Updated September 21, 2023.
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 DocumentsFund Details
Risk Level
Fund Code
LWF048
Asset Class
US Equity
Daily Price
$14.13130
Series
F
Quarter End Fund Size
$19.3 million
Series Inception Date
Oct 31, 2016
Fund Inception Date
Oct 27, 2016
MER
1.03%
RRSP/RRIF Eligible
Yes
Distribution Frequency
Quarterly
Number Of Holdings
25
Minimum Investment
- $5,000 initial
- $1,000 subsequent
Quarter End Yield
1.78%
Reference Index
- Russell 2500 (C$)**