Key stats
About LYSANDER-CANSO FLOATING RATE ACTIVE UNIT
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Inception date
Aug 26, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Lysander Funds Ltd.
The fund seeks to provide total returns that primarily consist of interest income. It invests in a diversified portfolio of floating rate debt securities issued by Canadian and foreign governments and corporations. The fund invests at least 75% of its net assets in fixed income securities with a credit rating of BBB or higher. The portfolio tends to concentrate on debt securities with a term-to-maturity of five years or less. Although, it could hold debt securities with a longer term to maturity as long as the weighted average term-to-maturity of all the securities held in the portfolio at the time of purchase is less than five years. The fund may invest in other short-term debt securities and use derivatives such as forwards, options, and swaps for hedging purposes. As an actively managed fund, the adviser has the discretion to make necessary investment decisions to meet its objectives.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate94.58%
Miscellaneous5.42%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LYFR last dividends amounted to 0.02 CAD. The month before, the issuer paid 0.03 CAD in dividends, which shows a 15.45% decrease.
LYFR assets under management is 6.08 M CAD. It's risen 9.05% over the last month.
LYFR fund flows account for 1.52 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LYFR pays dividends to its holders with the dividend yield of 3.90%. The last dividend (Jun 10, 2025) amounted to 0.03 CAD. The dividends are paid monthly.
LYFR shares are issued by Canso Investment Counsel Ltd. under the brand Lysander. The ETF was launched on Aug 26, 2022, and its management style is Active.
LYFR expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
LYFR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LYFR invests in bonds.
LYFR price has risen by 0.20% over the last month, and its yearly performance shows a −0.69% decrease. See more dynamics on LYFR price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.01% over the last month, showed a −0.07% decrease in three-month performance and has decreased by −0.48% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.01% over the last month, showed a −0.07% decrease in three-month performance and has decreased by −0.48% in a year.
LYFR trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.