Lysander-Roundtable Low Volatility Equity Fund - Series F

Fund Code: LYZ925F

  • Portfolio Manager: Roundtable Capital Partners Inc.
  • As of September 30, 2018
  • Fund Category: Equity
  • Benchmark: Lysander-Roundtable Blended Benchmark1
Investment Focus

The fund invests primarily in North American equities with an active covered call overlay. The fund may hold up to 30% of securities with issuers outside North America.

Risk Tolerance
Low
Medium
High
Why Invest in This Fund

Roundtable’s central mission is to build and protect the capital of clients who seek superior long-term returns.

  • Low Volatility Long Term Capital Growth - The Fund employs an active covered call overlay strategy which aims to augment returns and lower volatility, while investing primarily in North American securities with a focus on large cap dividend stocks.
  • Tax Efficiency - Distributions will be largely comprised of capital gains due to the tax treatment of an active written call strategy.
  • Proven Investment Expertise - Investment team has a total of 30 years experience in investment management to high net worth individuals, families, endowments and foundations.
Compound Returns - Series F
1 Month 3 Months YTD 1 Year Since Inception
(Annualized)
-0.2% 1.7% -0.2% 3.3% 5.8%
Fund Facts
Series Inception Date December 31, 2015
Currency CAD
Fund AUM $12.8 Million
NAVPU $10.05
Management Fee 1.00%
MER (As of June 30, 2018 - unaudited) 1.43%
Minimum Initial Investment $5,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes
Portfolio Characteristics
Number of Securities 35
Dividend Yield 3.2%
Current USD Exposure 56%
USD Hedge (Target) 100%
Option Coverage 65%
Top 10 Holdings
Security Name % of Fund
Occidental Petroleum Corp. 5.0%
ConocoPhillips 4.3%
Royal Dutch Shell PLC 4.3%
Vermillion Energy Inc. 4.3%
Golar LNG Ltd. 4.2%
Walmart Inc. 3.8%
Metro Inc. 3.7%
Alphabet Inc. 3.7%
Accenture Plc-Cla 3.6%
Cognizant Technology Solution 3.5%
Total 40.4%
Calendar Year Returns - Series F
Geographic Breakdown
geo
Canada 44.2%
USA 55.8%
Other 0.0%
Distributions
Distribution Frequency: Annual
Most Recent Distribution per Unit: $0.00
12-Month Trailing Distribution Yield: 0.7%
Next Record Date: December 28, 2018
Next Distribution Date: December 31, 2018
Distributions ($)/Unit2 YTD* 2017 2016
Total Distributions 0.0000 0.3596 1.1818
Interest   --- ---
Dividends   0.1646 0.0290
Capital Gains   0.1950 1.1528
Withholding Tax   --- ---

*The final tax character will be determined based on the Fund’s tax year end information

See the Simplified Prospectus for more details on the Lysander-Roundtable Low Volatility Equity Fund ("the Fund"). This document is not an invitation to invest in the Fund, nor does it constitute a public offering of sale. Commissions, trailing 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 based on calculated net asset values per unit, which are net of management fees, operating expenses, and applicable taxes. These returns include changes in unit value and reinvestment of all distributions and do not take into account certain fees such as redemption fees or optional charges or income taxes payable by any securityholder that would have reduced returns. Series F units are only available to eligible investors who have fee based accounts with their dealer. Sales charges and trailing commissions are not payable on Series F units, however investors may pay other fees to their dealer for investment advice and other services. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated. 165% MCWX; 35% BXM (USD). All rights reserved. Source: MCWX - © 1996-2018 Bourse de Montréal Inc. *Canadian Derivatives Exchange is an official mark of Bourse de Montréal Inc. Source: Cboe® and LiveVol® are registered trademarks of Cboe Options Exchange (Cboe). ©2017 Cboe Exchange, Inc. All rights reserved. 2Distributions are based on the actual number of units outstanding at the relevant time. Distributions are paid in cash or reinvested in additional units, or both. If the series’ net income/capital gains is less than the amounts distributed in the year, the distribution will include a return of capital. In these circumstances, if an investor elects to receive their distributions in cash and not reinvest distributions, it is expected that the value of their investment will decline over time. Distributions are not an indication of performance, rate of return or yield. ®Lysander Funds is a registered trademark of Lysander Funds Limited.