LYZ531 A
Lysander-Triasima
All Country Long/Short Equity Fund
Series A

Series

  • Asset Class
    Equity
  • Category
    Alternative Equity Focused
  • Risk Rating
    Low to Medium
  • Number of Securities
    28

NAV

  • CDN $ NAV
    10.23
  • Change NAV $
    -0.17
  • Change NAV %
    -1.63
  • Date
    2020-08-11

Objectives

The Fund’s objective is to seek to provide long-term returns that are not correlated to major stock market indices by investing in, or gaining exposure to, primarily equity securities anywhere in the world.  The Fund will use alternative investment strategies such as engaging in short sales and purchasing securities on margin or with borrowed funds.

Investment Focus

Invests in equity securities of companies having a broad range of capitalizations from anywhere in the world both long and short. Long positions can be leveraged up to 150% of fund Net Asset Value.

Fund Facts

Series Inception Date May 11, 2020
Currency CAD
NAVPU $10.19
Management Fee 1.90%
Performance Fee 20%
MER N/A
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Liquidity Daily
RRSP Eligible Yes
Fund AUM $386.9 Thousand
Total Long AUM $522.7 Thousand
Total Short AUM -$135.8 Thousand

Portfolio Characteristics

Number of Securities Long 28
Number of Securities Short 13
Dividend Yield 0.3%

The NAVs posted are post-distribution.

Top 10 Holdings

June 30, 2020
Security % of fund
Canadian Dollar 34.0%
US Dollar 28.3%
Ballard Power Systems Inc. 4.1%
Trisura Group Ltd. 3.3%
JD.com Inc. 3.2%
Netease Inc. 3.0%
Sea Ltd. 3.0%
Ringcentral Inc. 3.0%
Freshpet Inc. 3.0%
Real Matters Inc. 2.9%
Total 87.8%

Geographic Breakdown

Performance data is not available as Series A has not been offered under a prospectus for 12 consecutive months.

Distributions

Distribution Frequency: Annual
Most Recent Distribution per Unit: $0.0000
12-Month Trailing Distribution Yield: 0.0%
Next Record Date: December 30, 2020
Next Distribution Date: December 31, 2020
Distributions ($)/Unit2 YTD*
Total Distributions 0.0000
Interest  
Dividends  
Capital Gains  
Withholding Tax  

*The final tax character will be determined based on the Fund’s tax year end information

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Lysander Funds Limited is the investment fund manager of Lysander-Triasima  All Country Long/Short Equity Fund (the “Fund”). This document is not an invitation to invest in the Fund and does not constitute a public offering of sale. This Fund is an alternative mutual fund. It has the ability to invest in asset classes or use investment strategies that are not permitted for other types of mutual funds. The specific strategies that differentiate this Fund from other types of mutual funds include: increased use of derivatives for non-hedging purposes; increased ability to sell securities short; and the ability to borrow cash to use for investment purposes. While these strategies will be used in accordance with the Fund’s investment objectives and strategies, during certain market conditions they may accelerate the pace at which your investment decreases in value. 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. 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. 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.