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.

Beware of Falling Interest Rates: Your Bonds May Be Riskier Than You Think!

Ian Marthinsen, CFA, Portfolio Manager

Duration Rally! Canadian interest rates have been on a rollercoaster ride over the past 16-months. After moving higher for much of 2018 and peaking on October 5th, 2018, the Canada 10-year yield plummeted over the following…

Fulcra Commentary: Q1 2019

The high yield corporate bond market got out of the gates of 2019 like “The Stig”1 testing the 0 – 60 mph capabilities of a Tesla S. The first quarter performance of the ICE BofAML US…

Reduce Portfolio Risk & Discover Value in a Little-Known Area of the High Yield Bond Market

Ian Marthinsen, CFA, Portfolio Manager

The Holy Grail? Any investment professional can tell you about the “holy grail” of investing – an investment with great return potential and no risk. Unfortunately, as the saying goes, there are no free lunches. With…

Canso Corporate Bond Newsletter – 2019 March

It is hard to get excited about much these days. It is March and still cold outside. It is dark when the alarm sounds since we lost an hour of sleep when we recently “sprung forward”…

Lysander-Slater Preferred Share Dividend Fund: 2018 Year End Update

Watch the above video to hear Doug Grieve, President of Slater Asset Management and Portfolio Manager of the Lysander-Slater Preferred Share Dividend Fund (Fund Code LYZ920), discuss the Fund’s performance in 2018.

Canso Corporate Value Fund vs. GICs

We all know interest rates are very low, but they also seem to be rising. Rising interest rates are negative for bond prices. “In the ‘safe’ section of my portfolio, I don’t want to lose money.”…