their intrinsic value.

August 23, 2024
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