Updated March 20, 2023.

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 securities.

Investment Style

We tactically 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 40% and 75% of its total investments (up to 40% in foreign equities), with the remaining assets in fixed income 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 client capital while offering superior investment growth, regardless of economic conditions. We seek to invest in solid companies run by strong management teams that can navigate variable market conditions. 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, high yield bonds, and other fixed income securities in the fixed income component of the Fund.