LYZ806 A
Lysander-Canso
Equity Fund
Series A

Series

  • Asset class
    Equity
  • Category
    Global Equity
  • Risk Rating
    Medium
  • Number of Securities
    45

NAV

  • CDN $ NAV
    11.01
  • Change NAV $
    -0.44
  • Change NAV %
    -3.84
  • Date
    2020-02-24

Objectives

The Fund’s objective is to provide long-term capital growth by investing primarily in equity securities of companies anywhere in the world.

Investment Focus

The fund invests primarily in equity securities of companies anywhere in the world. It is unconstrained by both capitalization, geographic and sector considerations.

Fund Facts

Series Inception Date September 18, 2013
Currency CAD
Fund AUM $7.1 Million
NAVPU $11.20
Management Fee3 1.80%
MER (As of June 30, 2019 - unaudited) 2.56%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes

Portfolio Characteristics

Number of Securities 45
Dividend Yield 1.4%

The NAVs posted are post-distribution.

Top 10 Holdings

December 31, 2019
Security % of fund
SNC Lavalin 9.6%
General Electric 7.6%
Maxar Technologies Ltd. 7.4%
CAE Inc. 5.6%
Manulife Financial Corp. 5.6%
Enbridge Inc. 5.3%
Apple Inc. 5.1%
Linamar Corp 4.3%
Yellow Pages Limited 4.2%
Kraft Heinz Co. 3.9%
Total 58.7%

Geographic Breakdown

Inception Date

September 18, 2013

As of Date

December 31, 2019

Compound Returns

  • 1 Month
    6.2%
  • 3 Months
    18.1%
  • YTD
    25.9%
  • 1 Year
    25.9%
  • 3 Year
    (Annualized)
    4.7%
  • 5 Year
    (Annualized)
    0.9%
  • Since Inception
    (Annualized)
    5.9%

Calendar Year Returns

Distributions

Distribution Frequency: Annual
Most Recent Distribution per Unit: $0.0733
12-Month Trailing Distribution Yield: 0.7%
Next Record Date: December 30, 2020
Next Distribution Date: December 31, 2020

Annual Distributions

Record Date Distribution Date
December 30, 2019 December 31, 2019
Distributions ($)/Unit2 YTD* 2018 2017 2016 2015 2014 2013
Total Distributions 0.0733 1.3069 0.1523 0.0985 0.7574 0.1422 0.0943
Interest             0.0099
Dividends   0.0634         0.0344
Capital Gains   1.2435 0.1523 0.0985 0.7574 0.1422 0.0500
Withholding Tax              

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

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Lysander Funds Limited is the investment fund manager of Lysander-Canso Equity 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. 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. Effective January 1, 2020, the management fee for Series A changed from 2.00% to 1.80% ®Lysander Funds is a registered trademark of Lysander Funds Limited.