Updated June 30, 2022.

Leith Wheeler
Canadian Dividend Fund

Objective

To provide investors with a source of monthly income, with some potential for long-term growth through capital appreciation and growth in dividends.

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 solid companies with stable earnings, a long-term business model, and a capable management team we can trust that can navigate variable market conditions. We focus on finding companies with a proven track record of paying and increasing their dividend over time. 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.

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Fund Details

Risk Level

Medium
Low High

Fund Code

LWF019

Asset Class

Canadian Equity

Daily Price

$13.74548

Series

B

Quarter End Fund Size

$184.1 million

Series Inception Date

Dec 21, 2010

Fund Inception Date

Dec 21, 2010

MER

1.50%

RRSP/RRIF Eligible

Yes

Distribution Frequency

Monthly

Number Of Holdings

38

Minimum Investment

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

Quarter End Yield

3.08%

Reference Index

  • S&P/TSX Composite Dividend Index*