LYZ850F

Lysander-Canso
Aviation and Space Fund
Series F

Series
Key Documents
Fund Profile
Lysander Funds Ltd.

Overview

  • Asset Class
    Equity
  • Number of Securities
    19

Objectives

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

June 30, 2021
Inception Date December 30, 2016
Currency CAD
Fund AUM $1.6 Million
NAVPU $18.43
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

Number of Securities 19
Dividend Yield 0.1%

Portfolio

Top 10 Holdings

Security % of Fund
Bombardier Inc. 21.9%
Maxar Technologies Inc. 11.5%
CAE Inc. 9.0%
Embraer S.A ADR 5.5%
Textron Inc. 4.9%
Heroux-Devtek Inc. 4.9%
Spirit Aerosystems Holdings Inc. 4.8%
MDA Ltd. 4.8%
The Boeing Company 4.7%
Howmet Aerospace Inc. 4.6%
Total 76.6%

Geographic Breakdown

Canada 54.1%
USA 23.3%
Australia 0.0%
South America 5.5%
Europe 17.1%
Asia 0.0%
Other 0.0%

Performance

Inception Date

December 30, 2016

As of Date

June 30, 2021

Compound Returns

1 Month 3 Months YTD 1 Year Since Inception
(Annualized)
7.6% 6.9% 23.1% 57.1% 0.0%

Distributions

Distributions

Distribution Frequency: Quarterly
Most Recent Distribution per Unit: $0.0000
12-Month Trailing Distribution Yield: 0.0%
Next Record Date: September 23, 2021
Next Distribution Date: September 24, 2021
Distributions ($)/Unit2 YTD* 2020
Total Distributions 0.0000 0.1871
Interest 0.0000
Dividends 0.1457
Capital Gains 0.0414
Withholding Tax 0.0000
*The final tax character will be determined based on the Fund’s tax year end information.

Resources

Canso and GICs – May 2022

1. Greater Initial Yield–Lysander-Canso fixed income funds’ portfolios generally have greater yields than 1-Year, 3-Year, and 5-Year GICs as of March 31st, 2022 2. Historical Outperformance–Lysander-Canso fixed income funds have demonstrated outperformance compared to GICs, as…
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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.