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.

Canadian Preferred Shares – Can the Positive Trend Continue?

Lysander Funds Audio Update Featuring Slater Asset Management Doug Grieve and Ian Marthinsen discuss the strength of Canadian Preferred Shares. Is there still room to run? Doug Grieve – President & Portfolio Manager at…

Now is Not a Bad Time to Own Bonds, Although it May Be a Bad Time to Own Conventional Bond Strategies

Ian Marthinsen, CFA, Portfolio Manager

The Times Are a Changing The first quarter of 2021 was a wake-up call for bond investors. Fuelled by speculation of a post-COVID economic boom and soaring inflation expectations, interest rates1 jumped and led to a…

Canso Market Observer – May 2021

The very first thing a university student learns in Economics 101 is that an economy exists to efficiently allocate scarce goods. A corollary is that a financial system exists to allocate the scarce capital of an…

Risk In No Risk

The Macro Corporate bond strategists say that while credit spreads are at all-time lows, they see no reason for them to rise. They say GDP growth forecasts are very strong which supports robust corporate cash flow…

Canso Corporate Bond Newsletter – April 2021

The Race Is On! We hope you and your loved ones are healthy and safe, wherever this note finds you. Governments across the globe are desperate to return life to normal as quickly as possible from…

How to Spot Value in Preferred Shares as More Companies Make the Switch to LRCNs

Revisiting LRCNs In our September 2020 commentary titled A New Type of Security is Shaking Up the Canadian Preferred Share Market, we discussed the introduction of Limited Recourse Capital Notes (“LRCNs”) to the Canadian marketplace and…