If you are invested in the Mawer Mutual Funds (the Funds), you own units of the Funds and those units are recorded in your name on the books and records of the Funds’ recordkeeper International Financial Data Services (IFDS). Securities within the Funds are beneficially owned by the Funds’ unitholders and are held by the Funds’ custodian, State Street Trust Company of Canada according to the custody and recordkeeping arrangements disclosed in the offering documents of the Funds.
If you are invested in securities other than mutual funds (stocks and bonds), a custodian is required to custody your assets. In the event Mawer faces financial difficulties or bankruptcy, your assets are protected by your custodian.
For more information, please see our Relationship Disclosure Information form.
Please note the securities we manage are not covered by CDIC insurance (www.cdic.ca).