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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
(07-24-2025)
$12.36
Change
$0.02 (0.14%)

As at June 30, 2025

Period
Created with Highcharts 10.3.3Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$10,000$12,000$14,000$16,000$18,000$10,500$11,000$11,500$12,500Period

Legend

Lysander-Canso Credit Opportunities Fund Series A

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Fund Returns

Inception Return (May 11, 2020): 9.52%

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 0.80% 3.23% 2.24% 2.24% 7.74% 6.86% 7.21% 4.30% 7.76% - - - - -
Benchmark 0.04% -0.65% 1.32% 1.32% 5.82% 4.77% 4.10% 0.07% -0.47% 0.86% 1.77% 1.66% 1.46% 1.83%
Category Average 0.93% 1.38% 2.39% 2.39% 7.05% 7.36% 6.41% 3.20% 4.56% 4.15% - - - -
Category Rank 77 / 137 3 / 137 74 / 135 74 / 135 37 / 124 59 / 110 25 / 94 19 / 75 3 / 63 - - - - -
Quartile Ranking 3 1 3 3 2 3 2 2 1 - - - - -

Monthly Return

Created with Highcharts 10.3.3-3%-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.26% 0.29% 1.70% 0.27% 1.91% -0.16% 0.97% 0.03% -1.93% 0.45% 1.95% 0.80%
Benchmark 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04%

Best Monthly Return Since Inception

11.90% (November 2020)

Worst Monthly Return Since Inception

-2.92% (September 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 10.76% -0.46% 3.81% 8.66%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average - - - - - 7.20% 3.25% -4.07% 7.22% 7.97%
Quartile Ranking - - - - - - 1 2 4 2
Category Rank - - - - - - 11/ 67 23/ 90 103/ 108 44/ 114

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return0123456789100%2%4%6%8%10%12%14%

Lysander-Canso Credit Opportunities Fund Series A

Median

Other - Alternative Credit Focus

3 Yr Annualized

Standard Deviation 3.10% 6.42% -
Beta 0.15% 0.28% -
Alpha 0.06% 0.08% -
Rsquared 0.09% 0.07% -
Sharpe 0.98% 0.81% -
Sortino 2.57% 1.81% -
Treynor 0.20% 0.19% -
Tax Efficiency 72.38% - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 3 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 3.74% 3.10% 6.42% -
Beta 0.53% 0.15% 0.28% -
Alpha 0.05% 0.06% 0.08% -
Rsquared 0.27% 0.09% 0.07% -
Sharpe 1.12% 0.98% 0.81% -
Sortino 2.04% 2.57% 1.81% -
Treynor 0.08% 0.20% 0.19% -
Tax Efficiency 82.73% 72.38% - -

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 Management

Portfolio Manager

Canso Investment Counsel Ltd.

  • Jeff Carter
  • Jason Bell
  • Jason Davis
  • John Laing
  • Faye Lee
  • Jenny Meto
  • Vivek Verma
Sub-Advisor

-

Management and Organization

Fund Manager

Lysander Funds Limited

Custodian

CIBC Mellon Trust Company

Registrar

Convexus Managed Services Inc.

Distributor

PBY Capital Limited

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 2.26%
Management Fee 1.25%
Load Back 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) -

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