(As of 12/31/2025)

Lysander-Canso Balanced Fund Series A

(Canadian Neutral Balanced)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2023
2022




Inception Return
(12/28/2011)
10.01 %
YTD Return 9.88 %
NAVPS
(1/16/2026)
$23.08
Change $0.03 / 0.11 %
Growth of $10,000 (As of December 31, 2025)
MER 1.78 %
Assets ($mil) -
Rank (1Yr) 360/443
Std Dev (3Yr) 18.20 %
Volatility Ranking (3Yr) 3/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The Fund’s objective is to provide above average, long-term total returns consisting of both income and capital gains by investing primarily in a portfolio of fixed income securities and equities. 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.
Fund Manager

Lysander Funds Limited

Portfolio Manager

Jeff Carter, Canso Investment Counsel Ltd.

Jason Bell, Canso Investment Counsel Ltd.

Jason Davis, Canso Investment Counsel Ltd.

John Laing, Canso Investment Counsel Ltd.

Faye Lee, Canso Investment Counsel Ltd.

Jenny Meto, Canso Investment Counsel Ltd.

Vivek Verma, Canso Investment Counsel Ltd.

Sub-Advisor
-
 
Asset Allocation
(As of November 30, 2025)
Sector Allocation
(As of November 30, 2025)
Geographic Allocation
(As of November 30, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Canada Government 0.50% 01-Dec-2030Domestic BondsFixed IncomeCanada14.05%
TD Bank NHA MBS (98101784) FRN 2.76% 15-Jun-2030Domestic BondsFixed IncomeCanada6.40%
Canada Government 0.25% 01-Mar-2026Cash and EquivalentsCash and Cash EquivalentCanada3.33%
Manulife Financial CorpCanadian EquityFinancial ServicesCanada2.90%
TD Bank NHA MBS (97532364) 3.14% 15-Sep-2030Domestic BondsFixed IncomeCanada2.81%
Air CanadaCanadian EquityIndustrial ServicesCanada2.44%
BCE IncCanadian EquityTelecommunicationsCanada2.43%
Scotia Capital Inc. NHA MBS (97528147) 3.70% 15-Mar-2029Domestic BondsFixed IncomeCanada2.10%
Enbridge IncCanadian EquityEnergyCanada2.03%
Commerzbank AGInternational EquityFinancial ServicesEuropean Union1.96%

Performance Data (As of December 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.19 0.54 3.72 9.88 9.88 11.14 12.68 8.85
Benchmark 0.12 3.25 10.92 17.74 17.74 13.52 8.49 7.84
Quartile Ranking 1 4 4 4 4 3 1 1

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 9.88 14.06 9.53 -0.18 32.59 6.99 15.38 -11.84 13.23 4.28
Benchmark 17.74 13.55 9.43 -8.20 11.90 7.61 15.62 -4.30 6.22 11.97
Quartile Ranking 4 1 2 1 1 2 1 4 1 4

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