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.

Why research and precision are keys to successful investing in a low-yield environment

Ian Marthinsen, CFA, Portfolio Manager

After a banner year of returns in the broad bond market, it may be tempting to invest in a broad market index vehicle in 2021. However, while these vehicles may look attractive in the rear view…

Canso Market Observer – January 2021

A Message to Our Clients and Readers Welcome to the “Raging 2020s”! A Microscopic Turned Macroeconomic Problem Lots of Drunks at the Market Party A Star Trek Through the Markets The Fall of the Machines Once…

Fulcra Q3 2020 Commentary

“Certain companies / sectors are seeing an uptick in revenues because of consumers being home bound and changing their buying patterns. Some of these positive changes, in our opinion, will become more permanent in nature for…

Why Yield Matters in your Bond Portfolio

Ian Marthinsen, CFA, Portfolio Manager

Back to Basics Bonds are fundamentally simple securities – they are loans, where a lender (“bondholder”) provides cash to a borrower (“bond issuer”) in exchange for regular interest payments (“coupons”), and at the end of the…

Canso Market Observer – October 2020

“While we are not public health experts or medical doctors, our profession does require us to price financial assets and evaluate their risks. This means understanding and pricing the effects of COVID on companies and their cash…

A New Type of Security is Shaking up the Canadian Preferred Share Market

Ian Marthinsen, CFA, Portfolio Manager

Shades of the 2008 Financial Crisis A relatively new type of security with ties to the 2008 financial crisis is shaking up the Canadian preferred share market. The security goes by different names depending on where…