Select Region
By clicking I agree below, you confirm that you are an accredited investor as defined by the Canadian Securities Administrators or section 1.1 of the National Instrument 45-106 Prospectus and Registration Exemptions. You also confirm that by accessing this website, you will not contravene, or cause Langdon Equity Partners or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
By clicking I agree below, you confirm that you are an Australian resident, or will only access Fund Information as a unitholder in a Fund issued by Pinnacle Fund Services Limited, and you accept all of the Terms of Use of this website, which may be found here.
By clicking I agree below, you confirm that you are a qualified / professional investor or equivalent in the United Kingdom or Europe. You also confirm that by accessing this website, you will not contravene, or cause Langdon Equity Partners or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
By clicking I agree below, you confirm that you are an accredited investor within the meaning of Rule 501(a) of Regulation D under the Securities Act of 1933. You also confirm that by accessing this website, you will not contravene, or cause Langdon Equity Partners or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
By clicking I agree below, you confirm that you are a qualified / professional investor or equivalent in the relevant jurisdiction where the vehicle is permitted to be marketed to. You also confirm that by accessing this website, you will not contravene, or cause Langdon Equity Partners or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
The Langdon Canadian Smaller Companies Portfolio is a concentrated, high conviction portfolio of 15-25 companies.
We seek to invest in high-quality cash generative smaller companies run by talented and long-term oriented teams that are fundamentally undervalued.
The Portfolio aims to outperform the S&P/TSX Completion Total Return Index over the long term.
Please read the disclaimers and other additional information (as footnoted) at the bottom of the page.
Returns greater than one year are annualized.
Annual Management Report
Annual Management Report (French)
Annual Financial Statement
Annual Financial Statement (French)
Interim Management Report
Interim Management Report (French)
Interim Financial Statement
Interim Financial Statement (French)
IRC Report – March 2025
Proxy Voting Record
Quarterly Portfolio Disclosure
Please read the disclaimers and other additional information (as footnoted) at the bottom of the page.
Returns greater than one year are annualized.
Q1 (+1 Month) 2025 Investor Update
Q4 2024 Investor Update
Q3 2024 Investor Update
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Langdon Canadian Smaller Companies Portfolio – Class A
Langdon Canadian Smaller Companies Portfolio – Class F
December 2024 Distributions
Unit prices are net of fees & do not include distributions.
Annual Information Form (French)
Fund Facts - Class A (LEP 100)
Fund Facts - Class A (LEP 100) (French)
Fund Facts - Class F (LEP 110)
Fund Facts - Class F (LEP 110) (French)
Annual Information Form
Fund Facts - Class I (LEP 120)
Fund Facts - Class I (LEP 120) (French)
Simplified Prospectus
Simplified Prospectus (French)
These net performance figures covers the period from Aug 26, 2022 to June 30, 2025, and has been provided to Langdon Equity Partners Ltd. by State Street Trust Company Canada for the Canadian Portfolio.
1. LEP100 (Class A)
2. LEP110 (Class F)
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Quartile rank is sourced to Morningstar Inc. Based on CAD | YTD Investment June 30, 2025 | Category: Canadian Small/Mid Cap Equity as of June 30, 2025 | Index: Morningstar Canada Sml GR CAD as of May 31, 2025 based on a total of 181 Invest. In Cat. These ratings or rankings are subject to change every month.
3. Benchmark is S&P/TSX Completion Total Return Index for all periods. Please note that the Benchmark from inception up to August 23, 2023 was S&P/TSX Completion Index