Updated September 21, 2023.

Leith Wheeler
Emerging Markets Equity Fund

Objective

To provide superior long-term capital appreciation by investing primarily in equity securities in emerging and frontier 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 client capital while generating superior investment growth, regardless of economic conditions. We seek to invest in 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.