Mawer International Equity Fund
The objective of this Fund is to achieve attractive long-term risk-adjusted rates of return from non-North American securities. The Fund will be primarily equity securities in Europe, Asia, Latin America and Australia. The Fund will diversify through currencies, industries, and countries to increase the safety of the principal, and to increase the growth and liquidity of the investments.
Download PDF version (PDF 91 KB)
Fund Details - Class A
The information summarized below is for the quarter ended March 31, 2013.
||David Ragan, CFA
Jim Hall, CFA
|Inception Date:||November 6, 1987|
|Fund Net Asset Value:||$1,741.2 million|
|Total Net Asset Value (Class A):||$379.3 million|
|Net Asset Value Per Unit:||$36.47|
|Management Expense Ratio:||1.53% (as at 12/31/12)|
Top 10 Holdings
|Canadian Treasury Bill May 09, 2013
|Roche Holding AG
|Kerry Group PLC
|Rolls-Royce Holdings PLC
|DBS Group Holdings Ltd.
|Reckitt Benckiser Group
|Jardine Matheson Holdings Ltd.
|Fuchs Petrolub AG
|Number of Holdings (Equities):||59|
|Number of Countries:||19|
|Mawer International Equity Fund
|MSCI EAFE TRI (CAD)
Investors seeking long-term, above average growth who can tolerate equity volatility. Moderate to high risk.
In order to achieve its investment strategy objectives, the Manager systematically creates a broadly diversified portfolio of wealth-creating companies with excellent management teams bought at discounts to their intrinsic values. The Manager employs a highly disciplined, research-driven, bottom-up process and long-term holding period to allow for investor recognition or corporate growth, and to minimize transaction costs.
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.