PenderFund Capital Management Announces a Change to its Mutual Fund Line Up

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Postmedia has not reviewed the content. by GlobeNewswire PenderFund Capital Management Announces a Change to its Mutual Fund Line UpAuthor of the article:VANCOUVER, British Columbia, Aug. 24, 2026 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) today announced its intention to terminate the Pender Alternative Arbitrage Fund (the “Fund”) on or about October 30, 2026 (the “Termination Date”). Unitholders will not be required to take any action in connection with the termination of the Fund. 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During this period, systematic plans will be halted. Transfers in-kind to other financial institutions will continue to be permitted.After payment of the liabilities of the Fund, each unitholder registered as such at the close of business on the Termination Date will be entitled to receive their proportionate share of the value of the Fund in accordance with the number of units which they then hold. All residual income and capital gains earned by the Fund will be allocated to unitholders prior to the Termination Date. On or about November 2, 2026, each unitholder will be paid their proportionate share of the value of the Fund and their units will be redeemed. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againA notice regarding the termination has been sent to all unitholders of the Fund. For more information regarding the termination, unitholders may contact Pender at info@penderfund.com. About PenderFund Capital Management Ltd.Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia. Our goal is to protect and grow wealth for our investors over time. We have a talented investment team of expert analysts, security selectors and independent thinkers who actively manage a suite of differentiated investment funds, exploiting inefficient parts of the investing universe to achieve our goal.Please visit www.penderfund.com.Please read important disclosures at www.penderfund.com/disclaimer.For further information, please contact:Melanie Moore Vice President of Marketing, PenderFund Capital Management Ltd.mmoore@penderfund.com(604) 688-1511Toll Free: (866) 377-47431066 West Hastings Street, Suite 1830, Vancouver, BC, V6E 3X2F: (604) 563-3199Forward-Looking InformationThis news release contains certain “forward-looking statements” within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as “expect” or “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking statements are based on the opinions and estimates of the manager at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.