TORONTO, Jan. 27,
2023 /CNW/ - Lysander Funds Limited ("Lysander") was
recognized at the 2022 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 pleased to be recognized again at the FundGrade A+
Awards. The awards for the Canso and Fulcra funds are well deserved and
are reflective of the discipline and consistency of the Portfolio
Managers." said Richard Usher-Jones,
President of Lysander. "Lysander will continue to work hard to
deliver results for our advisors and clients across the
country."
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 Broad Corporate Bond Fund
Lysander-Canso Short Term and Floating Rate Fund
Lysander-Canso Balanced Fund
Lysander-Fulcra Corporate Securities 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.
Learn more about Lysander at www.lysanderfunds.com
Lysander-Canso Corporate Value Bond Fund was awarded the 2022
Fundata FundGrade A+ Award in the Global Corporate Fixed Income
Category, out of 53 funds. The FundGrade start date was
1/31/2013 and FundGrade end date was
12/31/2022. Performance for the fund (Series A) for the period
ended December 31, 2022 was -6.9% (1
year), 8.2% (3 years), 5.8% (5 years) and 5.5% (10 years).
Lysander-Canso Broad Corporate Bond Fund was awarded the 2022
Fundata FundGrade A+ Award in the Global Corporate Fixed Income
Category, out of 53 funds. The FundGrade start date was
1/31/2017 and FundGrade end date was
12/31/2022. Performance for the fund (Series A) for the period
ended December 31, 2022 was -4.1% (1
year), 2.9% (3 years), 3.2% (5 years) and 2.8% (since inception –
Dec 30, 2016).
Lysander-Canso Short Term and Floating Rate Fund was awarded the
2022 Fundata FundGrade A+ Award in the Canadian Short Term Fixed
Income Category, out of 162 funds. The FundGrade start date was
1/31/2014 and FundGrade end date was
12/31/2022. Performance for the fund (Series A) for the period
ended December 31, 2022 was -3.9% (1
year), 0.9% (3 years), 1.1% (5 years) and 1.4% (since inception –
Sep 18, 2013).
Lysander-Canso Balanced Fund was awarded the 2022 Fundata
FundGrade A+ Award in the Global Equity Balanced Category, out of
735 funds. The FundGrade start date was 1/31/2013 and FundGrade end date was 12/31/2022.
Performance for the fund (Series A) for the period ended
December 31, 2022 was -0.2% (1 year),
12.3% (3 years), 7.6% (5 years) and 9.0% (10 years).
Lysander-Fulcra Corporate Securities Fund was awarded the 2022
Fundata FundGrade A+ Award in the High Yield Fixed Income Category,
out of 191 funds. The FundGrade start date was 1/31/2017 and FundGrade end date was 12/31/2022.
Performance for the fund (Series A) for the period ended
December 31, 2022 was -2.1% (1 year),
3.9% (3 years), 3.4% (5 years) and 4.2% (since inception -
Dec 30, 2016).
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