LYZ910F

Lysander-Seamark
Balanced Fund
Series F

Series
Key Documents
Fund Profile
Fund Facts
Prospectus
Lysander Funds Ltd.
2022 Distribution Estimates Now Available

Overview

  • Asset Class
    Balanced
  • Category
    Global Equity Balanced
  • Risk Rating
    Low to Medium
  • Number of Securities
    103
  • Yield to Maturity
    4.3%
  • Current Yield
    4.3%
  • Average Duration
    5.6 Years
  • Average Credit Quality
    AA

NAV

  • CAD $ NAV
    12.06
  • Change NAV $
    -0.05
  • Change NAV %
    -0.41
  • Date
    2022-12-06

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

October 31, 2022
Inception Date December 30, 2014
Currency CAD
Fund AUM $2.0 Million
NAVPU $11.65
Management Fee 0.75%
MER as of June 30, 2022 (unaudited) 1.15%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes
▲ The NAVs posted are post-distribution

Portfolio Characteristics - Fixed Income

Number of Securities 38
Number of Issuers 28
Average Term to Maturity (Years) 7.1
Average Duration (Years) 5.6
Average Coupon (%) 2.4%
Yield to Maturity (%) 4.3%
Current Yield (%) 4.3%
Average Credit Quality2 AA

Portfolio Characteristics - Equity

Number of Securities 65
Dividend Yield (%) 3.3%

Credit Quality Breakdown

AAA 25.2%
AAH 7.4%
AAL 29.5%
AAM 9.5%
AH 19.1%
AM 3.0%
AL 6.6%

Portfolio

Top 10 Holdings (Equity)

Security % of Fund
Royal Bank of Canada 1.7%
Toronto Dominion Bank 1.5%
IA Financial Corporation 1.5%
Kla-Tencor Corp. 1.5%
Apple Inc. 1.4%
Bank of Nova Scotia 1.3%
JP Morgan Chase & Co. 1.3%
Biogen Nc 1.3%
Manulife Financial Corp. 1.2%
Bank of America Corp. 1.2%
Total 14.0%

Top 10 Holdings (Fixed Income)

Security % of Fund Rating
BMW CANADA INC .99 14JAN25 1.2% AL
HONDA 1.646 25FEB28 1.1% AH
ONTARIO PROV 1.05 08SEP27 1.0% AAL
OPB FIN TR 2.98 25JAN27 1.0% AAH
CANHOU TR FRN 15MAR23 1.0% AAA
CDA HSG TR 1.1 15MAR31 0.9% AAA
AIMRL 2.712 01JUN29 0.9% AAL
BAC FRN 16MAR26 0.8% AAL
BNS 1.4 01NOV27 0.8% AAL
CANADA GOVT 4.000 JUN 01 41 0.8% AAA
Total 9.4%

Geographic Breakdown

Canada 54.3%
USA 27.2%
Australia 0.8%
Germany 1.0%
Switzerland 1.1%
United Kingdom 3.0%
Other 12.6%

Performance

Inception Date

December 30, 2014

As of Date

October 31, 2022

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 Since Inception
(Annualized)
3.0% -1.8% -7.2% -3.6% 5.7% 4.3% 4.4%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency Quarterly
Most Recent Distribution per Unit $0.0000
12-Month Trailing Distribution Yield 7.2%
Next Record Date December 29, 2022
Next Distribution Date December 30, 2022

Annual Distributions

Record Date Distribution Date
December 29, 2022 December 30, 2022
Distributions ($)/Unit3 YTD* 2021 2020 2019 2018 2017 2016 2015
Total Distributions 0.1480 0.7956 0.1747 0.1961 0.2021 0.1566 0.2558 0.1632
Interest - 0.0277 0.0427 - - - - -
Dividends - 0.1335 0.1320 0.2077 0.2114 0.1633 0.1680 0.1288
Capital Gains - 0.6344 - - - - 0.0955 0.0424
Withholding Tax - - - (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. 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. 15% FTSE TMX Canada 91 Day T-Bills; 27% S&P/TSX Composite Total Return Index; 20% S&P 500 Total Return Index (CAD); 40% FTSE TMX Canada Universe Bond Index; 8% MSCI EAFE Composite (CAD). 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.