PR Lysander Slater Preferred Share ActivETF

TORONTO, Jan. 6, 2017 /CNW/ - Lysander Funds Limited ("Lysander") announces the confirmation of the December 2016 cash distributions for the Lysander-Slater Preferred Share ActivETF (TSX Symbol: PR).

Unitholders of record at close of business on December 30, 2016 will receive a cash distribution of $0.034 per unit, payable on or before January 16, 2017.

See the Prospectus for more details on the Lysander-Slater Preferred Share ActivETF ("ETF").  This document is not an invitation to invest in the ETF, nor does it constitute a public offering of sale. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments.  ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the ETF on the Toronto Stock Exchange ("TSX"). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.

SOURCE Lysander Funds Limited