VANCOUVER, BC, May 7, 2024 /CNW/ - Leith Wheeler Investment Counsel Ltd., manager of the Leith Wheeler Investment Funds, announces today that it has discovered an error in the Management Reports of Fund Performance ("MRFPs") dated December 31, 2023 all of its publicly offered mutual funds, other than Leith Wheeler Money Market Fund. In each case, the portfolio turnover rate that was previously reported was overstated as a result of the inclusion of portfolio securities having a remaining term-to-maturity on the date of acquisition by the Fund of one year or less in the calculation. The revised MRFPs disclose the correct portfolio turnover rate for each Fund and have been re-filed with securities regulators. They can be found on our website at www.leithwheeler.com and at the SEDAR+ website, www.sedarplus.ca.

The following Funds are impacted:

Leith Wheeler Balanced Fund
Leith Wheeler Canadian Dividend Fund
Leith Wheeler Canadian Equity Fund
Leith Wheeler Carbon Constrained Canadian Equity Fund
Leith Wheeler Core Bond Fund
Leith Wheeler Corporate Advantage Fund
Leith Wheeler Emerging Markets Equity Fund
Leith Wheeler High Yield Bond Fund
Leith Wheeler Income Advantage Fund
Leith Wheeler International Equity Fund
Leith Wheeler Multi-Credit Fund
Leith Wheeler Preferred Share Fund
Leith Wheeler Short Term Income Fund
Leith Wheeler U.S. Dividend Fund
Leith Wheeler U.S. Equity Fund
Leith Wheeler U.S. Small/Mid-Cap Equity Fund

Founded in 1982, Leith Wheeler is an independent, employee-owned, client-focused investment manager that manages assets on behalf of individual investors, foundations, endowments, Indigenous communities, advisors, pensions and other institutional clients across Canada.

For further information on Leith Wheeler and its funds, please visit www.leithwheeler.com.

SOURCE Leith Wheeler Investment Counsel Ltd.