The Fund’s objective is to generate returns consisting of income and capital gains by investing primarily in a portfolio of fixed income securities and equities of companies anywhere in the world.
Invests in equity and fixed income securities of companies having a broad range of capitalizations from anywhere in the world.
Series Inception Date | December 31, 2015 |
Currency | CAD |
Fund AUM | $3.1 Million |
NAVPU | $10.60 |
Management Fee | 0.75% |
MER (As of June 30, 2019 - unaudited) | 1.15% |
Minimum Initial Investment | $1,000 |
Minimum Subsequent Investment | $100 |
Liquidity | Daily |
RRSP Eligible | Yes |
Number of Securities | 39 |
Dividend Yield | 3.0% |
Number of Securities | 18 |
Number of Issuers | 17 |
Average Term to Maturity (Years) | 9.3 |
Average Duration (Years) | 7.3 |
Average Coupon (%) | 4.9% |
Yield to Maturity (%) | 2.5% |
Current Yield (%) | 4.2% |
Average Credit Quality2 | A |
▲The NAVs posted are post-distribution.
Security | % of fund | |
---|---|---|
WSP Global Inc | 2.5% | |
Thomson Reuters Corp | 2.4% | |
Rwe Aktiengesellschaf ADR | 2.4% | |
Algonquin Power & Util | 2.2% | |
Ishares US Preferred Stock E | 2.2% | |
Motorola Solutions Inc | 2.2% | |
Nextera Energy Inc | 2.2% | |
Transurban Group | 2.2% | |
Air Liquide | 2.1% | |
Morneau Shepell Inc | 2.1% | |
Total | 22.5% |
Security | % of fund | Rating |
---|---|---|
AIR CDA 4.750 OCT 06 23 | 2.2% | Aaa |
Prov Princ Ed 3.65% 6/27/2042 | 2.2% | A |
Canada Govt. 5.00% 6/1/2037 | 2.0% | AAA |
Canadian National Railway 3.00% February 08, 2029 | 2.0% | A |
Ontario 6.25% 8/25/2028 | 2.0% | AAL |
Toronto 3.90% 9/29/2023 | 2.0% | AA |
Newfoundland 6.15% Apr 17, 2028 | 1.1% | AL |
BC Ferry Ser 5.021% 3/20/2037 | 1.1% | BBB |
Loblaws 6.54% Feb 17, 2033 | 1.0% | BBB |
BAM 4.54% 3/31/2023 | 1.0% | AL |
Total | 16.4% |
Distribution Frequency: Quarterly |
Most Recent Distribution per Unit: $0.0524 |
12-Month Trailing Distribution Yield: 2.0% |
Next Record Date: December 30, 2019 |
Next Distribution Date: December 31, 2019 |
Record Date | Distribution Date |
---|---|
March 25, 2021 | March 26, 2021 |
June 24, 2021 | June 25, 2021 |
September 23, 2021 | September 24, 2021 |
December 30, 2021 | December 31, 2021 |
Distributions ($)/Unit3 | YTD* | 2018 | 2017 | 2016 |
---|---|---|---|---|
Total Distributions | 0.1520 | 0.2184 | 0.2014 | 0.1869 |
Interest | 0.0005 | |||
Dividends | 0.2274 | 0.2066 | 0.1962 | |
Capital Gains | ||||
Withholding Tax | (0.0089) | (0.0052) | (0.0098) |
* The final tax character will be determined based on the Fund’s tax year end information.
Lysander Funds Limited is the investment fund manager of Lysander-Triasima Balanced Income Fund (the “Fund”). This document is not an invitation to invest in the Fund and does not constitute a public offering of sale. Purchases in the Fund can only be made through an Investment Professional on the terms in the Fund’s offering document by eligible investors. Each purchaser of units in a fund may have statutory or contractual right of action. 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 historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated. Ratings are based on DBRS. DBRS Limited, DBRS, Inc and DBRS Ratings Limited. All Rights Reserved. http://www.dbrs.com/ Distributions 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.