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.
The funds 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.
|Inception Date||December 30, 2014|
|Fund AUM||$100.2 Million|
|MER as of June 30, 2021 (unaudited)||1.53%|
|Minimum Initial Investment||$1,000|
|Minimum Subsequent Investment||$100|
|Number of Securities||171|
|Current Yield (%)||4.2%|
▲The NAVs posted are post-distribution.
|Security||% of fund|
|Canadian Utilities PFD||2.6%|
|Fairfax Financial PFD||2.4%|
|George Weston Limited PFD||2.1%|
|Thomson Reuters PFD||2.1%|
|Fairfax Financial PFD Series I||2.0%|
|Enbridge Inc. cumulative redeemable PFD||2.0%|
|Emera Inc. PFD||1.9%|
|Enbridge Inc. PFD||1.9%|
|Distribution Frequency: Monthly|
|Most Recent Distribution per Unit: $0.0331|
|12-Month Trailing Distribution Yield: 3.6%|
|Next Record Date: November 25, 2021|
|Next Distribution Date: November 26, 2021|
|Record Date||Distribution Date|
|January 28, 2021||January 29, 2021|
|February 25, 2021||February 26, 2021|
|March 25, 2021||March 26, 2021|
|April 29, 2021||April 30, 2021|
|May 27, 2021||May 28, 2021|
|June 24, 2021||June 25, 2021|
|July 29, 2021||July 30, 2021|
|August 26, 2021||August 27, 2021|
|September 23, 2021||September 24, 2021|
|October 28, 2021||October 29, 2021|
|November 25, 2021||November 26, 2021|
|December 16, 2021||December 17, 2021|
|Return of Capital||0.0013|
*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 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. 1 TSX © 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 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.