Lysander-Slater Preferred Share ActivETF Announces Cash Distributions

TORONTO, April 12, 2017 /CNW/ - Lysander Funds Limited ("Lysander") announces the April, May and June 2017 cash distributions for the Lysander-Slater Preferred Share ActivETF (TSX Symbol: PR). Unitholders of record at the close of business on April 28, 2017, May 31, 2017 and June 30, 2017 will receive a cash distribution of $0.038 per unit, payable on or before May 12, 2017, June 14, 2017 and July 17, 2017 respectively.

See the Prospectus for more details on the Lysander-Slater Preferred Share ActivETF ("ETF").  This document is not an invitation to invest in the ETF, nor does it constitute a public offering of sale. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments.  ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the ETF on the Toronto Stock Exchange ("TSX"). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.

SOURCE Lysander Funds Limited

For further information: Lysander Funds Limited, Richard Usher-Jones, President, (416) 640 4275

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http://lysanderfunds.com

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