ETF
Lysander-Slater
Preferred Share ActivETF
  • Asset Class
    Preferred Shares
  • Category
    Preferred Share Fixed Income
  • Risk Rating
    Medium
  • Number of Securities
    170
  • Current Yield (before fees)
    4.5%

NAV

  • CAD $ NAV
    10.40
  • Change NAV $
    0.03
  • Change NAV %
    0.29
  • Date
    2021-10-21

Objectives

The ActivETF seeks to generate income while preserving investor capital by investing primarily in preferred shares of Canadian entities that are listed on a Canadian stock exchange.

ETF Facts

September 30, 2021
Inception Date August 10, 2015
Currency CAD
ETF AUM $95.6 Million
NAVPU $10.26
Management Fee 0.65%
MER as of June 30, 2021(unaudited) 0.98%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes

The NAVs posted are post-distribution.

Top 10 Holdings

September 30, 2021
Security % of fund
FORTIS INC 3.0%
CANADIAN UTILITIES LTD 2.6%
WESTON GEORGE LTD 2.3%
FAIRFAX FINANCIAL HOLDINGS LTD 2.3%
GREAT-WEST LIFECO INC 2.1%
FAIRFAX FINANCIAL HOLDINGS LTD 2.0%
THOMSON REUTERS CORP 1.9%
EMERA INC 1.9%
BCE INC 1.5%
POWER FINANCIAL CORP 1.5%
Total 21.2%

Inception Date

August 10, 2015

As of Date

September 30, 2021

Compound Returns

  • 1 Month
    1.2%
  • 3 Month
    3.2%
  • YTD
    26.6%
  • 1 Year
    39.7%
  • 3 Year
    (Annualized)
    4.2%
  • 5 Year
    (Annualized)
    6.4%
  • Since Inception
    (Annualized)
    5.3%

Calendar Year Returns

Distributions

Distribution Frequency: Monthly
Most Recent Distribution per Unit: $0.0330
12-Month Trailing Distribution Yield: 3.8%
Next Record Date: October 29, 2021
Next Distribution Date: November 12, 2021

Monthly Distributions

Record Date Distribution Date Distribution Rate/Unit
August 31, 2021 September 15, 2021 $0.033
September 30, 2021 October 15, 2021 $0.033
October 29, 2021 November 12, 2021 $0.033
Distributions ($)/Unit2 YTD* 2020 2019 2018 2017 2016 2015
Total Distributions 0.2970 0.429 0.4190 0.4145 0.7156 0.3730 0.1110
Interest
Dividends 0.3847 0.3726 0.3225 0.2692 0.359 0.1050
Capital Gains 0.0596 0.4365
Withholding Tax
Return of Capital 0.0443 0.0464 0.0324 0.0099 0.014 0.0060

*The final tax character will be determined based on the Fund’s tax year end information

Final Tax Factors

Announcements


    Lysander Funds Limited is the investment fund manager of Lysander-Slater Preferred Share ActivETF (“ETF”).This document is not an invitation to invest in the ETF, nor does it constitute a public offering of sale. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. The indicated rates of return are based on calculated net asset values per unit, which are net of management fees, operating expenses, and applicable taxes. These returns include changes in unit value and reinvestment of all distributions and do not take into account certain fees such as redemption fees or optional charges or income taxes payable by any securityholder that would have reduced returns. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the ETF on the Toronto Stock Exchange (“TSX”). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the ETF, and may receive less than the current net asset value when selling them. 1TSX © Copyright 2021 TSX Inc. All Rights Reserved.2Distributions are based on the actual number of units outstanding at the relevant time. Distributions are paid in cash. 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, 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.