LYZ910 A
Lysander-Seamark
Balanced Fund
Series A

Series

  • Asset Class
    Balanced
  • Category
    Global Equity Balanced
  • Risk Rating
    Low to Medium
  • Number of Securities
    97
  • Yield to Maturity
    1.3%
  • Current Yield
    2.2%
  • Average Duration
    7.8 Years
  • Average Credit Quality
    AA

NAV

  • CDN $ NAV
    10.55
  • Change NAV $
    0.08
  • Change NAV %
    0.76
  • Date
    2020-10-29

Objectives

The Fund’s objective is to provide long-term total returns consisting of both income and capital gains by investing primarily in a portfolio of fixed income securities and equities.

Investment Focus

Invests in the equity and fixed income securities of global companies with sustainable competitive advantages and durable growth prospects.

Fund Facts

September 30, 2020
Series Inception Date December 30, 2014
Currency CAD
Fund AUM $1.8 Million
NAVPU $10.74
Management Fee 1.50%
MER (June 30, 2020 - unaudited) 2.00%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes

Portfolio Characteristics - Equity

Number of Securities 65
Dividend Yield 3.4%

Portfolio Characteristics - Fixed Income

Number of Securities 32
Number of Issuers 23
Average Term to Maturity (Years) 9.6
Average Duration (Years) 7.8
Average Coupon (%) 2.4%
Yield to Maturity (%) 1.3%
Current Yield (%) 2.2%
Average Credit Quality2 AA

Credit Quality Breakdown

The NAVs posted are post-distribution.

Top 10 Holdings - Equity

September 30, 2020
Security % of fund
Royal Bank of Canada 1.6%
Aliment'n Couche-Tard 1.5%
Toronto Dominion Bank 1.5%
Apple Inc. 1.5%
Bank of Nova Scotia 1.5%
Alphabet Inc-CL C 1.4%
Canadian National Railway 1.4%
United Parcel Service 1.4%
Manulife Financial Corp. 1.3%
Applied Materials 1.3%
Total 14.4%

Top 10 Holdings - Fixed Income

September 30, 2020
Security % of fund Rating
Aimrl 2.712 01Jun29 1.6% AAL
BNS 2.49 23Sep24 1.5% AAL
TOYOTA CC 2.110 26FEB25 1.4% AAL
Canada 4% Jun 1, 2041 1.3% AAA
CPPIB 3.00 15Jun28 1.3% AAA
Nova Scotia Prov. 4.40 01Jun42 1.3% AH
QUEBEC PROV 3.1 01DEC51 1.3% AAM
Manulife 3.317 09May28/23 1.2% AM
ONTARIO PROV 1.05 08SEP27 1.2% AAL
OPB Fin TR 2.98 25Jan27 1.2% AAH
Total 13.2%  

Geographic Breakdown

Inception Date

December 30, 2014

As of Date

September 30, 2020

Compound Returns

  • 1 Month
    -0.7%
  • 3 Months
    2.3%
  • YTD
    -2.7%
  • 1 Year
    0.0%
  • 3 Year
    (Annualized)
    1.6%
  • 5 Year
    (Annualized)
    3.5%
  • Since Inception
    (Annualized)
    2.3%

Calendar Year Returns

Distributions

Distribution Frequency: Quarterly
Most Recent Distribution per Unit: $0.0094
12-Month Trailing Distribution Yield: 0.5%
Next Record Date: December 30, 2020
Next Distribution Date: December 31, 2020

Quarterly Distributions

Record Date Distribution Date
March 26, 2020 March 27, 2020
June 25, 2020 June 26, 2020
September 24, 2020 September 25, 2020
December 30, 2020 December 31, 2020
Distributions ($)/Unit3 YTD* 2019 2018 2017 2016 2015
Total Distributions 0.0516 0.0782 0.1170 0.0994 0.1486 0.1052
Interest            
Dividends   0.0828 0.1224 0.1036 0.0976 0.0830
Capital Gains         0.0555 0.0274
Withholding Tax   (0.0046) (0.0054) (0.0042) (0.0045) (0.0052)

* 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-Seamark Balanced 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. Ratings are based on DBRS. 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. ®Lysander Funds is a registered trademark of Lysander Funds Limited.