Commissions, trailing commissions, management fees and expenses all may be associated with investments in Pender Funds.  Please read the prospectus before investing. Our funds are not guaranteed, their values change frequently and past performance may not be repeated.

Indicated rates of return are the historical annual compounded total returns including changes in net asset value and assume reinvestment of all distributions and are net of all management and administrative fees, but do not take into account sales, redemption or optional charges or income taxes payable by any security holder that would have reduced returns.

The content of this presentation is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter. Any press releases, commentaries, reports and other content are provided for your information only.

Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Every effort has been made to ensure the accuracy of the content of this presentation.

This presentation is intended for Canadian residents only and does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not allowed. Our services and products are available only in those jurisdictions in which we are registered to offer such services or products.

The content of this presentation is not and should not be construed to be an offer of securities or services to residents of the United States of America.