Mawer Balanced Fund

Investment Objective

The investment objective of the Mawer Balanced Fund is to achieve attractive long-term risk-adjusted returns with a measure of stability for non-taxable investors. The Manager intends to achieve this objective by investing up to all of the assets of the Fund in other Mawer fixed income and equity funds.

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Fund Details - Class A

The information summarized below is for the quarter ended March 31, 2013.

Fund Manager:	Greg Peterson, CFA
Fund Code:	MAW104
Inception Date:	February 12, 1988
Fund Net Asset Value:	$776.2 million
Total Net Asset Value (Class A):	$438.3 million
Net Asset Value Per Unit:	$18.77
RRSP Eligibility:	Yes
Management Expense Ratio:	0.98% (as at 12/31/12)
Top 10 Holdings	% Share
Mawer Canadian Bond Fund Class O	30.4
Mawer US Equity Fund Class O	18.7
Mawer International Equity Fund Class O	15.4
Mawer Canadian Equity Fund Class O	14.3
Mawer Global Small Cap Fund Class O	9.2
Mawer New Canada Fund Class O	6.4
Canadian Treasury Bill Jun 06, 2013	3.1
Canadian Treasury Bill May 09, 2013	2.0
Canadian Treasury Bill Jul 04, 2013	0.3
Mawer Canadian Money Market Fund Class O	0.3
Number of Holdings:	10
Number of Countries:	27

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Asset Mix

 

 

 

 

 

 

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EqUITY SECTOR WEIGHTS

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Performance (Net)

	1-yr	3-Yr	5-Yr	10-Yr
Mawer Balanced Fund	12.0	9.6	5.9	8.1
Internal Balanced Benchmark*	7.9	7.2	4.4	7.2

  * 5% DEX 91 Day T-Bills Index, 35% DEX Universe Bond Index, 15% S&P/TSX Composite TRI, 15% S&P 500 TRI (CAD), 15% MSCI EAFE TRI (CAD), 7.5% BMO Nesbitt Burns Small Cap TRI (Weighted) and 7.5% Russell Global Small Cap TRI (CAD)

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Investor Suitability

Investors seeking long term growth at moderate risk.

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Investment Strategy

A combination of quantitative and qualitative variables are measured to determine the optimal asset mix for this Fund. The Manager analyzes the economy and markets with a view to determine which combination of asset classes is most likely to offer attractive risk/return characteristics within a medium to long-term time frame. Asset mix changes are carried out gradually to reduce risk.

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All foreign equity indices are gross of withholding taxes.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rate(s) of return is (are) the historical annual compounded total return(s) including changes in [share or unit] value and reinvestment of all (dividends or distributions) and does (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.

© 2013 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.