Updated September 21, 2018.

Leith Wheeler
U.S. Small/Mid-Cap Equity Fund

Objective

To provide superior long-term investment returns by investing primarily in a broad range of small and mid-capitalization U.S. companies. The Fund is not restricted by industry sector or size, although portfolio diversification is a consideration in the selection of securities for the fund.

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. Under normal circumstances, the Fund will invest at least 60% of its assets in equity securities of small and mid-capitalization companies. Under normal circumstances, at least 80% of the assets of the Fund will be invested in equities. In some market conditions, the Fund may invest a portion of its assets in short-term or other debt securities. 

As value investors, we tend to include companies in the portfolio when they are “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 risk while offering a decent potential return.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Medium To High
Low High

Fund Code

LWF047

Asset Class

US Equity Fund

Daily Price

$12.66341

Series

B

Quarter End Fund Size

$5.4 million

Series Inception Date

Oct 31, 2016

Fund Inception Date

Oct 31, 2016

MER

1.31%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

23

Minimum Investment

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

Quarter End Yield

1.73%

Reference Index

  • Russell 2500 (C$)