Updated July 18, 2018.

Leith Wheeler
U.S. 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 sub-advised by Barrow, Hanley, Mewhinney & Strauss of Dallas, Texas.

Investment Style


We utilize a value approach to stock selection, applying bottomup, 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 solid companies run by strong management teams that can navigate variable market conditions.

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.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Medium
Low High

Fund Code

LWF005

Asset Class

US Equity Fund

Daily Price

$4.83572

Series

B

Quarter End Fund Size

$341.0 million

Series Inception Date

Apr 27, 1994

Fund Inception Date

Apr 27, 1994

MER

1.32%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

79

Minimum Investment

  • $25,000 directly through Leith Wheeler
  • $5,000 through other registered dealers

Quarter End Yield

2.13%

Reference Index

  • S&P 500 (C$)