Updated December 07, 2018.

Leith Wheeler
US Equity Fund

Objective

To provide superior long-term investment returns by investing in equity securities trading on the major markets in the United
States. The Fund may also invest in convertible securities of American issuers or equivalent equity securities. The Fund is subadvised by Barrow, Hanley, Mewhinney & Strauss of Dallas, Texas.

Investment Style

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. We focus on finding companies with a proven track record of paying and increasing their dividend over time.

As value investors, we tend to include companies in the portfolio when they are viewed as “out of favour” by the market and have declined in price. Companies can become undervalued when there is a lack of investor awareness, when an entire industry is out of favour with investors, or when a company experiences a short-term difficulty which, following careful analysis, we believe can be overcome. By purchasing these companies after a price decline, we find we are able to control risk in the portfolio as these investments often have less downside while offering a decent potential return.The U.S. Equity Fund seeks to invest in companies with a lower Price to Book Ratio, lower Price to Earnings Ratio and higher Dividend Yield than the S&P 500 index.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Medium
Low High

Fund Code

LWF039

Asset Class

US Equity Fund

Daily Price

$4.35234

Series

F

Quarter End Fund Size

$373.7 million

Series Inception Date

May 25, 2016

Fund Inception Date

Apr 25, 1994

MER

1.00%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

72

Minimum Investment

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

Quarter End Yield

2.13%

Reference Index

  • S&P 500 (C$)