LYZ810A

Lysander
TDV Fund
Series A

Series
Key Documents
Fund Profile
Fund Facts
Prospectus
Lysander Funds Ltd.

Overview

  • Asset Class
    Balanced
  • Risk Rating
    Medium
  • Number of Securities
    15

NAV

  • CAD $ NAV
    13.14
  • Change NAV $
    0.03
  • Change NAV %
    0.23
  • Date
    2024-10-04

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

August 31, 2024
Inception Date November 20, 2015
Currency CAD
Fund AUM $32.0 Million
NAVPU $13.02
Management Fee 1.50%
MER as of June 30, 2024 (unaudited) 1.82%
Minimum Initial Investment $500
Minimum Subsequent Investment $100
Liquidity Daily
RSP Eligible Yes
▲ The NAVs posted are post-distribution

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 14.1%
SPDR S&P 500 ETF 6.8%
iShares MSCI EAFE Index Fund 6.2%
iShares Core Dividend Growth ETF 6.1%
Global X Copper Miners ETF 2.8%
iShares S&P/TSX Capped Energy ETF 2.3%
Bird Construction Inc. 0.7%
Yellow Pages Limited 0.2%
Total 39.2%

Top 10 Holdings (Fixed Income)

Security % of Fund Rating
Lysander-Canso Broad Corporate Bond Fund - 811O 50.9% Not Rated
Lysander-Canso Short Term and Floating Rate Fund - 805O 9.8% Not Rated
Total 60.7%

Geographic Breakdown

Canada 75.8%
USA 24.2%

Performance

Inception Date

November 20, 2015

As of Date

August 31, 2024

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 Since Inception
(Annualized)
0.0% 2.6% 7.2% 10.9% 3.1% 10.4% 6.5%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency Quarterly
Most Recent Distribution per Unit $0.1069
12-Month Trailing Distribution Yield 2.0%
Next Record Date September 19, 2024
Next Distribution Date September 20, 2024

Quarterly Distributions

Record Date Distribution Date
March 21, 2024 March 22, 2024
June 20, 2024 June 21, 2024
September 19, 2024 September 20, 2024
December 30, 2024 December 31, 2024
Lysander Funds 2023 Final Distribution December 31, 2023
Distributions ($)/Unit2 YTD* 2023 2022 2021 2020 2019 2018 2017 2016
Total Distributions 0.1516 0.2091 0.1303 0.6383 0.1656 0.0808 1.0336 0.4458 0.2306
Interest - 0.1284 0.0446 0.0559 0.0391 0.0073 0.0084 0.0087 0.0215
Dividends - 0.0864 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 - (0.0058) (0.0002) (0.0027) - (0.0072) (0.0097) (0.0041) (0.0040)
*The final tax character will be determined based on the Fund’s tax year end information.

Resources

Lysander Funds Limited is the investment fund manager of Lysander TDV 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. Please read the prospectus before investing. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds.

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

1Copyright © 2024 FTSE Global Debt Capital Markets Inc. All rights reserved. FTSE Global Debt Capital Markets Inc (“FTDCM”), FTSE International Limited (“FTSE”) or the London Stock Exchange Group companies (the “Exchange” and, together with FTDCM and FTSE, the “Licensor Parties”). The Licensor Parties make no warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Canada Indices (“the Indices”) and/or the figure at which the said Indices stand at any particular time on any particular day or otherwise. The Indices are compiled and calculated by FTDCM and all copyright in the Indices values and constituent lists vests in FTDCM. The Licensor Parties shall not be liable (whether in negligence or otherwise) to any person for any error in the Indices and the Licensor Parties shall not be under any obligation to advise any person of any error therein. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTDCM under licence. “FTSE®” is a trade mark of the FTSE International Limited and is used by FTDCM under license. Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com).

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.