Lysander-Seamark Total Equity Fund – Series F

  • Fund Code: LYZ912F
  • Portfolio Manager: SEAMARK Asset Management Ltd.
  • As of: March 31, 2025
  • Asset Class: Equity
  • CIFSC Category: Global Equity
  • Benchmark: Lysander-Seamark Total Equity Blended Benchmark1

Investment Focus

Invests in the equity securities of global companies with
sustainable competitive advantages and durable growth
prospects.

Risk Rating

Why Invest in this Fund?

SEAMARK takes a long-term approach to their investment strategy. There is an emphasis on high quality securities with low turnover in the portfolio. This allows the Fund to make and hold SEAMARK’s convictions through the economic cycle. SEAMARK builds high quality portfolios drawing on a combined 115 years of experience of the portfolio managers in the industry.

  • Investment decisions are made with a focus on preserving, then enhancing, capital.
  • Equities are selected using bottom-up, fundamental approach of identifying companies with long-term investment merit based on SEAMARK’s assessment of the issuer’s strength of management, competitive position and strong balance sheets, with preference being given to companies with durable growth prospects.
  • Team-based approach to research and investment execution with appropriate valuations.

Fund Facts

Inception Date December 30, 2014
Currency CAD
Fund AUM $3.1 Million
NAVPU $15.03
Management Fee 1.00%
MER as of December 31, 2024 1.40%
Minimum Initial Investment $500
Minimum Subsequent Investment $100
Liquidity Daily
RSP Eligible Yes

Compound Returns – Series F

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 10 Year
(Annualized)		 Since Inception
(Annualized)
-2.4% -0.6% -0.6% 7.6% 6.2% 15.0% 7.1% 7.1%

Calendar Year Returns – Series F

Lysander Funds Limited
Lysander-Seamark Total Equity Fund – Series F

Top 10 Holdings

Security % of Fund
US Dollar 3.4%
NFL TBilll 10 APR 2025 3.3%
Kla-Tencor Corp. 2.7%
Manulife Financial Corp. 2.6%
Royal Bank of Canada 2.4%
Apple Inc. 2.3%
NEWF TBilll 12 June 2025 2.3%
IA Financial Corporation 2.2%
Alphabet Inc-CL C 2.2%
Toronto Dominion Bank 2.1%
Total 25.5%

Portfolio Characteristics

Number of Securities 81
Dividend Yield (%) 2.7%

Geographic Breakdown

Canada 44.2%
USA 42.6%
Australia 0.9%
Germany 1.6%
Ireland 1.4%
Netherlands 1.0%
Switzerland 1.2%
United Kingdom 3.0%
Other 4.1%

Distributions

  • Distribution Frequency: Annually
  • Most Recent Distribution per Unit: $0.5666
  • 12-Month Trailing Distribution Yield: 3.8%
  • Next Record Date: December 30, 2025
  • Next Distribution Date: December 31, 2025
Distributions ($)/Unit2 YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total Distributions 0.0000 0.5666 0.4783 0.8880 1.0324 0.1715 0.1918 0.1816 0.1619 0.1835 0.1218
Interest – 0.0000 – 0.0218 – – – – – 0.0182 –
Dividends – 0.1507 0.1578 0.1631 0.1662 0.1715 0.1918 0.1816 0.1619 0.0945 0.0857
Capital Gains – 0.4159 0.3205 0.7031 0.8662 – – – – 0.0708 0.0450
Withholding Tax – 0.0000 – – – – – – – – (0.0089)
*The final tax character will be determined based on the Fund’s tax year end information.
Lysander Funds Limited
Lysander-Seamark Total Equity Fund – Series F

Lysander Funds Limited is the investment fund manager of Lysander-Seamark Total Equity 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.

115% MSCI EAFE Composite (CAD); 35% S&P 500 Total Return Index (CAD); 50% S&P/TSX Composite Total Return Index. 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). TSX © Copyright 2025 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.

Lysander Funds Ltd., 3080 Yonge St., Suite 4000, Toronto, ON, M4N 3N1
Toll Free: (877) 308-6979 Website: www.lysanderfunds.com
Lysander Funds Limited