Lysander-Crusader Equity Income Fund – Series F
- Fund Code: LYZ900F
- Portfolio Manager: Crusader Asset Management
- As of: April 30, 2023
- Asset Class: Equity
- CIFSC Category: Canadian Dividend & Income Equity
- Benchmark: S&P/TSX Composite Total Return Index1
A Canadian equity fund with a concentrated portfolio that focuses on income producing securities.
Why Invest in this Fund?
- Employs quantitative modeling and qualitative assessments in selecting investments.
- Income earning Canadian equity strategy.
- From time to time, may use derivatives to more effectively implement the strategy.
|Inception Date||December 30, 2014|
|Fund AUM||$12.0 Million|
|MER as of December 31, 2022||1.20%|
|Minimum Initial Investment||$500|
|Minimum Subsequent Investment||$100|
Compound Returns – Series F
|1 Month||3 Months||YTD||1 Year||3 Year
Calendar Year Returns – Series F
Top 10 Holdings
|Security||% of Fund|
|CTB 0 12/07/23 Corp||19.8%|
|Bank Of Nova Scotia 2.38% May 1, 2023||8.4%|
|Royal Bank of Canada coupon 3.296 maturing 09/26/23||8.3%|
|TD 2.85% Mar 8, 2024||8.2%|
|Teck Resources Ltd.||5.8%|
|SPX US 06/16/23 C4000 Index||5.1%|
|Martinrea Int’l Inc.||4.7%|
|Birchcliff Energy Ltd.||4.6%|
|Molson Coors Beverage Company||4.3%|
|Russel Metals Inc.||4.3%|
|Number of Securities||24|
|Dividend Yield (%)||3.6%|
- Distribution Frequency: Quarterly
- Most Recent Distribution per Unit: $0.0711
- 12-Month Trailing Distribution Yield: 1.7%
- Next Record Date: June 29, 2023
- Next Distribution Date: June 30, 2023
Lysander Funds Limited is the investment fund manager of Lysander-Crusader Equity Income 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: TSX © Copyright 2023 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.
Toll Free: (877) 308-6979 Website: www.lysanderfunds.com