Lysander Funds Limited Launches Lysander-Slater Preferred Share ActivETF

TORONTO, Aug. 17, 2015 /CNW/ - Lysander Funds Limited ("Lysander") and Jomisc Investments Inc. ("Jomisc") are pleased to announce the launch of the Lysander-Slater Preferred Share ActivETF (the "ActivETF").  The ActivETF is an exchange-traded mutual fund established as a trust under the laws of Ontario that seeks to generate income while preserving investor capital by investing primarily in preferred shares of Canadian entities that are listed on a Canadian stock exchange.  The ActivETF has completed the initial public offering of its units and will begin trading tomorrow on the Toronto Stock Exchange under the symbol "PR".

In order to achieve its investment objective, the ActivETF will invest primarily in preferred shares of Canadian issuers listed in Canada, using fundamental and credit research. The ActivETF may also invest up to 10% of its assets at the time of investment in other income-generating securities. The ActivETF will be actively managed and will seek to invest in mispriced securities within the preferred share market in order to achieve additional income and/or capital appreciation.

About Lysander and Jomisc.

Lysander, a registered investment fund manager, is the trustee and manager of the ActivETF. The registered office of the ActivETF and Lysander is located at 100 York Boulevard, Suite 501, Richmond Hill, Ontario L4B 1J8. Lysander was founded in 2009 and is an investment fund manager for several prospectus-qualified mutual funds and closed-end funds.

Jomisc, a registered portfolio manager at its principal office in Toronto, Ontario, is the portfolio manager of the ActivETF. Jomisc specializes in active portfolio management of Canadian preferred share portfolios.

Commissions, management fees and expenses all may be associated with mutual fund investments.  This offering is only made by prospectus.  The prospectus contains important detailed information about the securities being offered.  Copies are available from Lysander Funds Limited at www.lysanderfunds.com.  Please read the prospectus before investing.  Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated. 

SOURCE Lysander Funds Limited

Lysander Funds Limited, Raj Vijh, Chief Operating Officer and Chief Financial Officer, [phone]