The following six Mawer Mutual Funds pay a monthly income distribution on the last business day of the month:
Please note: This distribution is comprised of any interest and dividends earned by the Fund for that particular month. Should the Fund not accrue income, it will not trigger a distribution for that month.
- Global Balanced Fund
- Balanced Fund
- Tax Effective Balanced Fund
- Global Bond Fund
- Canadian Bond Fund
- Canadian Money Market Fund
With the exception of the Mawer Canadian Money Market Fund, all of the Mawer Mutual Funds pay a year-end distribution. This distribution payout will comprise of net income and net realized capital gains. In December, the Mawer Canadian Money Market Fund will pay the normal monthly distribution at month-end.
2018 Year-End Distribution Dates:
Record Date* is Tuesday, December 18th
Payment date is Wednesday, December 19th
*If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on this date, you will receive the distribution.
View Mawer's FAQ on distributions here.
-
2017 Total Distributions
Note: These numbers are for illustrative purposes only. For official tax information, please contact your Investment Advisor.
-
2016 Total Distributions
-
2015 Total Distributions
-
2014 Total Distributions
-
2013 Total Distributions
-
Global Balanced Fund
| Date | Net Asset Value Per Share
(NAVPS) | Income |
|---|
| January 31, 2018 |
15.06 |
0.0027 |
| February 28, 2018 |
15.10 |
0.0015 |
| March 29, 2018 |
15.12 |
0.0072 |
| April 30, 2018 |
15.08 |
0.0140 |
| May 31, 2018 |
15.24 |
0.0287 |
| June 30, 2018 |
15.34 |
0.0171 |
| July 31, 2018 |
15.57 |
0.0083 |
| August 31, 2018 |
15.70 |
0.0120 |
| September 30, 2018 |
15.53 |
0.0118 |
| October 31, 2018 |
15.07 |
0.0090 |
| Total |
0.1123
|
-
Balanced Fund
| Date | Net Asset Value Per Share
(NAVPS) | Income |
|---|
| January 31, 2018 |
28.48 |
0.0000 |
| February 28, 2018 |
28.47 |
0.0000 |
| March 29, 2018 |
28.42 |
0.0000 |
| April 30, 2018 |
28.33 |
0.0000 |
| May 31, 2018 |
28.70 |
0.0000 |
| June 30, 2018 |
28.97 |
0.0006 |
| July 31, 2018 |
29.15 |
0.0012 |
| August 31, 2018 |
29.48 |
0.0014 |
| September 30, 2018 |
29.18 |
0.0014 |
| October 31, 2018 |
28.11 |
0.0028 |
| Total |
0.0074 |
-
Tax Effective Balanced Fund
| Date | Net Asset Value Per Share
(NAVPS) | Income |
|---|
| January 31, 2018 |
35.29 |
0.0402 |
| February 28, 2018 |
35.27 |
0.0143 |
| March 29, 2018 |
35.17 |
0.0269 |
| April 30, 2018 |
35.02 |
0.0350 |
| May 31, 2018 |
35.41 |
0.0621 |
| June 30, 2018 |
35.71 |
0.0453 |
| July 31, 2018 |
35.91 |
0.0313 |
| August 31, 2018 |
36.29 |
0.0212 |
| September 30, 2018 |
35.91 |
0.0283 |
| October 31, 2018 |
34.60 |
0.0342 |
| Total |
0.3388
|
-
Global Bond Fund
| Date | Net Asset Value Per Share
(NAVPS) | Income |
|---|
| January 31, 2018 |
9.97 |
0.0116 |
| February 28, 2018 |
10.30 |
0.0048 |
| March 29, 2018 |
10.45 |
0.0049 |
| April 30, 2018 |
10.19 |
0.0049 |
| May 31, 2018 |
10.23 |
0.0044 |
| June 30, 2018 |
10.31 |
0.0043 |
| July 31, 2018 |
10.18 |
0.0046 |
| August 31, 2018 |
10.21 |
0.0077 |
| September 30, 2018 |
10.03 |
0.0047 |
| October 31, 2018 |
10.06 |
0.0052 |
| Total |
0.0571 |
-
Canadian Bond Fund
| Date | Net Asset Value Per Share
(NAVPS) | Income |
|---|
| January 31, 2018 |
12.68 |
0.0311 |
| February 28, 2018 |
12.69 |
0.0188 |
| March 29, 2018 |
12.76 |
0.0215 |
| April 30, 2018 |
12.61 |
0.0212 |
| May 31, 2018 |
12.68 |
0.0220 |
| June 30, 2018 |
12.72 |
0.0215 |
| July 31, 2018 |
12.60 |
0.0223 |
| August 31, 2018 |
12.67 |
0.0227 |
| September 30, 2018 |
12.51 |
0.0219 |
| October 31, 2018 |
12.40 |
0.0233 |
| Total |
0.2263
|
-
Canadian Money Market Fund
| Date | Net Asset Value Per Share
(NAVPS) | Income |
|---|
| January 31, 2018 |
10.00 |
0.0028 |
| February 28, 2018 |
10.00 |
0.0031 |
| March 29, 2018 |
10.00 |
0.0042 |
| April 30, 2018 |
10.00 |
0.0046 |
| May 31, 2018 |
10.00 |
0.0048
|
| June 30, 2018 |
10.00 |
0.0049 |
| July 31, 2018 |
10.00 |
0.0058 |
| August 31, 2018 |
10.00 |
0.0065 |
| September 30, 2018 |
10.00 |
0.0007 |
| October 31, 2018 |
10.00 |
0.0003 |
| Total |
0.0377 |
Mutual fund distributions are by default re-invested, thereby purchasing additional units. A unitholder can opt to receive their distribution paid in cash.
The net effect of reinvested distributions is that the price of the fund will decline by the amount of the distribution, and additional units will be acquired by the unitholder which are equivalent in value to the amount of the distribution. The difference between the pre- and post-distribution fund price may be slightly different from the value of the distribution, due to fluctuations in the market value of the fund's holdings.
Past distributions are not indicative of future trends. The classification of distributions such as dividends, other income, capital gains etc. for each period will be reported only after the Fund's tax year end. Please consult your tax professional or financial adviser for more information regarding your tax situation.
Example:
Pre-distribution holdings of 100 units in a fund that is valued at $10.00/unit for a total value of $1,000
The fund pays a distribution of $0.10/unit so the price will drop to $9.90 following the distribution ($990)
1.01 units in the fund ($0.10/$9.90) will be re-invested so the value of your investment remains unchanged (101.01 units x $9.90/unit = $1,000)
