LYZ910F

Lysander-Seamark
Balanced Fund
Series F

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

Overview

  • Asset Class
    Balanced
  • CIFSC Category
    Global Equity Balanced
  • Risk Rating
    Low to Medium
  • Number of Securities
    122
  • Yield to Maturity
    3.4%
  • Current Yield
    3.4%
  • Average Duration
    6.1 Years
  • Average Credit Quality2
    AAA

NAV

  • CAD $ NAV
    12.68
  • Change NAV $
    0.04
  • Change NAV %
    0.32
  • Date
    2025-06-30

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

May 31, 2025
Inception Date December 30, 2014
Currency CAD
Fund AUM $2.3 Million
NAVPU $12.48
Management Fee 0.75%
MER as of December 31, 2024 1.11%
Minimum Initial Investment $500
Minimum Subsequent Investment $100
Liquidity Daily
RSP Eligible Yes
▲ The NAVs posted are post-distribution

Portfolio Characteristics - Fixed Income

Number of Securities 49
Number of Issuers 30
Average Term to Maturity (Years) 8.1
Average Duration (Years) 6.1
Average Coupon (%) 3.1%
Yield to Maturity (%) 3.4%
Current Yield (%) 3.4%
Average Credit Quality2 AAA

Portfolio Characteristics - Equity

Number of Securities 73
Dividend Yield (%) 2.7%

Credit Quality Breakdown2

AAA 42.8%
AAH 2.8%
AAL 22.8%
AAM 12.5%
AH 13.7%
AM 5.4%

Portfolio

Top 10 Holdings (Equity)

Security % of Fund
Kla-Tencor Corp. 1.8%
Applied Materials 1.7%
Toronto Dominion Bank 1.7%
Bank of Nova Scotia 1.6%
JP Morgan Chase & Co 1.6%
Alphabet Inc-CL C 1.6%
Manulife Financial Corp. 1.6%
Royal Bank of Canada 1.5%
Apple Inc. 1.5%
Visa Inc. 1.4%
Total 16.0%

Top 10 Holdings (Fixed Income)

Security % of Fund Rating
CANADA GOVT 5.000 01 JUN 37 2.2% AAA
CDA HSG TR 3.45 15MAR35 1.6% AAA
CANADA GOVT 4.000 JUN 01 41 1.5% AAA
CPPIB 3 15JUN28 1.3% AAA
CANADA GOVT 5.750 JUN 01 29 1.2% AAA
HONDA 1.646 25FEB28 1.1% Ah
CANADA GOVT 3.5 01MAR34 1.1% AAA
CITY OF TO 4.5 11MAR55 1.1% AAm
NOVA SCOTIA PROV 4.40 01JUN42 1.0% Ah
CANADA GOVT 2.0 01JUN28 0.9% AAA
Total 13.0%

Geographic Breakdown

Canada 61.2%
USA 31.9%
Australia 0.6%
Germany 0.9%
Ireland 1.1%
Netherlands 0.6%
Switzerland 0.8%
Other 2.9%

Performance

Inception Date

December 30, 2014

As of Date

May 31, 2025

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 10 Year
(Annualized)		 Since Inception
(Annualized)
2.7% -1.9% -0.1% 7.2% 6.2% 8.2% 5.3% 5.4%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency Quarterly
Most Recent Distribution per Unit $0.0423
12-Month Trailing Distribution Yield 6.3%
Next Record Date June 19, 2025
Next Distribution Date June 20, 2025

Quarterly Distributions

Record Date Distribution Date
March 20, 2025 March 21, 2025
June 19, 2025 June 20, 2025
September 18, 2025 September 19, 2025
December 30, 2025 December 31, 2025
Lysander Funds 2024 Final Distribution December 31, 2024
Distributions ($)/Unit3 YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total Distributions 0.0423 0.7926 0.3305 0.7002 0.7956 0.1747 0.1961 0.2021 0.1566 0.2558 0.1632
Interest - - - 0.0308 0.0277 0.0427 - - - - -
Dividends - 0.2253 0.1984 0.1363 0.1335 0.1320 0.2077 0.2114 0.1633 0.1680 0.1288
Capital Gains - 0.5824 0.1446 0.5330 0.6344 - - - - 0.0955 0.0424
Withholding Tax - (0.0151) (0.0125) - - - (0.0116) (0.0093) (0.0067) (0.0077) (0.0080)
*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-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. 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.

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2Ratings are based on DBRS.

3Distributions 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.