Join Fund Library now and get free access to personalized features to help you manage your investments.

Lysander-Canso Balanced Fund Series A

Global Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

Click for more information on Fundata’s FundGrade

NAVPS
(05-16-2024)
$20.17
Change
$0.03 (0.15%)

As at April 30, 2024

As at March 31, 2024

Period
Loading...

Legend

Lysander-Canso Balanced Fund Series A

Compare Options


Fund Returns

Inception Return (December 28, 2011): 9.71%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -1.38% 3.94% 9.81% 3.33% 8.38% 7.50% 8.63% 18.04% 11.38% 8.02% 8.59% 9.32% 6.54% 6.97%
Benchmark -1.69% 4.83% 14.69% 5.94% 13.39% 10.26% 5.25% 8.59% 7.10% 7.38% 7.04% 8.68% 7.83% 8.60%
Category Average -1.93% 13.42% 13.42% 4.49% 9.56% 6.61% 3.35% 7.70% 5.33% 5.29% 4.93% 5.96% 4.97% 5.41%
Category Rank 261 / 1,364 533 / 1,363 1,298 / 1,356 1,161 / 1,363 896 / 1,294 478 / 1,268 27 / 1,122 2 / 1,065 3 / 1,041 62 / 903 23 / 818 33 / 774 172 / 625 164 / 552
Quartile Ranking 1 2 4 4 3 2 1 1 1 1 1 1 2 2

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.76% 1.81% 1.84% -0.58% -1.95% -0.58% 3.71% 2.47% -0.58% 2.18% 3.15% -1.38%
Benchmark -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30% -1.69%

Best Monthly Return Since Inception

15.32% (November 2020)

Worst Monthly Return Since Inception

-18.88% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 15.99% -6.91% 4.28% 13.23% -11.84% 15.38% 6.99% 32.59% -0.18% 9.53%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking 1 4 3 1 4 3 3 1 1 4
Category Rank 7/ 538 607/ 611 427/ 712 96/ 805 880/ 885 507/ 969 696/ 1,063 2/ 1,111 7/ 1,229 976/ 1,280

Best Calendar Return (Last 10 years)

32.59% (2021)

Worst Calendar Return (Last 10 years)

-11.84% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 42.51
Canadian Equity 19.21
US Equity 14.37
Canadian Corporate Bonds 8.46
Canadian Bonds - Other 6.64
Other 8.81

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 59.04
Financial Services 7.44
Industrial Goods 5.91
Technology 5.42
Energy 4.28
Other 17.91

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.82
Europe 6.16
Other 0.02

Top Holdings

Top Holdings
Name Percent
Canada Government 0.50% 01-Sep-2025 21.24
Canada Government 0.25% 01-Mar-2026 16.48
Scotia Capital Inc. NHA MBS (97528147) 3.70% 15-Mar-2029 4.96
Canada Government 4.00% 01-Dec-2031 3.06
Manulife Financial Corp 2.61
Spirit AeroSystems Holdings Inc Cl A 2.46
UniCredit SpA 2.32
Bird Construction Inc 2.13
Intel Corp 2.09
SNC-Lavalin Group Inc 2.00

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Average Duration: S. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Lysander-Canso Balanced Fund Series A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 8.56% 15.29% 13.10%
Beta 0.60% 1.06% 0.86%
Alpha 0.05% 0.04% 0.00%
Rsquared 0.57% 0.51% 0.37%
Sharpe 0.69% 0.66% 0.47%
Sortino 1.02% 0.86% 0.49%
Treynor 0.10% 0.09% 0.07%
Tax Efficiency 66.92% 83.07% 76.73%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.03% 8.56% 15.29% 13.10%
Beta 0.69% 0.60% 1.06% 0.86%
Alpha -0.01% 0.05% 0.04% 0.00%
Rsquared 0.81% 0.57% 0.51% 0.37%
Sharpe 0.50% 0.69% 0.66% 0.47%
Sortino 1.44% 1.02% 0.86% 0.49%
Treynor 0.05% 0.10% 0.09% 0.07%
Tax Efficiency 95.74% 66.92% 83.07% 76.73%

Fund Details

Start Date December 28, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
LYZ800A

Investment Objectives

The Fund’s objective is to provide above average, long-term total returns consisting of both income and capital gains by investing primarily in a portfolio of fixed income securities and equities. The investment objective of the Fund can only be changed with the approval of a majority of the Unitholders at a meeting called for such purpose.

Investment Strategy

The Fund seeks to provide capital growth while moderating the volatility of equities by investing primarily in a diversified portfolio of both equities and bonds. The Fund is seeking to deliver long-term returns that are better than the average of other similar funds offered by other managers over the same time period. To determine this, we will look at the average return of other balanced funds using a commercially-available, widely-used service that provides this information.

Portfolio Manager(s)

Name Start Date
Canso Investment Counsel Ltd. 08-03-2021

Management and Organization

Fund Manager Lysander Funds Limited
Advisor Canso Investment Counsel Ltd.
Custodian CIBC Mellon Trust Company
Registrar Convexus Managed Services Inc.
Distributor PBY Capital Limited
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.81%
Management Fee 1.50%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.