TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) — Lysander Funds Limited (“Lysander”) and Canso Investment Counsel Ltd. (“Canso”) are excited to announce the launch of Lysander-Canso Corporate Treasury ActivETF and Lysander-Canso Floating Rate ActivETF.
These ETFs are exchange-traded mutual funds each established as a trust under the laws of Ontario that have completed the initial public offering of units and will begin trading today on the Toronto Stock Exchange.
Lysander-Canso Corporate Treasury ActivETF will trade under the symbol “LYCT” and Lysander-Canso Floating Rate ActivETF will trade under the symbol “LYFR”.
“Lysander is excited to bring the investment expertise of the Canso team to the ETF space by continuing to work closely with advisors across the country,” said Richard Usher-Jones, President of Lysander Funds.
Lysander-Canso Corporate Treasury ActivETF seeks to provide total returns consisting principally of interest income by investing primarily in liquid short term fixed income and floating rate debt securities of Canadian and foreign issuers.
Lysander-Canso Floating Rate ActivETF seeks to provide total returns consisting principally of interest income by investing primarily in floating rate and other short term debt securities of Canadian and foreign issuers.
About Lysander Funds Limited
Lysander is an 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.
For further information please contact:
Lysander Funds Limited
Jason Darling, Vice President, Sales
Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. Please read the prospectus before investing. 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 ETFs on the Toronto Stock Exchange. If the units are purchased or sold on the Toronto Stock Exchange, investors may pay more than the current net asset value when buying units of the ETFs and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an ETF. An ETF must prepare disclosure documents that contain key information about the ETF. You can find more detailed information about the ETFs in these documents.