Updated September 13, 2024.

Leith Wheeler
US 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 US 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 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. 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 Documents

Fund Details

Risk Level

Medium To High
Low High

Fund Code

LWF048

Asset Class

US Equity

Daily Price

$16.37280

Series

F

Quarter End Fund Size

$17.1 million

Series Inception Date

Oct 31, 2016

Fund Inception Date

Oct 27, 2016

MER

1.20%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

26

Minimum Investment

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

Quarter End Yield

1.52%

Benchmark

  • Russell 2500 (C$)**