LYSANDER-CANSO CORPORATE TREAS ACTI UNITLYSANDER-CANSO CORPORATE TREAS ACTI UNITLYSANDER-CANSO CORPORATE TREAS ACTI UNIT

LYSANDER-CANSO CORPORATE TREAS ACTI UNIT

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Key stats


Assets under management (AUM)
‪3.14 M‬CAD
Fund flows (1Y)
‪−1.57 M‬CAD
Dividend yield (indicated)
4.48%
Discount/Premium to NAV
0.3%
Shares outstanding
‪300.00 K‬
Expense ratio
0.38%

About LYSANDER-CANSO CORPORATE TREAS ACTI UNIT


Issuer
Canso Investment Counsel Ltd.
Brand
Lysander
Inception date
Aug 26, 2022
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Lysander Funds Ltd.
The fund seeks to provide total returns that primarily consist of interest income. It invests in a diversified portfolio of liquid short-term debt securities issued by Canadian and foreign corporations. The fund primarily invests in fixed income securities with a credit rating of BBB or higher. The portfolio may hold debt securities with a longer term-to-maturity as long as the average term-to-maturity of all the securities held in the portfolio at the time of purchase is approximately 18 months. The fund may invest in other floating rate debt securities and use derivatives such as forwards, options, and swaps for hedging purposes. As an actively managed fund, the adviser has the discretion to make necessary investment decisions to meet its objectives.

Broaden your horizons with more funds linked to LYCT via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LYCT trades at 10.49 CAD today, its price has fallen −0.10% in the past 24 hours. Track more dynamics on LYCT price chart.
LYCT net asset value is 10.47 today — it's risen 0.04% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LYCT assets under management is ‪3.14 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LYCT price has risen by 0.19% over the last month, and its yearly performance shows a 0.38% increase. See more dynamics on LYCT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.04% over the last month, showed a 0.48% increase in three-month performance and has increased by 4.13% in a year.
LYCT fund flows account for ‪−1.57 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LYCT invests in bonds. See more details in our Analysis section.
LYCT expense ratio is 0.38%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LYCT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LYCT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LYCT shows the buy signal. See more of LYCT technicals for a more comprehensive analysis.
Yes, LYCT pays dividends to its holders with the dividend yield of 4.48%.
LYCT trades at a premium (0.26%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LYCT shares are issued by Canso Investment Counsel Ltd.
LYCT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 26, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.