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-Slater Preferred Share Dividend Fund - Series A
Preferred Sh Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$9.59 |
|---|---|
| Change |
$0.01
(0.11%)
|
As at April 30, 2026
As at February 28, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (December 31, 2014): 3.52%
| 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 | 1.08% | 0.96% | 1.97% | 1.38% | 11.41% | 10.51% | 12.68% | 7.12% | 5.39% | 10.84% | 6.03% | 3.98% | 4.06% | 5.38% |
| Benchmark | 2.51% | 2.47% | 4.37% | 2.87% | 20.10% | 15.82% | 15.41% | 9.26% | 6.77% | 11.11% | 7.61% | 5.78% | 5.70% | 6.90% |
| Category Average | 2.25% | 2.06% | 4.19% | 2.74% | 17.66% | 13.76% | 14.01% | 8.38% | 6.09% | 10.55% | 7.09% | 5.38% | 5.18% | 6.50% |
| Category Rank | 63 / 67 | 57 / 67 | 58 / 67 | 58 / 67 | 58 / 67 | 54 / 64 | 52 / 64 | 53 / 64 | 53 / 64 | 44 / 59 | 46 / 58 | 42 / 50 | 39 / 48 | 34 / 35 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.54% | 1.84% | 1.99% | 0.42% | 0.83% | 1.31% | -0.09% | 0.68% | 0.41% | 0.77% | -0.88% | 1.08% |
| Benchmark | 5.05% | 2.77% | 3.19% | 0.22% | 0.80% | 2.24% | -0.08% | 1.55% | 0.39% | 0.89% | -0.92% | 2.51% |
Best Monthly Return Since Inception
10.64% (April 2020)
Worst Monthly Return Since Inception
-22.56% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.62% | 11.56% | -11.21% | 1.42% | -1.26% | 27.78% | -18.91% | 7.69% | 23.11% | 9.42% |
| Benchmark | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% | 24.70% | 16.03% |
| Category Average | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% | 21.47% | 13.42% |
| Quartile Ranking | 3 | 4 | 4 | 3 | 4 | 1 | 3 | 1 | 3 | 4 |
| Category Rank | 22/ 31 | 31/ 37 | 47/ 50 | 40/ 54 | 57/ 59 | 11/ 64 | 48/ 64 | 16/ 64 | 44/ 64 | 56/ 67 |
Best Calendar Return (Last 10 years)
27.78% (2021)
Worst Calendar Return (Last 10 years)
-18.91% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 48.27 |
| Canadian Corporate Bonds | 40.96 |
| Canadian Government Bonds | 6.65 |
| Foreign Government Bonds | 2.08 |
| Cash and Equivalents | 1.52 |
| Other | 0.52 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 50.20 |
| Financial Services | 18.56 |
| Energy | 16.79 |
| Utilities | 5.77 |
| Telecommunications | 1.95 |
| Other | 6.73 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank 7.41% 25-Jan-2029 | 6.82 |
| CANADIAN IMPERIAL BANK 7.34% 12-Apr-2029 | 6.77 |
| Bank of Montreal 7.057 Perp, Series 52 7.06% 26-Nov-2080 | 6.60 |
| TD Bank 7.23% 31-Oct-2070 | 5.67 |
| Great-West Lifeco Inc 3.60% 30-Nov-2026 | 4.39 |
| IAG F/F 6.435/30 DEC31/24 6.44% 30-Dec-2031 | 4.29 |
| Canada Government 1.25% 01-Jun-2030 | 4.08 |
| Canada Government 1.50% 01-Jun-2031 | 2.57 |
| TC Energy Corp - Pfd Sr 7 | 2.46 |
| RY 6.698 Perp 6.70% 24-Nov-2029 | 2.44 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Lysander-Slater Preferred Share Dividend Fund - Series A
Median
Other - Preferred Sh Fixed Income
3 Yr Annualized
| Standard Deviation | 7.04% | 9.27% | 12.25% |
|---|---|---|---|
| Beta | 0.76 | 0.88 | 1.01 |
| Alpha | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.94% | 0.95% | 0.95% |
| Sharpe | 1.22 | 0.30 | 0.34 |
| Sortino | 2.85 | 0.43 | 0.32 |
| Treynor | 0.11 | 0.03 | 0.04 |
| Tax Efficiency | 84.40% | 68.98% | 69.15% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.25% | 7.04% | 9.27% | 12.25% |
| Beta | 0.54 | 0.76 | 0.88 | 1.01 |
| Alpha | 0.01 | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.92% | 0.94% | 0.95% | 0.95% |
| Sharpe | 2.62 | 1.22 | 0.30 | 0.34 |
| Sortino | 6.70 | 2.85 | 0.43 | 0.32 |
| Treynor | 0.16 | 0.11 | 0.03 | 0.04 |
| Tax Efficiency | 82.99% | 84.40% | 68.98% | 69.15% |
Fund Details
| Start Date | December 31, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| LYZ920A |
Investment Objectives
The Fund’s objective is to seek to generate income while preserving investor capital by investing primarily in preferred securities of Canadian issuers that are listed on a Canadian stock exchange. 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
In order to achieve its investment objective, the Fund invests primarily in preferred shares of Canadian issuers listed in Canada, using fundamental and credit research. The Fund may also invest in other income-generating securities. The Fund is actively managed and seeks to invest in mispriced securities (as determined by the portfolio manager) within the preferred share market in order to achieve additional income and/or capital appreciation.
Portfolio Management
| Portfolio Manager |
Slater Asset Management Inc.
|
|---|---|
| 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 | 5,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.52% |
|---|---|
| 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) | - |
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
