Updated April 15, 2021.
Leith Wheeler
US Small/Mid-Cap Equity Fund
Objective
To provide superior long-term investment returns by investment primarily in a broad range of small and mid-capitalization U.S. 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 our client’s 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. We seek to invest in solid companies run by strong management teams that can navigate variable market conditions.
As value investors, we tend to invest in companies 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 find we are able to control risk in the portfolio as these investments often have less downside risk while offering a decent potential return.
Download Fund Summary Regulatory DocumentsFund Details
Risk Level
Fund Code
LWF048
Asset Class
US Equity Fund
Daily Price
$17.09145
Series
F
Quarter End Fund Size
$15.8 million
Series Inception Date
Oct 31, 2016
Fund Inception Date
Oct 27, 2016
MER
1.00%
RRSP/RRIF Eligible
Yes
Distribution Frequency
Quarterly
Number Of Holdings
26
Minimum Investment
- $5,000
- $1,000 for additional purchases
Quarter End Yield
1.39%
Reference Index
- Russell 2500 Index*