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

Lysander-Canso Credit Opportunities Fund Series A

Alternative Credit Focus

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023

Click for more information on Fundata’s FundGrade

NAVPS
(04-19-2024)
$11.66
Change
-$0.02 (-0.17%)

As at March 31, 2024

Period
Loading...

Legend

Lysander-Canso Credit Opportunities Fund Series A

Compare Options


Fund Returns

Inception Return (May 11, 2020): 10.37%

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 1.12% 2.19% 4.62% 2.19% 6.47% 4.23% 3.90% - - - - - - -
Benchmark 0.48% -1.28% 6.84% -1.28% 1.93% -0.14% -1.50% -0.83% 0.22% 1.02% 1.12% 1.15% 1.09% 2.01%
Category Average 0.82% 6.16% 6.16% 1.92% 6.88% 3.42% 2.11% 5.50% - - - - - -
Category Rank 28 / 120 65 / 120 93 / 119 65 / 120 73 / 116 37 / 102 13 / 75 - - - - - - -
Quartile Ranking 1 3 4 3 3 2 1 - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.39% 0.13% 0.84% 0.60% -0.06% -0.14% -0.60% 1.58% 1.39% 0.03% 1.02% 1.12%
Benchmark 0.90% -1.62% -0.04% -1.08% -0.19% -2.62% 0.43% 4.21% 3.42% -1.36% -0.40% 0.48%

Best Monthly Return Since Inception

11.90% (November 2020)

Worst Monthly Return Since Inception

-2.92% (September 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 10.76% -0.46% 3.81%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average - - - - - - 7.20% 3.25% -4.07% 7.22%
Quartile Ranking - - - - - - - 1 2 4
Category Rank - - - - - - - 11/ 75 25/ 98 109/ 116

Best Calendar Return (Last 10 years)

10.76% (2021)

Worst Calendar Return (Last 10 years)

-0.46% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Lysander-Canso Credit Opportunities Fund Series A

Median

Other - Alternative Credit Focus

3 Yr Annualized

Standard Deviation 3.51% - -
Beta 0.25% - -
Alpha 0.04% - -
Rsquared 0.23% - -
Sharpe 0.36% - -
Sortino 0.36% - -
Treynor 0.05% - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 - -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.34% 3.51% - -
Beta 0.23% 0.25% - -
Alpha 0.06% 0.04% - -
Rsquared 0.46% 0.23% - -
Sharpe 0.67% 0.36% - -
Sortino 3.26% 0.36% - -
Treynor 0.07% 0.05% - -
Tax Efficiency 80.36% - - -

Fund Details

Start Date May 11, 2020
Instrument Type Mutual Fund (Alternative)
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
LYZ494A

Investment Objectives

The Fund’s objective is to achieve long term capital growth by investing in, or gaining exposure to, a diversified portfolio composed primarily of debt and money market securities. The Fund will use alternative investment strategies such as engaging in short sales and purchasing securities on margin or with borrowed funds. 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 achieve returns through a portfolio that primarily invests in, or has exposure to, corporate bonds of Canadian and foreign issuers. Portfolio investments may include higher risk securities and the Fund may take large portfolio exposures to specific countries, market sectors, market movements or other investment insights.

Portfolio Manager(s)

Name Start Date
Canso Investment Counsel Ltd. 06-22-2020

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 100
SWP Min Withdrawal 500

Fees

MER 1.63%
Management Fee 1.25%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
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.