Updated May 29, 2023.
Leith Wheeler
U.S. Equity Fund
Objective
To provide superior long-term investment returns by investing in equity securities trading on the major exchanges 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 client capital while generating superior investment growth, regardless of economic conditions. We seek to invest in companies with stable earnings, a long-term business model, and a capable management team we can trust 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 are able to control downside risk in the portfolio while adding the potential for an attractive return.
Download Fund Summary Regulatory DocumentsFund Details
Risk Level
Fund Code
LWF005
Asset Class
US Equity
Daily Price
$5.71557
Series
B
Quarter End Fund Size
$411.7 million
Series Inception Date
Apr 27, 1994
Fund Inception Date
Apr 27, 1994
MER
1.33%
RRSP/RRIF Eligible
Yes
Distribution Frequency
Quarterly
Number Of Holdings
70
Minimum Investment
- $25,000 initial
- $1,000 subsequent
Quarter End Yield
2.42%
Reference Index
- S&P 500 (C$)*