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.

2019 Bond Market Review: Abnormal Returns & Hidden Risks

Ian Marthinsen, CFA, Portfolio Manager

It is said that investor euphoria is the final stage of a bull market, and in 2019, investors should be feeling pretty good. Canadian equities (S&P/TSX Total Return Index), U.S. equities (S&P 500 Total Return Index),…

Canso Corporate Bond Newsletter – 2019 December

These are trying times for rational human beings. Although we can’t imagine the irrational ones are having much fun either. The U.S. remains focused on impeachment (the pessimists) and elections (the optimists), the U.K. on Brexit…

Canso Market Observer – 2019 November

In this edition of the Canso Market Observer, we present the reality show and soap opera called “Withering Heights” the story of recent interest rates in the United States. The co-stars of our drama are the…

Fulcra Commentary: Q2 2019

The end of the 2nd quarter this year marked Fulcra’s 10-year anniversary. Having the opportunity to invest with an independent mindset would not have been possible without the support of our investors who share the patient,…

Canso Market Observer – 2019 August

If you’re wondering about what is going on in the financial markets, you are not alone. There are so many cross currents in the financial markets at present that many highly educated and very smart people…

Corporate Bonds or Government Bonds?

Ian Marthinsen, CFA, Portfolio Manager

The Corporate Bond Trifecta Many would agree that two core tenets of owning bonds in an investment portfolio are to generate income (yield) and provide capital protection. When building a bond portfolio, one of the most…