Updated March 27, 2020.

Leith Wheeler
Balanced Fund

Objective

To provide investors with a relatively stable, superior long-term rate of return through a balanced portfolio of common shares and fixed income.

Investment Style

We manage the investment mix between fixed income and equity securities as opportunities arise, but a portion of the Fund will be maintained in each asset class.  Generally, the Fund’s holdings in equity securities will range between 45% and 65% of its total investments, with the remaining assets in fixed income securities.  Not more than 35% of the Fund’s investments will consist of foreign equity securities.

Within the equity component, 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.  

The fixed income securities are chosen to provide safety of capital and liquidity. We use a relative valuation approach and will hold investment grade corporate bonds, preferred shares, and other fixed income securities in the fixed income component of the Balanced Fund.