Lysander-Canso Launches PBY With Long-Short Credit Strategy

Lysander Funds has listed the Lysander-Canso Credit Income ActivETF (PBY) on the Toronto Stock Exchange, expanding its lineup with an actively managed alternative credit strategy. PBY invests primarily in corporate bonds and other income-producing securities, using both long and short positions to pursue opportunities across credit markets. The ETF seeks to maximize total returns while reducing portfolio risk, giving investors access to a more flexible approach than traditional long-only fixed-income funds. PBY also aims to provide monthly cash distributions, combining an income objective with active credit selection and alternative investment techniques.