Confirmed Special Distribution for Canso Credit Income Fund (TSX Symbol: PBY.UN) and Canso Select Opportunities Fund (TSX Symbol: SCW.UN) (the "Funds")

TORONTO, Jan. 5, 2016 /CNW/ - Lysander Funds Limited ("Lysander") announces  the  following confirmed special distributions for the Funds for the year ending December 31, 2015 ("Special Distributions"):

Canso Credit Income Fund (TSX Symbol: PBY.UN)

• Class A units: $3.0513/unit
• Class F units: $3.4473/unit

Canso Select Opportunities Fund (TSX Symbol: SCW.UN)

• Class A units: $0.8724/unit
• Class F units: $0.9632/unit

The Special Distributions were payable on December 31, 2015 to unitholders of record as of December 31, 2015. 

The Special Distributions were been paid by the issuance of units of the Funds, and immediately thereafter, the issued and outstanding capital of the Funds were consolidated such that the number of issued and outstanding units of the Funds did not change.

The actual taxable amounts of all distributions for 2015, including the tax characteristics of the monthly and these Special Distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2016.

This communication is intended for informational purposes only. Commissions, trailing commissions, management fees and expenses all may be associated with investments funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE Lysander Funds Limited

Lysander Funds Limited, Richard Usher-Jones, President, [phone].