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Lysander-Canso Balanced Fund Series A

Global Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

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NAVPS
(11-01-2024)
$21.29
Change
$0.11 (0.54%)

As at September 30, 2024

As at September 30, 2024

Period
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Legend

Lysander-Canso Balanced Fund Series A

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Fund Returns

Inception Return (December 28, 2011): 9.95%

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 2.37% 3.80% 5.50% 10.54% 16.79% 15.01% 7.48% 18.28% 13.72% 9.13% 8.83% 9.91% 8.45% 7.29%
Benchmark 2.38% 5.49% 8.30% 16.70% 26.09% 20.00% 7.19% 8.92% 9.21% 8.58% 8.90% 8.79% 8.91% 9.34%
Category Average 1.98% 5.35% 6.76% 13.75% 22.14% 15.82% 5.23% 7.69% 7.11% 6.39% 6.27% 6.30% 6.43% 6.12%
Category Rank 256 / 1,379 1,253 / 1,378 1,196 / 1,369 1,281 / 1,368 1,254 / 1,327 832 / 1,285 174 / 1,183 2 / 1,099 3 / 1,066 54 / 940 78 / 877 19 / 809 98 / 706 202 / 582
Quartile Ranking 1 4 4 4 4 3 1 1 1 1 1 1 1 2

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.58% 3.71% 2.47% -0.58% 2.18% 3.15% -1.38% 2.22% 0.83% 2.11% -0.69% 2.37%
Benchmark -0.20% 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36% 2.01% 3.06% -0.02% 2.38%

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 9/ 541 610/ 614 423/ 715 101/ 810 884/ 889 512/ 978 703/ 1,072 2/ 1,121 7/ 1,235 984/ 1,285

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 40.31
Canadian Equity 18.57
Canadian Corporate Bonds 12.08
US Equity 11.70
International Equity 6.21
Other 11.13

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 60.16
Financial Services 7.12
Industrial Goods 4.56
Telecommunications 4.23
Consumer Services 4.11
Other 19.82

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.78
Europe 6.21
Other 0.01

Top Holdings

Top Holdings
Name Percent
Canada Government 0.25% 01-Mar-2026 19.06
Canada Government 0.50% 01-Dec-2030 10.68
Canada Government 0.50% 01-Sep-2025 7.74
Scotia Capital Inc. NHA MBS (97528147) 3.70% 15-Mar-2029 3.90
Canadian Dollar 3.12
Canada Government 4.00% 01-Dec-2031 2.48
Manulife Financial Corp 2.41
Bird Construction Inc 2.15
UniCredit SpA 2.10
Spirit AeroSystems Holdings Inc Cl A 1.73

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 8.26% 14.96% 13.13%
Beta 0.65% 1.04% 0.86%
Alpha 0.03% 0.04% 0.00%
Rsquared 0.69% 0.50% 0.37%
Sharpe 0.51% 0.79% 0.49%
Sortino 0.83% 1.08% 0.52%
Treynor 0.06% 0.11% 0.07%
Tax Efficiency 61.35% 85.78% 78.02%
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 5.95% 8.26% 14.96% 13.13%
Beta 0.75% 0.65% 1.04% 0.86%
Alpha -0.02% 0.03% 0.04% 0.00%
Rsquared 0.77% 0.69% 0.50% 0.37%
Sharpe 1.86% 0.51% 0.79% 0.49%
Sortino 5.75% 0.83% 1.08% 0.52%
Treynor 0.15% 0.06% 0.11% 0.07%
Tax Efficiency 98.18% 61.35% 85.78% 78.02%

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 1.78%
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) -

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