Commentary Archives

Insights

At Lysander Funds we strive to inform and educate Canadian investors. In this section you'll find resources that highlight the thinking of our Portfolio Managers.

Patient Capital Quarterly Commentary – Q2 2026

Market Review Financial markets delivered strong results in the first half of 2026. Equities sold off sharply in the first quarter following the outbreak of the U.S.–Iran war in late February, then rebounded strongly in the…

Canso July 2026 Market Observer

The “Maestro” is no More Alan Greenspan passed away on June 22nd. He was 100. Dubbed the “maestro”1 for his almost two decades as the Federal Reserve chair when the American economy flourished. He got help from…

Canso July 2026 Corporate Bond Newsletter

The Long Game Some wins take time. Canada’s men’s national soccer team made history, advancing to the FIFA World Cup Round of 16 for the first time ever. Their dramatic 1-0 victory over South Africa, sealed…

Slater Quarterly Recap – Q2 2026

The Canadian Preferred Share market finished higher in Q2 2026, with the S&P/TSX Preferred Share Total Return Index (the “index”) up 4.0%. Series F of Lysander‑Slater Preferred Share Dividend Fund (“the Fund”), and Lysander‑Slater Preferred Share…

Three Reasons to Get Excited About US Small Cap Stocks

Ian Marthinsen, CFA, Portfolio Manager

A Crowded Trade – US Large-Cap Equity Over the past three years, US large cap equity has become an increasingly crowded trade, with investor assets growing in ETFs replicating the S&P 500 Index1. As illustrated in…

Patient Capital Quarterly Commentary – Q1 2026

In the first quarter of 2026, equity performance in North America diverged meaningfully. Through March 31, 2026, the S&P 500 Index was down 4.6%1 for the quarter, while the S&P/TSX Composite Total Return Index gained 3.3%2,…