Updated September 13, 2024.

Leith Wheeler
High Yield Bond Fund (CAD Hedged)

Objective

To provide investors with a high level of income and the opportunity for capital appreciation by investing in a portfolio of primarily high-yielding fixed income securities issued by US, Canadian and international corporations.

Investment Style

We take a conservative, disciplined approach to managing the High Yield Bond Fund. We believe the key to investing in high yield bonds is investing in solid companies run by strong management teams that can navigate variable market conditions. The Fund is a concentrated portfolio made up of liquid securities, focused on high quality non-investment grade bonds with strong cash flows. The High Yield Bond Fund is available in both a Canadian currency-hedged option and an unhedged option.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Low To Medium
Low High

Fund Code

LWF034

Asset Class

High Yield Fixed Income

Daily Price

$8.28040

Series

F

Quarter End Fund Size

$8.3 million

Series Inception Date

Aug 28, 2015

Fund Inception Date

May 27, 2015

MER

0.81%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Monthly

Number Of Holdings

68

Minimum Investment

  • $5,000 initial
  • $1,000 subsequent

Quarter End Yield

7.01%**

Benchmark

  • ICE BofAML BB-B High Yield Constrained Index (Hedged to C$)***