Mawer New Canada Fund
The Mawer New Canada Fund is capped to new and existing mutual fund investors. This has been done given the limited liquidity of the securities in the small cap segment of the Canadian equity market and given our desire to ensure that we continue to offer the best possible small cap product to our existing clients.
What Does The Fund Invest In?
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Fund Details - Class A
The information summarized below is for the quarter ended December 31, 2013.
Martin Ferguson, CFA
Jeff Mo, CFA
|Inception Date:||January 8, 1988|
|Fund Net Asset Value:||$1,226.9 million|
|Total Net Asset Value (Class A):||$211.7 million|
|Net Asset Value Per Unit:||$69.92|
|Management Expense Ratio:||1.41% (as at Dec 31, 2013)|
Top 10 Equity Holdings
|Constellation Software Inc||5.9|
|Canadian Energy Services & Technology Corp||5.9|
|Home Capital Group Inc||5.6|
|Canadian Western Bank||4.2|
|Equitable Group Inc||4.0|
|Descartes Systems Group Inc||3.6|
|Number of Holdings (Equities):||54
|Mawer New Canada Fund
|BMO Small Cap (Blended, Weighted)||7.8||-1.8||18.1||7.2|
Investors seeking long-term, above average growth who can tolerate significant volatility. 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 a long-term holding period to allow for investor recognition or corporate growth, and to minimize transaction costs.
This document is for information purposes only. Please consult the Simplified Prospectus or Fund Fact before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Total net returns are net of all fees and expenses of the funds. These returns are the historical annualized compounded total returns including changes in unit value and reinvestment of all distributions and does 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. Index returns do not include fees, commissions, and transaction costs.
* This is a synopsis of the actual Investment Strategy. Please see the Simplified Prospectus for the complete Investment Strategy.
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