Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Lysander-Canso All Country Long/Short Equity Fund Series A
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-08-2026) |
$15.97 |
|---|---|
| Change |
-$0.21
(-1.27%)
|
As at May 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (May 11, 2020): 7.42%
| 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 | 2.06% | 1.46% | 6.71% | 5.37% | 13.70% | 11.10% | 12.64% | 6.39% | 6.85% | 7.72% | - | - | - | - |
| Benchmark | 2.52% | 1.83% | 12.07% | 10.61% | 36.06% | 28.34% | 24.64% | 17.23% | 15.30% | 18.20% | 15.06% | 13.48% | 12.83% | 12.77% |
| Category Average | 2.82% | 4.37% | 9.17% | 9.21% | 23.49% | 15.75% | 16.26% | 11.26% | 9.16% | 11.53% | 9.52% | - | - | - |
| Category Rank | 144 / 260 | 155 / 257 | 134 / 244 | 167 / 246 | 140 / 218 | 99 / 167 | 74 / 126 | 85 / 117 | 50 / 88 | 37 / 46 | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.81% | 1.47% | 2.96% | -1.28% | -0.85% | 3.36% | 1.27% | 1.53% | 2.29% | -3.82% | 3.36% | 2.06% |
| Benchmark | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% |
Best Monthly Return Since Inception
10.29% (January 2024)
Worst Monthly Return Since Inception
-9.00% (January 2023)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 14.14% | -10.04% | -5.44% | 27.58% | 9.31% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | - | 3 | 3 | 4 | 2 | 3 |
| Category Rank | - | - | - | - | - | 52/ 81 | 67/ 105 | 114/ 121 | 39/ 142 | 113/ 194 |
Best Calendar Return (Last 10 years)
27.58% (2024)
Worst Calendar Return (Last 10 years)
-10.04% (2022)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Lysander-Canso All Country Long/Short Equity Fund Series A
Median
Other - Alternative Equity Focus
3 Yr Annualized
| Standard Deviation | 9.15% | 10.15% | - |
|---|---|---|---|
| Beta | 0.31 | 0.19 | - |
| Alpha | 0.05 | 0.04 | - |
| Rsquared | 0.13% | 0.05% | - |
| Sharpe | 0.96 | 0.42 | - |
| Sortino | 2.08 | 0.60 | - |
| Treynor | 0.29 | 0.23 | - |
| Tax Efficiency | 99.86% | 99.85% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.39% | 9.15% | 10.15% | - |
| Beta | 0.46 | 0.31 | 0.19 | - |
| Alpha | -0.01 | 0.05 | 0.04 | - |
| Rsquared | 0.41% | 0.13% | 0.05% | - |
| Sharpe | 1.46 | 0.96 | 0.42 | - |
| Sortino | 2.27 | 2.08 | 0.60 | - |
| Treynor | 0.24 | 0.29 | 0.23 | - |
| Tax Efficiency | 100.00% | 99.86% | 99.85% | - |
Fund Details
| Start Date | May 11, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| LYZ531A |
Investment Objectives
The Fund’s objective is to seek to provide long-term returns that are not correlated to major stock market indices by investing in, or gaining exposure to, primarily equity securities anywhere in the world. 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 long and short exposure to a diversified portfolio comprised primarily of equity securities which involves simultaneously investing in equity securities (investing long) that the portfolio manager expects to increase in value and selling equity securities (investing short) that the portfolio manager expects to decrease in value relative to their comparables and/or where the portfolio manager expects these positions will reduce portfolio risk.
Portfolio Management
| Portfolio Manager |
Canso Investment Counsel Ltd.
|
|---|---|
| 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 | 500 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 2.40% |
|---|---|
| Management Fee | 1.90% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
