Updated March 05, 2021.
Leith Wheeler
U.S. Equity Fund
Objective
To provide superior long-term investment returns by investing in equity securities trading on the major markets in the United States. The Fund may also invest in convertible securities of American issuers or equivalent equity securities. The 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 our client’s 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.
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 find we are able to control risk in the portfolio as these investments often have less downside while offering a decent potential return.
Download Fund Summary Regulatory DocumentsFund Details
Risk Level
Fund Code
LWF005
Asset Class
US Equity Fund
Daily Price
$5.55846
Series
B
Quarter End Fund Size
$403.9 million
Series Inception Date
Apr 27, 1994
Fund Inception Date
Apr 27, 1994
MER
1.32%
RRSP/RRIF Eligible
Yes
Distribution Frequency
Quarterly
Number Of Holdings
72
Minimum Investment
- $25,000 directly through Leith Wheeler
- $5,000 through other registered dealers
Quarter End Yield
1.87%
Reference Index
- S&P 500 Index*