Commentary Archives

Insights

At Lysander Funds we strive to inform and educate Canadian investors. In this section you'll find resources that highlight the thinking of our Portfolio Managers.

Slater Quarterly Recap – Q2 2026

The Canadian Preferred Share market finished higher in Q2 2026, with the S&P/TSX Preferred Share Total Return Index (the “index”) up 4.0%. Series F of Lysander‑Slater Preferred Share Dividend Fund (“the Fund”), and Lysander‑Slater Preferred Share…

Three Reasons to Get Excited About US Small Cap Stocks

Ian Marthinsen, CFA, Portfolio Manager

A Crowded Trade – US Large-Cap Equity Over the past three years, US large cap equity has become an increasingly crowded trade, with investor assets growing in ETFs replicating the S&P 500 Index1. As illustrated in…

Patient Capital Quarterly Commentary – Q1 2026

In the first quarter of 2026, equity performance in North America diverged meaningfully. Through March 31, 2026, the S&P 500 Index was down 4.6%1 for the quarter, while the S&P/TSX Composite Total Return Index gained 3.3%2,…

Canso April 2026 Corporate Bond Newsletter

To the Moon We celebrate the successful completion of the Artemis II space mission that sent 4 astronauts farther away from Earth than any human had previously travelled. London, Ontario-born Jeremy Hansen represented the Canadian Space…

Canso April 2026 Market Observer

Investors have been navigating the uncertain and turbulent waters of Times Trump, where one social media post can send markets soaring, announce a military action or a ceasefire. Our January 2026 edition focused on Trump’s tariffs…

The US Equity Market is Partying Like it’s 2000: A Case for US Small-Cap Equity

2026 US Equity Rotation Investors seem to be cooling on US technology stocks after a three year stretch of strong returns following the launch of ChatGPT in November 2022. Since its recent peak on October 29,…