Updated December 06, 2024.
Leith Wheeler
Canadian Dividend Fund
Objective
To provide investors with a source of monthly income, with some potential for long-term growth through capital appreciation and growth in dividends.
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 client capital while generating superior investment growth, regardless of economic conditions. We seek to invest in solid companies with stable earnings, a long-term business model, and a capable management team we can trust that can navigate variable market conditions. 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 are able to control downside risk in the portfolio while adding the potential for an attractive return.
Download Fund Summary Regulatory DocumentsFund Details
Risk Level
Low
High
Fund Code
LWF031
Asset Class
Canadian Equity
Daily Price
$15.41170
Series
F
Quarter End Fund Size
$181.7 million
Series Inception Date
Aug 28, 2015
Fund Inception Date
Dec 21, 2010
MER
1.19%
RRSP/RRIF Eligible
Yes
Distribution Frequency
Monthly
Number Of Holdings
43
Minimum Investment
- $5,000 initial
- $1,000 subsequent
Quarter End Yield
3.42%
Benchmark
- S&P/TSX Composite Dividend Index**