TORONTO, Feb. 2, 2024
/CNW/ - Lysander Funds Limited ("Lysander") was recognized at
the 2023 FundGrade A+® Awards in Toronto with five award winning funds.
The Portfolio Managers for these funds are Canso Investment
Counsel Ltd. ("Canso") and Fulcra Asset Management Inc.
("Fulcra").
"Lysander is honoured to be recognized for our achievements at
the 2023 FundGrade A+® Awards," said Richard Usher-Jones, President of Lysander. "Our
team and Portfolio Managers will continue to work hard to provide
investment results for the advisors and their clients who have
placed their trust in us."
The annual FundGrade A+® Awards recognizes investment funds and
their managers who have shown consistent, outstanding,
risk-adjusted performance through the year.
The following Lysander Funds received the FundGrade A+®
Award:
Lysander-Canso Corporate Value Bond Fund
Lysander-Canso Short Term and Floating Rate Fund
Lysander-Canso Balanced Fund
Lysander-Fulcra Corporate Securities Fund
Lysander-Canso Credit Opportunities Fund
For more information, please visit
https://www.lysanderfunds.com/awards/
Find out more at https://www.fundata.com/
About Lysander Funds
Limited
Lysander is an independently owned investment fund manager
partnered with experienced and independent Portfolio Managers to
offer focused investment strategies for Canadian investors.
Our goal at Lysander is to increase the wealth of all Canadians
and to empower advisors and investors with insights and expertise
to make wise investment decisions.
Lysander-Canso Corporate Value Bond Fund was awarded the 2023
Fundata FundGrade A+® Award in the Global Corporate Fixed Income
Category, out of 51 funds. The FundGrade start date was
1/31/2014 and FundGrade end date was
12/31/2023. Performance for the fund (Series A) for the period
ended December 31, 2023 was 7.5% (1
year), 3.9% (3 years), 7.3% (5 years) and 5.5% (10 years).
Lysander-Canso Short Term and Floating Rate Fund was awarded the
2023 Fundata FundGrade A+® Award in the Canadian Short Term Fixed
Income Category, out of 161 funds. The FundGrade start date was
1/31/2014 and FundGrade end date was
12/31/2023. Performance for the fund (Series A) for the period
ended December 31, 2023 was 6.5% (1
year), 1.0% (3 years), 2.3% (5 years) and 1.9% (10 years).
Lysander-Canso Balanced Fund was awarded the 2023 Fundata
FundGrade A+® Award in the Global Equity Balanced Category, out of
704 funds. The FundGrade start date was 1/31/2014 and FundGrade end date was 12/31/2023.
Performance for the fund (Series A) for the period ended
December 31, 2023 was 9.5% (1 year),
13.2% (3 years), 12.3% (5 years) and 7.2% (10 years).
Lysander-Fulcra Corporate Securities Fund was awarded the 2023
Fundata FundGrade A+® Award in the High Yield Fixed Income
Category, out of 161 funds. The FundGrade start date was
1/31/2017 and FundGrade end date was
12/31/2023. Performance for the fund (Series A) for the period
ended December 31, 2023 was 8.3% (1
year), 5.4% (3 years), 5.2% (5 years) and 4.8% (since inception -
December 30, 2016).
Lysander-Canso Credit Opportunities Fund was awarded the 2023
Fundata FundGrade A+® Award in the Alternative Credit Focused
Category, out of 47 funds. The FundGrade start date was
1/31/2021 and FundGrade end date was
12/31/2023. Performance for the fund (Series A) for the period
ended December 31, 2023 was 3.8% (1
year), 4.6% (3 years), and 10.5% (since inception - May 11, 2020).
FundGrade A+® is used with permission from Fundata Canada Inc.,
all rights reserved. The annual FundGrade A+® Awards are presented
by Fundata Canada Inc. to recognize the "best of the best" among
Canadian investment funds. The FundGrade A+® calculation is
supplemental to the monthly FundGrade ratings and is calculated at
the end of each calendar year. The FundGrade rating system
evaluates funds based on their risk-adjusted performance, measured
by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score
for each ratio is calculated individually, covering all time
periods from 2 to 10 years. The scores are then weighted equally in
calculating a monthly FundGrade. The top 10% of funds earn an A
Grade; the next 20% of funds earn a B Grade; the next 40% of funds
earn a C Grade; the next 20% of funds receive a D Grade; and the
lowest 10% of funds receive an E Grade. To be eligible, a fund must
have received a FundGrade rating every month in the previous year.
The FundGrade A+® uses a GPA-style calculation, where each monthly
FundGrade from "A" to "E" receives a score from 4 to 0,
respectively. A fund's average score for the year determines its
GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade
A+® Award. For more information, see www.FundGradeAwards.com.
Although Fundata makes every effort to ensure the accuracy and
reliability of the data contained herein, the accuracy is not
guaranteed by Fundata.
Note: The FundGrade ratings for each fund are subject to change
every month.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please
read the prospectus before investing. The indicated rates of return
are historical annual compounded total returns including changes in
unit value and reinvestment of all distributions and do not take
into account sales, redemption, distribution or optional charges or
income taxes payable by any securityholder that would have reduced
returns. Mutual funds are not guaranteed, their values change
frequently, and past performance may not be repeated.
®Lysander Funds is a registered trademark of Lysander Funds
Limited.
SOURCE Lysander Funds Limited