Overview
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Asset ClassBalanced
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Risk RatingMedium
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Number of Securities15
Investment Focus
The fund employs a deep value investment strategy with an unrestricted mandate both geographically and by quality. It is primarily a fixed income fund, but can invest in equity securities.
Fund Facts
July 31, 2023Inception Date | November 20, 2015 |
Currency | CAD |
Fund AUM | $26.7 Million |
NAVPU | $12.04 |
Management Fee | 1.50% |
MER as of June 30, 2023 (unaudited) | 1.99% |
Minimum Initial Investment | $500 |
Minimum Subsequent Investment | $100 |
Liquidity | Daily |
RRSP Eligible | Yes |
Portfolio Characteristics - Fixed Income
Number of Securities | 2 |
Number of Issuers | 12 |
Portfolio Characteristics - Equity
Number of Securities | 13 |
Dividend Yield (%) | 0.1% |
Credit Quality Breakdown
Not Rated | 100.0% |
Portfolio
Top 10 Holdings (Equity)
Security | % of Fund |
---|---|
iShares S&P/TSX 60 Index Fund | 14.9% |
iShares MSCI EAFE Index Fund | 6.5% |
SPDR S&P 500 ETF | 6.4% |
iShares Core Dividend Growth ETF | 6.1% |
Global X Copper Miners ETF | 3.2% |
iShares S&P/TSX Capped Energy ETF | 2.4% |
Bird Construction Inc. | 0.3% |
Yellow Pages Limited | 0.3% |
FLINT Corp. Series 1 Preferred Share | 0.0% |
FLINT Corp | 0.0% |
Total | 40.1% |
Top 10 Holdings (Fixed Income)
Security | % of Fund | Rating |
---|---|---|
Lysander-Canso Broad Corporate Bond Fund - 811O | 48.6% | NR |
Lysander-Canso Short Term and Floating Rate Fund - 805O | 11.3% | NR |
Total | 59.9% |
Geographic Breakdown
Canada | 75.1% |
USA | 24.9% |
Performance
Inception Date
November 20, 2015
As of Date
July 31, 2023
Compound Returns
1 Month | 3 Months | YTD | 1 Year | 3 Year (Annualized) |
5 Year (Annualized) |
Since Inception (Annualized) |
1.0% | 0.0% | 3.1% | 3.5% | 13.3% | 4.7% | 6.1% |
Calendar Year Returns
Distributions
Distributions
Distribution Frequency | Quarterly |
Most Recent Distribution per Unit | $0.0543 |
12-Month Trailing Distribution Yield | 1.5% |
Next Record Date | September 28, 2023 |
Next Distribution Date | September 29, 2023 |
Quarterly Distributions
Record Date | Distribution Date |
---|---|
March 30, 2023 | March 31, 2023 |
June 29, 2023 | June 30, 2023 |
September 28, 2023 | September 29, 2023 |
December 14, 2023 | December 15, 2023 |
Distributions ($)/Unit2 | YTD* | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
---|---|---|---|---|---|---|---|---|
Total Distributions | 0.1038 | 0.1303 | 0.6383 | 0.1656 | 0.0808 | 1.0336 | 0.4458 | 0.2306 |
Interest | - | 0.0446 | 0.0559 | 0.0391 | 0.0073 | 0.0084 | 0.0087 | 0.0215 |
Dividends | - | 0.0450 | 0.0590 | 0.0445 | 0.0807 | 0.1503 | 0.0830 | 0.0767 |
Capital Gains | - | 0.0409 | 0.5261 | 0.0820 | - | 0.8845 | 0.3582 | 0.1364 |
Withholding Tax | - | (0.0002) | (0.0027) | - | (0.0072) | (0.0097) | (0.0041) | (0.0040) |