Updated February 21, 2020.
Leith Wheeler
Short Term Income Fund
Objective
To provide investors with an improved rate of return for short term investments, while preserving the value of their investment.
Investment Style
This Fund invests primarily in cash, short term notes, banker’s acceptances, treasury bills, corporate paper, and other similar investments. The Fund may also invest in securities issued by corporations, including fixed coupon bonds, step-up bonds, sinking funds and amortizing bonds, medium term notes, callable and putable bonds, floating rate notes, zero coupon bonds, and other similar securities.
Fund Details
Risk Level
Fund Code
LWF065
Asset Class
Fixed Income
Daily Price
$9.64765
Series
F
Quarter End Fund Size
$128.7 million
Series Inception Date
May 25, 2018
Fund Inception Date
Dec 15, 2016
MER
0.26% (temporarily reduced from 0.45% at the discretion of Leith Wheeler)
RRSP/RRIF Eligible
Yes
Distribution Frequency
Quarterly
Number Of Holdings
29
Minimum Investment
- $5,000
- $1,000 for additional purchases
Quarter End Yield
2.19%
Reference Index
- FTSE 91 Day Treasury Bill Total Return