TORONTO, Nov. 26,
2024 /CNW/ - Lysander Funds Limited ("Lysander")
announces estimated cash distributions for each of Lysander-Slater
Preferred Share ActivETF, Lysander-Canso Corporate Treasury
ActivETF and Lysander-Canso Floating Rate ActivETF
(TSX: PR) (TSX: LYCT) (TSX: LYFR), respectively (each,
an "ETF" and collectively, the "ETFs").
Estimated Tax Year ending December 15,
2024, Cash Distribution
The estimated tax year end cash distributions are based on
information available as of October 31,
2024, and are subject to change.
ETF
|
Estimated
Income Per
Unit
|
Estimated
Capital Gains
Per Unit
|
Estimated Total Distribution Per Unit
|
Lysander-Slater
Preferred Share ActivETF
|
$0.0409
|
$0.000
|
$0.0409
|
Lysander-Canso
Corporate Treasury ActivETF
|
$0.0309
|
$0.3536
|
$0.3845
|
Lysander-Canso Floating
Rate ActivETF
|
$0.0575
|
$0.0109
|
$0.0684
|
The final tax year end cash distributions will be announced as
soon as they are finalized for the tax year ending December 15, 2024, and will be based on the units
outstanding on the record date of December
31, 2024. The actual taxable amounts of all distributions
for 2024, including the tax characteristics of the monthly cash
distributions, will be reported to investment dealers (through
Clearing and Depository Services Inc. or "CDS") in early 2025.
Commissions, trailing commissions, management fees and
expenses all may be associated with investment funds. Please read
the prospectus before investing. Investment funds are not
guaranteed, their values change frequently, and past performance
may not be repeated. Distributions are based on the actual
number of units outstanding on the record date. Distributions are
paid in cash and an investor that receives these distributions
should expect that the value of their investment will decline over
time. Distributions are not an indication of performance, rate of
return or yield. If the Fund's net income/capital gains is less
than the amounts distributed in the tax year, the distribution will
include a return of capital.
®Lysander Funds is a registered trademark of Lysander Funds
Limited.
SOURCE Lysander Funds Limited