Updated December 07, 2018.

Leith Wheeler
Balanced Fund

Objective

To provide investors with a relatively stable, superior long-term rate of return, through a balanced portfolio of common shares and fixed income.

Investment Style

We manage the investment mix between fixed income and equity securities as opportunities arise, but a portion of the Fund will be maintained in each asset class. Generally, the Fund’s holdings in equity securities will range between 45% and 65% of its total investments, with the remaining assets in fixed income securities. The Fund can hold up to 35% in foreign equity securities.

Within the equity component, we utilize a value approach to stock selection, applying bottom-up, fundamental analysis to all investment decisions. Our investment goal is to protect our client’s capital while offering superior investment growth, regardless of economic conditions. We seek to invest in companies with stable earnings with a long-term business model and management team that we have a high level of comfort in.  The fixed income securities are chosen to provide safety of capital and liquidity. We use a relative valuation approach and will hold investment grade corporate bonds, preferred shares, and other fixed income securities in the fixed income component of the Balanced Fund.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Low To Medium
Low High

Fund Code

LWF029

Asset Class

Balanced

Daily Price

$23.91368

Series

F

Quarter End Fund Size

$117.0 million

Series Inception Date

Aug 28, 2015

Fund Inception Date

Sep 20, 1987

MER

0.95%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

291

Minimum Investment

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

Quarter End Yield

2.79%

Reference Index

  • 35% FTSE TMX Canada Universe Bond
  • 30% S&P/TSX Composite
  • 15% MSCI EAFE - Net (C$)
  • 15% S&P 500, 15% MSCI EAFE
  • 5% 91 Day T-Bills