TORONTO, June 27, 2018 /CNW/ - Lysander Funds Limited
announces that Canso Credit Income Fund (the "Fund") intends to
recirculate Class A units of the Fund (TSX ticker: PBY.UN) tendered
for redemption under the Fund's annual redemption privilege. This
recirculation is in accordance with the Fund's prospectus dated
June 28, 2010. In accordance with a
recirculation agreement as noted in the Fund's prospectus, RBC
Dominion Securities shall use commercially reasonable efforts to
find purchasers for 506,269 units of PBY.UN for recirculation on
June 27, 2018 and June 28, 2018.
Commissions, management fees and expenses all may be
associated with investments funds. Please read the prospectus
before investing. The Fund is not guaranteed, its value changes
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 Fund on the Toronto Stock Exchange (TSX). Only Class A
units of the Fund are listed on the 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 Fund and may receive less than
the current net asset value when selling them.
This press release contains forward-looking statements. There
is no guarantee that any units of the Fund will be successfully
recirculated. The statements that are concerning the Canso Credit Income Fund's objectives,
goals, strategies, intentions, plans, beliefs, expectations and
estimates, and the business, operations, financial
performance and condition of Canso Credit Income Fund are
forward-looking statements. The words "believe", "expect",
"anticipate", "estimate", "intend", "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
important risks and uncertainties that could cause actual
results to differ materially from current expectations. While
Lysander considers these risks and uncertainties to be
reasonable based on information currently available, they may prove
to be incorrect.
SOURCE Canso Credit Income Fund