LYZ920 A
Lysander-Slater
Preferred Share Dividend Fund
Series A

Series

  • Asset class
    Preferred Shares
  • Category
    Preferred Share Fixed Income
  • Risk Rating
    Low
  • Number of Securities
    168
  • Current Yield
    5.3%

NAV

  • CDN $ NAV
    8.01
  • Change NAV $
    -0.10
  • Change NAV %
    -1.23
  • Date
    2020-02-27

Objectives

The Fund’s objective is to seek to generate income while preserving investor capital by investing primarily in preferred securities of Canadian issuers that are listed on a Canadian stock exchange.

Fund Facts

Series Inception Date December 30, 2014
Currency CAD
Fund AUM $78.7 Million
MER 1.55%
Current Yield 5.3%

The NAVs posted are post-distribution.

Top 10 Holdings

January 31, 2020
Security % of fund
CASH AND EQUIVALENTS 4.7
GEORGE WESTON PFD 3.2
MANULIFE FINANCIAL PFD 1.8
TC ENERGY PFD 1.8
PEMBINA PFD 1.7
COMMERCE BANK PFD 1.7
SUN LIFE FINANCIAL PFD 1.6
FAIRFAX FINANCIAL PFD 1.6
GREAT WEST LIFE PFD 1.6
FAIRFAX FINANCIAL SERIES K 1.5
Total 21.2

Inception Date

December 30, 2014

As of Date

January 31, 2020

Compound Returns

  • 1 month
    -0.51%
  • 3 month
    4.98%
  • YTD
    -0.51%
  • 1 Year
    1.33%
  • 3 Year
    (Annualized)
    -0.58%
  • 5 Year
    (Annualized)
    -0.12%
  • Since Inception
    (Annualized)
    -0.44%

Calendar Year Returns

Distributions

Record Date Distribution Date
December 19, 2019 December 20, 2019
January 30, 2020 January 31, 2020
February 27, 2020 February 28, 2020
March 26, 2020 March 27, 2020
April 23, 2020 April 24, 2020
May 18, 2020 May 19, 2020
June 25, 2020 June 26, 2020
July 30, 2020 July 31, 2020
August 27, 2020 August 28, 2020
September 24, 2020 September 25, 2020
October 29, 2020 October 30, 2020
November 26, 2020 November 27, 2020

Lysander Funds Limited is the investment fund manager of Lysander-Slater Preferred Share Dividend 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. Distributions are based on the actual number of units outstanding at the relevant time. Distributions are paid in cash or reinvested in additional units, or both. 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.