Updated February 21, 2020.

Leith Wheeler
Emerging Markets Equity Fund

Objective

To provide superior long-term capital appreciation by primarily investing in equity securities in emerging markets. The Emerging Markets Equity Fund is sub-advised by Barrow, Hanley, Mewhinney & Strauss of Dallas, Texas.

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 clients' capital while offering superior investment growth, regardless of economic conditions. We seek to invest in companies with stable earnings with a long term business model and management team that we have a high level of comfort in.

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.