Updated December 01, 2022.

Leith Wheeler
Core Bond Fund

Objective

To provide a stable and attractive total return through investment in fixed income securities. The primary return objective is to achieve, over moving four-year periods, the annualized total return of the FTSE Canada Universe Bond Index plus 0.35%. The secondary return objective is to rank, over moving four-year periods, in the top quartile of a universe of Canadian bond funds as measured by a comparative measurement service.

Investment Style

We take a conservative, disciplined approach to managing the Core Bond Fund. To manage risk, we set targets for duration, sector and credit quality factors which align with our interest rate outlook, industry sector and credit views. We aim to add value by identifying opportunities to shift investments between various maturities and between federal, provincial, municipal and corporate bonds. Safety and liquidity are the focus of our approach to fixed income investing.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Low
Low High

Fund Code

LWF003

Asset Class

Fixed Income

Daily Price

$10.10960

Series

B

Quarter End Fund Size

$273.6 million

Series Inception Date

Apr 27, 1994

Fund Inception Date

Apr 27, 1994

MER

0.79%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Quarterly

Number Of Holdings

202

Minimum Investment

  • $25,000 initial
  • $1,000 subsequent

Quarter End Yield

4.39%

Reference Index

  • FTSE Canada Universe Bond*