LYZ850F

Lysander-Canso
Aviation and Space Fund
Series F

Series
Key Documents
Fund Profile
Lysander Funds Ltd.

Overview

  • Asset Class
    Equity
  • Risk Rating
    Medium to High
  • Number of Securities
    20

Investment Focus

The Fund invests primarily in securities associated with the aviation and space industries. It is unconstrained by security type, capitalization, geographic and sector considerations.

Fund Facts

August 31, 2022
Inception Date March 31, 2020
Currency CAD
Fund AUM $1.4 Million
NAVPU $12.44
Management Fee 0.80%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes
▲ The NAVs posted are post-distribution

Portfolio Characteristics

Dividend Yield 0.1%

Portfolio Characteristics

Number of Securities 20
Dividend Yield (%) 0.2%

Portfolio

Top 10 Holdings

Security % of Fund
Canadian Dollar 18.1%
Maxar Technologies Inc. 10.1%
Bombardier Inc. 9.1%
CAE Inc. 8.4%
Howmet Aerospace Inc. 7.6%
SES S.A. FDR 5.9%
Textron Inc. 5.2%
The Boeing Company 5.2%
Safran SA 4.8%
Spirit Aerosystems Holdings Inc. 4.8%
Total 79.2%

Geographic Breakdown

Canada 54.0%
USA 27.1%
South America 4.6%
Europe 14.3%

Performance

Inception Date

March 31, 2020

As of Date

August 31, 2022

Compound Returns

1 Month 3 Months YTD 1 Year Since Inception
(Annualized)
-3.3% -7.3% -19.1% -23.8% 21.0%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency Quarterly
Most Recent Distribution per Unit $0.0101
12-Month Trailing Distribution Yield 31.3%
Next Record Date September 29, 2022
Next Distribution Date September 30, 2022
Distributions ($)/Unit3 YTD* 2021 2020
Total Distributions 0.0669 3.8216 0.1871
Interest - - -
Dividends - - 0.1457
Capital Gains - 3.8216 0.0414
Withholding Tax - - -
*The final tax character will be determined based on the Fund’s tax year end information.

Resources

Lysander Funds Limited is the investment fund manager of Lysander-Canso Aviation and Space Fund (the “Fund”). This document is not an invitation to invest in the Fund and does not constitute a public offering of sale. The Fund is only available under prospectus exemptions and other exemptions available to investors who meet certain eligibility or minimum purchase requirements. Currently these exemptions include the accredited investor exemption and the $150,000 minimum purchase exemption for non-individual investors. Each purchaser of Units in the Fund may have statutory or contractual rights of action. The offering of Units of the Fund is made pursuant to an Offering Memorandum and the information contained herein is a summary only and is qualified by the more detailed information in the Offering Memorandum.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Offering Memorandum 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. Investment funds are not guaranteed or insured, their values change frequently and past performance may not be repeated. Distributions are based on the actual number of units outstanding at the relevant time. Distributions are paid in cash or reinvested in additional units. 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.