ETF
Lysander-Slater
Preferred Share ActivETF
  • Asset Class
    Preferred Shares
  • Category
    Preferred Share Fixed Income
  • Risk Rating
    Low
  • Number of Securities
    130
  • Current Yield (before fees)
    4.9%

NAV

  • CDN $ NAV
    9.51
  • Change NAV $
    -0.01
  • Change NAV %
    -0.11
  • Date
    2021-04-16

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

March 31, 2021
Inception Date August 10, 2015
Currency CAD
ETF AUM $77.3 Million
NAVPU $9.46
Management Fee 0.65%
MER as of December 31, 2020 1.03%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes

The NAVs posted are post-distribution.

Top 10 Holdings

March 31, 2021
Security % of fund
George Weston Limited PFD 2.9%
TC Energy Corp PFD 2.8%
Pembina PFD 2.4%
Emera inc PFD 2.1%
CANADIAN UTILITIES LTD PFD 2.0%
Enbridge Inc. cumulative redeemable PFD 1.9%
Fairfax Financial PFD 1.7%
POWER FINANCIAL PFD 1.6%
BCE INC PFD 1.6%
Emera inc PFD Series A 1.6%
Total 20.5%

Inception Date

August 10, 2015

As of Date

March 31, 2021

Compound Returns

  • 1 Month
    3.1%
  • 3 Month
    14.5%
  • YTD
    14.5%
  • 1 Year
    54.7%
  • 3 Year
    (Annualized)
    1.5%
  • 5 Year
    (Annualized)
    6.0%
  • Since Inception
    (Annualized)
    3.9%

Calendar Year Returns

Distributions

Distribution Frequency: Monthly
Most Recent Distribution per Unit: $0.0330
12-Month Trailing Distribution Yield: 4.2%
Next Record Date: March 31, 2021
Next Distribution Date: April 15, 2021

Monthly Distributions

Record Date Distribution Date Distribution Rate/Unit
April 30, 2021 May 14, 2021 $0.033
May 31, 2021 June 14, 2021 $0.033
June 30, 2021 July 15, 2021 $0.033
Distributions ($)/Unit2 YTD* 2020 2019 2018 2017
Total Distributions 0.0990 0.429 0.4190 0.4145 0.7156
Interest
Dividends 0.3847 0.3726 0.3225 0.2692
Capital Gains 0.0596 0.4365
Withholding Tax
Return of Capital 0.0443 0.0464 0.0324 0.0099

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

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.