Pender Growth Fund Inc. is a junior financial service company that operates in the asset management industry. Pender Growth Fund seeks to exploit the investment opportunities to earn profits and enhance the overall valuation of the fund on a per-share basis for the long term. Pender Growth Fund Inc. is a publicly listed company on the Toronto Venture Stock Exchange (TSXV) Market in Canada, with its common shares trading under the ticker symbol PTF.
The Vancouver-based asset management company invests in small but profitable organizations, including private and public corporations, mainly in the technology sector. Pender Investment and Pender Ventures discover the investment opportunities for the Pender Growth Fund.
The closed-ended investment fund invested in numerous public corporations considering the need for growth, expansion and restructuring of capital to enhance the equity valuation of the corporation. This investment approach enables the fund to earn an adequate return on investment if the public or private corporation successfully execute the business strategy as it plans to enhance the overall enterprise value.
As all investment with higher returns involves higher risk, Pender Growth Fund invests in established companies to ensure positive results. Pender Growth Fund is focused on exploiting long-term investment opportunities to ensure long-term capital appreciation and growth to maximize returns to its stakeholders.
The investors earn revenue in the form of dividend income and interest income. The investment portfolio of Pender Growth Fund Inc. includes BuildDirect, Clarius (portable ultrasound company), GreenSpace Brands Inc., Inscape Corporation, One 45, ProntoForms, Quorum, Sangoma Technologies Corporation, Tantalus Systems Holding Inc., Vigil Health Solutions Inc., General Fusion, Copperleaf, Teradici Corporation, D-Wave Systems and Checkfront.
In a press release dated July 27, 2021, Pender Growth Fund Inc., along with Pender Private Investment Inc., reported that Teradici Corporation, a portfolio company, signed a definitive agreement for its acquisition by HP Inc.