Updated November 16, 2018.

Leith Wheeler
Carbon Constrained Canadian Equity Fund

Objective

To provide superior long-term investment returns by investing primarily in a diversified portfolio of common shares and other equity related securities of Canadian issuers, while excluding companies with significant activity in the fossil fuel industries.

Investment Style

We purchase equities with the intention of holding them for the long term with a focus on determining the inherent value of a company’s business rather than attempting to predict short term fluctuations in its share price. In evaluating a company’s inherent value, we look at factors such as management, competitive position, growth prospects and cash flow and also assess environmental, social and governance (ESG) issues as part of our bottom-up investment process. We recognize that poor ESG practices may have an impact on a company’s results and financial position and, ultimately, affect the long-term performance of the Fund.

The Fund will not invest in companies which derive greater than 30% of their revenue from the extraction or sale of fossil fuels, or from royalties earned from third parties performing such activities. The Fund will not invest in companies which derive greater than 30% of their revenue from services related to the extraction of fossil fuels (including transportation and refining) nor will it invest in companies which derive greater than 30% of their revenue from the sale of power produced from the consumption of fossil fuels.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Medium
Low High

Fund Code

LWF060

Asset Class

Canadian Equity Fund

Daily Price

$10.23376

Series

F

Quarter End Fund Size

$5.80 million

Series Inception Date

May 25, 2018

Fund Inception Date

May 25, 2018

MER

0.95% + applicable taxes

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

31

Minimum Investment

  • $5,000
  • $1,000 for additional purchases

Quarter End Yield

2.63%

Reference Index

  • S&P/TSX 60 Fossil Fuel Free Carbon Efficient Select