*Since recording this podcast on April 27, 2020, small cap markets have begun to rally.*

 Sarah Wildman, Director of Institutional Family Office Wealth Services, is joined by David Barr, Portfolio Manager of the Pender Small Cap Opportunities Fund and the Pender Value Fund, and Don Walker, Portfolio Manager of the Pender Small/Mid Cap Dividend Fund, to provide a quarterly equity update. They look back on the events of late March, their impact on small cap markets and our portfolios, and discuss potential trends and opportunities coming out of the crisis, and the steps they are taking to position portfolios for an eventual recovery.