Updated September 22, 2021.

Leith Wheeler
U.S. Dividend Fund


To provide investors with a source of monthly income, with the potential for long-term growth through capital appreciation and growth in dividends by investing primarily in common shares, convertible debentures and other equity related securities of U.S. issuers. The Fund will attempt to produce a total return in excess of the return of the S&P 500 Index, and secondarily, the Russell 1000 Value Index over a full market cycle. The Fund is subadvised 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 our client’s capital while offering superior investment growth, regardless of economic conditions. We seek to invest in companies that generally reflect the following value characteristics: price/earnings and price/book ratios at, or below, the market and a dividend yield at, or above, the market. In addition, most securities in the Fund will have a 25-year history of paying cash dividends.

As value investors, we tend to include companies in the portfolio when they are “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 find we are able to control risk in the portfolio as these investments often have less downside risk while offering a decent potential return.

Download Fund Summary Regulatory Documents

Fund Details

Risk Level

Low High

Fund Code


Asset Class

US Equity Fund

Daily Price




Quarter End Fund Size

$17.7 million

Series Inception Date

Sep 26, 2016

Fund Inception Date

Sep 26, 2016



RRSP/RRIF Eligible


Distribution Frequency


Number Of Holdings


Minimum Investment

  • $25,000 directly through Leith Wheeler
  • $5,000 through other registered dealers

Quarter End Yield


Reference Index

  • S&P 500 Index (US$)*