An Array of Solutions to Help You Diversify

Pembroke’s range of funds allows you to diversify your investments by geography and asset type. The fund documents on this page provide detailed information about each fund. The fund performance tables demonstrate how, especially over shorter periods of time, investment performance can vary between asset classes, regions, and funds. Diversification across more than one fund can lower the volatility of returns and is an important component of most clients’ investment plans.

MUTUAL FUNDS

There are six unique GBC funds available to create an investment portfolio that works for you. Review the Performance Update and holdings review for each fund.

FundDescriptionManagerInception Date
Pembroke American Growth Fund Inc. (CAD)Pursues long-term growth through capital appreciation by investing in small cap US companiesPembroke Management Ltd.October 1, 1988
Pembroke Canadian Bond FundPursues income and some capital growth by investing in Canadian government and corporate bonds, debentures and other instrumentsCanso Investment Counsel Ltd.November 30, 1988
Pembroke Canadian Growth FundPursues long-term growth through capital appreciation by investing in small to mid-sized Canadian companiesPembroke Management Ltd.November 30, 1988
Pembroke Corporate Bond FundHigh-quality Canadian and foreign Corporate bondsCanso Investment Counsel, Ltd.April 8, 2019*
Pembroke Global Balanced FundPursues long-term capital growth and income through the diversification of assets, geographies and market capitalization in investing primarily in units of public equity funds and units of fixed income funds including units of equity exchange traded fundsPembroke Management Ltd.April 8, 2019**
Pembroke Growth and Income FundPursues long-term growth and income by investing in equities, bonds and other marketable securitiesPembroke Management Ltd.November 1, 2006
Pembroke International Growth FundPursues long-term growth through capital appreciation by investing in small to mid-sized foreign companies located outside of the United StatesWilliam Blair Investment Management, LLCOctober 31, 1999
Pembroke Money Market fundAims to maximize interest income while preserving capital by investing primarily in high quality, short-term Canadian government debt securitiesPembroke Management Ltd.November 30, 1988
Pembroke Concentrated FundHigh-quality American and Canadian growth stocksPembroke Management LtdJanuary 31, 2018

POOLED FUNDS

Pembroke offers pooled funds to accredited investors only. Click here to see information on our pooled fund offering.

Policy, Compliance and Registration

FUNDDESCRIPTIONMANAGERINCEPTION DATE
Pembroke Canadian Growth Pooled FundHigh-quality Canadian growth stocksPembroke Management Ltd.February 29, 2007
Pembroke U.S. Growth Pooled FundHigh-quality American growth stocksPembroke Management Ltd.December 31, 1999
Pembroke Dividend Growth Pooled FundHigh-quality, dividend-paying Canadian growth stocksPembroke Management Ltd.January 3, 2012

FUND PRICES

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FUNDLAST
PRICE
2020-01-14
PREVIOUS
PRICE
2020-01-07
LAST MONTH
END PRICE
2019-12-31
LAST QUARTER
END PRICE
2019-12-31
LAST YEAR
END PRICE
2019-12-31
LAST QUARTER
END DISTRIBUTIONS
2019-12-31
Pembroke Canadian Growth$18.0265
$17.6314$17.3669$17.3669$17.3669$0.244257
Pembroke U.S. Growth (CAD) $22.2308
$21.5869
$21.3322$21.3322$21.3322$0.468654
Pembroke U.S. Growth (USD) $17.0194
$16.5938
$16.4245$16.4245$16.4245$0.360836
Pembroke Concentrated Fund$13.4092
$13.1387$12.8806$12.8806$12.8806$0.010696
Pembroke Dividend Growth $16.7802
$16.5401$16.4512$16.4512$16.4512$0.120480

See the complete price and distribution history.

We determine the net asset value of each fund in Canadian dollars weekly as at the close of business on each Tuesday, or, if any such Tuesday is not a business day, then on the next business day immediately succeeding it, and on the last business day of each month. The valuation date ends at the earlier of 4 p.m. Eastern Time or the end of a trading day on the Toronto Stock Exchange. Any purchase, switch, or redemption instruction received at or after the end of a valuation date will be processed on the next valuation date.

Please note that since January 31, 2018 our mutual fund prices have been published gross of Management fees. If you have any further questions or concerns please contact your Pembroke representative.

FUND PERFORMANCE

Compound Annual Growth Rates (%)

As of August 2018

FUND3 MTHYTD1 YR3 YRS5 YRS10 YRS20 YRS
Pembroke-American- Growth-Fund-Inc. (CAD)-12.73-10.21-13.643.403.829.323.67
Pembroke American Growth Fund Inc.(USD)-16.98-16.17-16.662.780.905.93n/a
Pembroke Canadian Bond Fund1.233.165.723.212.654.074.92
Pembroke Canadian Growth Fund-18.10-16.21-11.16-2.75-1.815.885.08
Pembroke Corporate Bond Fund1.352.215.393.834.106.64n/a*
Pembroke Global Balanced Fund -5.62-4.360.27n/an/an/an/a
Pembroke Growth and Income Fund-8.80-7.69-1.310.031.867.06n/a
Pembroke International Growth Fund-9.15-9.23-0.632.025.559.044.11
Pembroke Concentrated Fund -12.47-7.89-8.28n/an/an/an/a
FUND3 MTHYTD1 YR3 YRS5 YRS10 YRS20 YRS
Pembroke Canadian Growth Pooled Fund-17.95-16.07-11.18-2.1-0.697.39n/a
Pembroke U.S. Growth Pooled Fund-13.14-10.50-14.014.065.2011.135.89
Pembroke U.S. Growth Pooled Fund(USD)-17.37-16.44-17.023.442.245.93n/a
Pembroke Dividend Growth Pooled Fund-13.19-12.35-4.51-0.972.38n/an/a

Annual Change (%)

FUND201920182017201620152014201320122011201020092008
Pembroke American Growth Fund Inc.(CAD)14.647.877.970.97 3.380.8344.438.556.7524.7615.44(26.15)
Pembroke American Growth Fund Inc. (USD)20.42(0.80)15.564.07(13.34)(7.55)35.1010.954.4230.8434.82(39.91)
Pembroke Canadian Bond Fund5.551.521.521.052.577.060.605.76 6.607.678.344.83
Pembroke Canadian Growth Fund26.53(19.34)11.177.22(2.63)2.4533.3116.89(6.51)27.8435.59(39.37)
Pembroke Corporate Bond Fund6.201.394.097.811.208.718.7517.133.1213.1322.04n/a*
Pembroke Global Balanced Fund6.70n/a*n/a*n/a*n/a*n/a*n/a*n/a*n/a*n/a*n/a*n/a*
Pembroke Growth and Income Fund15.78(11.37)11.3815.22(7.45)3.3121.6216.856.1717.1720.86(25.50)
Pembroke International Growth Fund27.77(14.73)24.19(8.76)32.01(0.08)33.1116.42(11.12)18.3034.13(41.70)
Pembroke Concentrated Fund25.715.73n/an/an/an/an/an/an/an/a
FUND201920182017201620152014201320122011201020092008
Pembroke Canadian Growth Pooled Fund26.25(18.62)13.049.04(0.56)4.4935.3218.12(4.38)29.7342.51
Pembroke U.S. Growth Pooled Fund (CAD)15.328.0710.743.285.712.8246.5610.099.0028.7218.59(11.79)
Pembroke U.S. Growth Pooled Fund (USD)21.13(0.62)18.526.46(11.44)(5.73)37.1012.546.6036.0237.43(28.20)
Pembroke Dividend Growth Pooled Fund20.55(15.62)17.2223.47(9.81)3.1033.7820.45

All funds are offered for sale solely to residents of Canada.
Commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions, and do not take into account sales charges or income taxes payable by any security holder that would have reduced returns. Such funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Effective January 1st, 2018, all fund performance is reported net of transaction costs and all other expenses, excluding management fees and applicable taxes. Prior to January 1st, 2018, mutual fund performance was reported net of transaction costs and all other expenses, including management fees and applicable taxes. Management fees are charged directly to securityholders based on their assets under management.

DOCUMENTS & REPORTS