TSX TICKER: PR

Lysander-Slater
Preferred Share ActivETF

Key Documents
ETF Profile
ETF Facts
Prospectus
Lysander Funds Ltd.

Overview

  • Asset Class
    Preferred Shares
  • CIFSC Category
    Preferred Share Fixed Income
  • Risk Rating
    Medium
  • Number of Securities
    89
  • Current Yield
    (Before fees)
    5.2%

NAV

  • CAD $ NAV
    10.42
  • Change NAV $
    0.00
  • Change NAV %
    0.05
  • Date
    2026-02-26

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.

Investment Focus

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

ETF Facts

January 31, 2026
Inception Date August 10, 2015
Currency CAD
ETF AUM $89.7 Million
NAVPU $10.35
Management Fee 0.65%
MER as of June 30, 2025 (unaudited)2 0.90%
Liquidity Daily
RSP Eligible Yes
Closing Market Price on TSX $10.36
▲ The NAVs posted are post-distribution

Portfolio Characteristics

Number of Securities 89
Current Yield (%) 5.2%

Portfolio

Top 10 Holdings

Security % of Fund
Canadian Dollar 13.0%
Royal Bank $1000 Preferred 7.4% 7.1%
CIBC $1000 Preferred 7.337% 6.5%
Great West Lifeco Lrcn 4.6%
Canada Treasury June 1, 2030 4.4%
TD Bank $1000 Preferred 7.23% 4.2%
Bank Of Montreal $1000 Preferred 7.057%        3.8%
IAG $1000 Preferred 6.435% 3.7%
TC Energy Preferred 2.8%
Bank Of Montreal $1000 Preferred 7.37%          2.6%
Total 52.7%

Performance

Inception Date

August 10, 2015

As of Date

January 31, 2026

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 10 Year
(Annualized)		 Since Inception
(Annualized)
ETF 0.5% 1.2% 0.5% 9.3% 11.6% 8.5% 6.5% 5.2%
Benchmark 0.4% 1.9% 0.4% 13.9% 12.8% 8.0% 7.5% 5.7%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency Monthly
Most Recent Distribution per Unit $0.0430
12-Month Trailing Distribution Yield 4.9%
Next Record Date February 27, 2026
Next Distribution Date March 10, 2026

Monthly Distributions

Record Date Distribution Date Distribution Rate/Unit
January 30, 2026 February 10, 2026 $0.0430
February 27, 2026 March 10, 2026 $0.0430
March 31, 2026 April 10, 2026 $0.0430
April 30, 2026 May 11, 2026 TBD
May 29, 2026 June 10, 2026 TBD
June 30, 2026 July 10, 2026 TBD
July 31, 2026 August 10, 2026 TBD
August 31, 2026 September 10, 2026 TBD
September 29, 2026 October 13, 2026 TBD
October 30, 2026 November 10, 2026 TBD
November 30, 2026 December 10, 2026 TBD
December 31, 2026 January 11, 2027 TBD
Lysander ETF CEF 2025 Distribution Estimates
Distributions ($)/Unit3 YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total Distributions 0.0430 0.5020 0.4400 0.3971 0.4110 0.3950 0.4290 0.4190 0.4145 0.7156 0.3730
Interest - - 0.0623 0.0234 - - - - - - -
Dividends - 0.4836 0.3735 0.3737 0.3393 0.3050 0.3847 0.3726 0.3225 0.2692 0.3590
Capital Gains - - - - - - - - 0.0596 0.4365 -
Withholding Tax - - - - - - - - - - -
Return of Capital - 0.0184 0.0041 - 0.0717 0.0900 0.0443 0.0464 0.0324 0.0099 0.0140
*The final tax character will be determined based on the Fund’s tax year end information.

Documents

ETF Profile

ETF Profile

Regulatory Documents

ETF Facts June 25, 2025
Simplified Prospectus
Financial Statements - Semi-annual June 30, 2025
Financial Statements - Annual December 31, 2024
Management Report of Fund Performance - Annual December 31, 2024
Management Report of Fund Performance - Semi-annual June 30, 2025
Quarterly Portfolio Disclosure September 30, 2025
Proxy Voting

Final Tax Factors

Final Tax Factors - 2025 December 31, 2025
Final Tax Factors - 2024 December 31, 2024
Final Tax Factors - 2023 December 31, 2023
Final Tax Factors - 2022 December 31, 2022
Final Tax Factors - 2021 December 31, 2021
Final Tax Factors - 2020 December 31, 2020
Final Tax Factors - 2019 December 31, 2019
Final Tax Factors - 2018 December 31, 2018
Final Tax Factors - 2017 December 31, 2017
Final Tax Factors - 2016 December 31, 2016
Final Tax Factors - 2015 December 31, 2015

Announcements

Lysander Announces Cash Distributions for the Lysander ActivETFs January 21, 2026
Lysander ActivETFs Press release distributions December 30 2025 - Revised December 30, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs December 2025 December 30, 2025
Lysander Announces Estimated Cash Distributions for the Lysander ActivETFs December 2025 December 22, 2025
Lysander Announces Estimated Tax Year End Distributions for the Lysander ActivETFs November 25, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs November 21, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs October 21, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs July 21, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs April 22, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs January 21, 2025
Lysander Announces Cash Distributions for the Lysander ActivETFs December 30, 2024
Lysander Announces Estimated Cash Distributions for the Lysander ActivETFs December 19, 2024
Lysander Announces Estimated Tax Year End Distributions for the Lysander ActivETFs November 26, 2024
Lysander Announces Cash Distributions for the Lysander ActivETFs November 21, 2024
Lysander Announces Cash Distributions for the Lysander-Canso ActivETFs October 21, 2024
Lysander Announces Cash Distributions for the Lysander ActivETFs July 22, 2024
Lysander Announces Cash Distributions for the Lysander ActivETFs April 22, 2024
Lysander Announces Cash Distributions for the Lysander ActivETFs January 23, 2024
View all announcements

Resources

Lysander Funds Limited is the investment fund manager of Lysander-Slater Preferred Share ActivETF (the “Fund”). This document is not an invitation to invest in the Fund and does not constitute a public offering of sale. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds.

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. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

1TSX © Copyright 2026 TSX Inc. All Rights Reserved.

2The management expense ratio ("MER") is based on the total expenses of the period mentioned, including the Fund's proportionate share of the MER, if any, of any underlying fund in which the Fund has invested, and is expressed as an annualized percentage of daily average net asset value during the period. If the Fund invests in an underlying fund where Lysander Funds Limited is the investment fund manager, no management fees are payable by the Fund that would duplicate a fee payable by the underlying fund.

3Distributions are based on the actual number of units outstanding at the relevant time. Distributions are paid in cash. If the Fund's 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.