LYZ900A

Lysander-Crusader
Equity Income Fund
Series A

Series
Key Documents
Fund Profile
Fund Facts
Prospectus
Lysander Funds Ltd.
Award-Winning Fund
Learn More

Overview

  • Asset Class
    Equity
  • CIFSC Category
    Canadian Dividend & Income Equity
  • Risk Rating
    Medium to High
  • Number of Securities
    31

NAV

  • CAD $ NAV
    12.89
  • Change NAV $
    0.06
  • Change NAV %
    0.47
  • Date
    2024-10-11

Objectives

The Fund’s investment objective is to earn income and to achieve long term capital growth through a diversified portfolio composed primarily of equity securities; however, other equity-like income- producing securities, debt and money market securities may be used to achieve its objective.

Investment Focus

A Canadian equity fund with a concentrated portfolio that focuses on income producing securities.

Fund Facts

August 31, 2024
Inception Date December 30, 2014
Currency CAD
Fund AUM $11.5 Million
NAVPU $12.29
Management Fee 1.80%
MER as of June 30, 2024 (unaudited) 2.33%
Minimum Initial Investment $500
Minimum Subsequent Investment $100
Liquidity Daily
RSP Eligible Yes
▲ The NAVs posted are post-distribution

Portfolio Characteristics

Dividend Yield 2.6%

Portfolio Characteristics

Number of Securities 31
Dividend Yield (%) 3.7%

Portfolio

Top 10 Holdings

Security % of Fund
Canadian Western Bank 6.0%
Manulife Financial Corp. 4.9%
Canadian Imperial Bank of Commerce 4.8%
Alamos Gold Inc. 4.7%
Royal Bank of Canada 4.7%
National Bank 4.7%
Fairfax Financial 4.3%
Imperial Oil Ltd. 4.2%
Primaris Retail REIT 4.0%
Bank of Nova Scotia 3.9%
Total 46.2%

Geographic Breakdown

CAD 89.5%
US 10.5%

Performance

Inception Date

December 30, 2014

As of Date

August 31, 2024

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 Since Inception
(Annualized)
2.1% 8.5% 17.2% 24.5% 15.3% 6.9% 2.9%

Calendar Year Returns

Awards

LSEG Lipper Fund Awards

LSEG Lipper Fund Awards

The LSEG Lipper Fund Awards Canada, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

Best Canadian Dividend & Income Equity Fund Over 3 Years

Distributions

Distributions

Distribution Frequency Quarterly
Most Recent Distribution per Unit $0.0357
12-Month Trailing Distribution Yield 1.3%
Next Record Date September 19, 2024
Next Distribution Date September 20, 2024

Quarterly Distributions

Record Date Distribution Date
March 21, 2024 March 22, 2024
June 20, 2024 June 21, 2024
September 19, 2024 September 20, 2024
December 30, 2024 December 31, 2024
Lysander Funds 2023 Final Distribution December 31, 2023
Distributions ($)/Unit2 YTD* 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total Distributions 0.0784 0.1568 0.1077 0.0415 0.1595 0.2890 0.3272 0.8951 0.4679 0.2253
Interest - 0.0359 0.0008 - - - - - - -
Dividends - 0.1211 0.1068 0.0415 0.1595 0.2890 0.3272 0.4214 0.4679 0.2253
Capital Gains - - - - - - - 0.4737 - -
Withholding Tax - (0.0001) - - - - - - - -
*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-Crusader Equity 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. Please read the prospectus before investing. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds.

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.

1TSX © Copyright 2024 TSX 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. 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.

LSEG Lipper Fund Awards Canada 2023

Lysander-Crusader Equity Income Fund (Series F) was named Best Canadian Dividend & Income Equity Fund for 3 years ending July 31, 2023, out of a classification total of 62 funds (3 years). The corresponding LSEG Lipper Leader for Consistent Return ratings of the fund for the period ended July 31, 2023 were: N/A (1 year), 5 (3 years), 1 (5 years). Performance for the fund (Series F) for the period ended August 31, 2024 was 25.9% (1 year), 16.6% (3 years), 8.1% (5 years) and 4.1% (since inception – Dec 30, 2014).

The LSEG Lipper Fund Awards Canada, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed. Note: The Lipper Leader Ratings for each fund are subject to change every month.

LSEG Lipper Fund Awards, ©2024 LSEG. All rights reserved. Used under license.

®Lysander Funds is a registered trademark of Lysander Funds Limited.