LYZ905F

Lysander-Patient Capital
Equity Fund
Series F

Series
Key Documents
Fund Profile
Fund Facts
Prospectus
Lysander Funds Ltd.

Overview

  • Asset Class
    Equity
  • Category
    Global Equity
  • Risk Rating
    Medium
  • Number of Securities
    14

NAV

  • CAD $ NAV
    11.98
  • Change NAV $
    0.04
  • Change NAV %
    0.34
  • Date
    2022-06-27

Objectives

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

Investment Focus

Invests in the equity securities of global companies with an Absolute Value focus.

Fund Facts

May 31, 2022
Inception Date December 30, 2014
Currency CAD
Fund AUM $10.3 Million
NAVPU $12.27
Management Fee 0.80%
MER as of December 31, 2021 0.99%
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 14
Dividend Yield 2.2%

Portfolio

Top 10 Holdings

Security % of Fund
Canada T-Bill 63.0%
Bank of Nova Scotia 5.1%
Verizon Communications Inc. 4.8%
Honda Motor Co. Ltd. ADR 4.8%
Linamar Corp 4.4%
Canadian Natural Resources 3.7%
Cdn. Utilities Ltd. 2.9%
WPP PLC 1.9%
Toronto Dominion Bank 1.9%
Bank of Montreal 1.9%
Total 94.4%

Geographic Breakdown

Canada 88.5%
USA 4.8%
Other 6.7%

Performance

Inception Date

December 30, 2014

As of Date

May 31, 2022

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 Since Inception
(Annualized)
1.1% -0.4% 1.8% 12.5% 10.0% 8.2% 6.5%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency: Quarterly
Most Recent Distributions per Unit: $0.0220
12-Month Trailing Distribution Yield: 29.8%
Next Record Date: June 23, 2022
Next Distribution Date: June 24, 2022

Quarterly Distributions

Record Date Distribution Date
March 24, 2022 March 25, 2022
June 23, 2022 June 24, 2022
September 29, 2022 September 30, 2022
December 29, 2022 December 30, 2022
Distributions ($)/Unit2 YTD* 2021 2020 2019 2018 2017 2016 2015
Total Distributions 0.0220 3.6920 0.2820 0.8276 0.1962 0.1581 0.1829 0.1186
Interest 0.0000 0.0000
Dividends 0.2694 0.2820 0.2308 0.1643 0.1581 0.1829 0.1186
Capital Gains 3.4226 0.0000 0.5968 0.0319
Withholding Tax 0.0000 0.0000
*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 Patient Capital 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. 1Source: TSX © Copyright 2022 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. On November 1, 2021, the portfolio manager of the fund changed from 18 Asset Management Inc. to Patient Capital Management Inc. and the investment objective of the fund no longer had a Canadian equity securities focus. These changes could have affected the performance of the fund had these changes been in effect throughout the performance measurement period.

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