LYZ810 A
Lysander
TDV Fund
Series A
  • Asset Class
    Balanced
  • Category
    ---
  • Risk Rating
    Low to Medium
  • Number of Securities
    1
  • Yield to Maturity (%)
    -
  • Current Yield
    -
  • Average Duration
    - Years
  • Average Credit Quality
    -

NAV

  • CAD $ NAV
    13.01
  • Change NAV $
    -0.12
  • Change NAV %
    -0.91
  • Date
    2021-11-26

Objectives

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

September 30, 2021
Inception Date November 20, 2015
Currency CAD
Fund AUM $27.4 Million
NAVPU $12.83
Management Fee 1.50%
MER as of June 30, 2021 (unaudited) 2.00%
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes

Portfolio Characteristics - Equity

Dividend Yield 0.1%

Portfolio Characteristics - Fixed Income

Number of Securities 1
Number of Issuers 1
Average Term to Maturity (Years) -
Average Duration (Years) -
Average Coupon (%) -
Yield to Maturity (%) -
Current Yield (%) -
Average Credit Quality -

Credit Quality Breakdown

The NAVs posted are post-distribution.

Top 10 Holdings - Equity

September 30, 2021
Security % of fund
IShares S&P/TSX 60 Index Fund 11.1%
SPDR S&P 500 ETF 9.3%
IShares MSCI EAFE Index Fund 5.3%
Vanguard Emerging Markets ETF 4.6%
iShares Core Dividend Growth ETF 4.5%
iShares S&P/TSX Capped Energy E.T.F. 2.7%
INVESCO QQQ TRUST SERIES 1 1.6%
Canadian Dollar 0.8%
Yellow Pages Limited 0.5%
Bird Construction Inc. 0.4%
Total 40.7%

Top 10 Holdings - Fixed Income

September 30, 2021
Security % of fund Rating
Lysander-Canso Broad Corporate Bond Fund - 811O 40.0% NR
Total 40.0%

Geographic Breakdown

Inception Date

November 20, 2015

As of Date

September 30, 2021

Compound Returns

  • 1 Month
    -1.2%
  • 3 Months
    0.6%
  • YTD
    18.4%
  • 1 Year
    43.8%
  • 3 Year
    (Annualized)
    8.9%
  • 5 Year
    (Annualized)
    9.7%
  • Since Inception
    (Annualized)
    8.0%

Calendar Year Returns

Distributions

Distribution Frequency: Quarterly
Most Recent Distribution per Unit: $0.0108
12-Month Trailing Distribution Yield: 1.2%
Next Record Date: December 16, 2021
Next Distribution Date: December 17, 2021

Quarterly Distributions

Record Date Distribution Date
March 25, 2021 March 26, 2021
June 24, 2021 June 25, 2021
September 23, 2021 September 24, 2021
December 30, 2021 December 31, 2021
Distributions ($)/Unit3 YTD* 2020 2019 2018 2017 2016
Total Distributions 0.0238 0.1656 0.0808 1.0336 0.4458 0.2306
Interest 0.0391 0.0073 0.0084 0.0087 0.0215
Dividends 0.0445 0.0807 0.1503 0.0830 0.0767
Capital Gains 0.0820 0.8845 0.3582 0.1364
Withholding Tax 0.0000 (0.0072) (0.0097) (0.0041) (0.0040)

*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 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. 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. 1Source: FTSE Canada Global Debt Capital Markets. Copyright © FTSE Canada Global Debt Capital Markets. All rights reserved. Copyright © 2020 MSCI Inc. All rights reserved. 2Fixed income securities unrated by external agencies are assigned an internal Canso rating for Average Credit Quality. 3Distributions 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.