TORONTO, November 26, 2024 /CNW/ – Lysander Funds Limited (“Lysander”) announces estimated cash distributions for each of Lysander-Slater Preferred Share ActivETF, Lysander-Canso Corporate Treasury ActivETF and Lysander-Canso Floating Rate ActivETF (TSX Symbols: PR; LYCT; LYFR, respectively) (each, an “ETF” and collectively, the “ETFs”).
Estimated Tax Year ending December 15, 2024, Cash Distribution
The estimated tax year end cash distributions are based on information available as of October 31, 2024, and are subject to change.
ETF | Estimated Income Per Unit | Estimated Capital Gains Per Unit | Estimated Total Distribution Per Unit |
---|---|---|---|
Lysander-Slater Preferred Share ActivETF | $0.0409 | $0.000 | $0.0409 |
Lysander-Canso Corporate Treasury ActivETF | $0.0309 | $0.3536 | $0.3845 |
Lysander-Canso Floating Rate ActivETF | $0.0575 | $0.0109 | $0.0684 |
The final tax year end cash distributions will be announced as soon as they are finalized for the tax year ending December 15, 2024, and will be based on the units outstanding on the record date of December 31, 2024. The actual taxable amounts of all distributions for 2024, including the tax characteristics of the monthly cash distributions, will be reported to investment dealers (through Clearing and Depository Services Inc. or “CDS”) in early 2025.
For further information contact:
Lysander Funds Limited
Richard Usher-Jones, President
(416) 640 4275