Updated February 29, 2024.

Leith Wheeler
U.S. Equity Fund

Objective

The Fund seeks to provide above-average long-term investment returns by investing primarily in equity and equity-related securities issued by U.S. companies. We will not change the fundamental investment objectives of the Fund without the consent of unitholders (either by written consent of holders of at least 50% of the outstanding units, or by the majority vote at a meeting of unitholders).

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 Documents

Fund Details

Risk Level

Medium
Low High

Fund Code

LWF005

Asset Class

US Equity

Daily Price

Series

B

Quarter End Fund Size

$377.3 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

2.48%

Reference Index

  • S&P 500 (C$)*