TORONTO, June 20,
2023 /CNW/ - Lysander Funds Limited announces that
Canso Credit Income Fund (the "Fund") intends to recirculate Class
A units of the Fund (TSX: PBY.UN) tendered for redemption under the
Fund's annual redemption privilege. This recirculation is in
accordance with the Fund's declaration of trust and a recirculation
agreement between the Fund and RBC Dominion Securities Inc. ("RBC
DS"). Pursuant to the recirculation agreement, RBC DS shall
use commercially reasonable efforts to find purchasers for
1,680,219 Class A units of the Fund tendered for redemption from
July 5, 2023 to July 6, 2023 until 4:00
p.m. EST.
Only Class A units of the Fund are listed on the Toronto
Stock Exchange. You will usually pay brokerage fees to your dealer
if you purchase or sell units of the Fund on the Toronto Stock
Exchange. If the units are purchased or sold on the Toronto Stock
Exchange, investors may pay more than the current net asset value
when buying units of the Fund and may receive less than the current
net asset value when selling them. There are ongoing fees and
expenses associated with owning units of an investment fund. An
investment fund must prepare disclosure documents that contain key
information about the fund. You can find more detailed information
about the Fund in these documents. Investment funds are
not guaranteed, their values change frequently and past performance
may not be repeated.
This document may contain forward-looking statements.
Statements concerning the Fund's or entity's objectives, goals,
strategies, intentions, plans, beliefs, expectations and estimates,
and the business, operations, financial performance and condition
are forward-looking statements. The words "believe", "expect",
"anticipate", "estimate", "intend", "aims", "may", "will", "would"
and similar expressions and the negative of such expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward- looking statements are subject to various risks and
uncertainties that could cause actual results to differ materially
from current expectations. Readers are cautioned not to place undue
reliance on these forward-looking statements. While Lysander Funds
Limited considers these risks and uncertainties to be reasonable
based on information currently available, they may prove to be
incorrect.
SOURCE Canso Credit Income Fund