The following five Mawer Mutual Funds pay a monthly income distribution (on the last business day of the month):

  • Global Balanced Fund
  • Balanced Fund
  • Tax Effective Balanced Fund
  • Canadian Bond Fund
  • Canadian Money Market Fund

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 in excess of the fund’s management expense ratio, it will not trigger a distribution for that month.

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 be comprised 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.

View Mawer's FAQ on distributions here.

2022 Year-End Distribution Dates

Record Date*: Monday, December 19th
Payment Date: Tuesday, December 20th

*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.

 

October 31st Distribution Estimates:

Year-End Distributions

2021 Total Distributions
Mawer Mutual Fund Interest Income * Dividends Foreign Income Foreign Taxes Capital Gains Total Distributions
Mawer International Equity Fund - - 0.2652 (0.0414) 1.5902 1.8141
Mawer U.S. Equity Fund - - - - - -
Mawer U.S. Mid Cap Equity Fund - - - - - -
Mawer Global Equity Fund - 0.0003 0.0218 (0.0032) 0.7196 0.7385
Mawer Global Small Cap Fund - - - - 2.0058 2.0058
Mawer Emerging Markets Equity Fund - - 0.0175 (0.0026) - 0.0149
Mawer EAFE Large Cap Fund - - 0.0437 (0.0059) - 0.0379
Mawer Canadian Equity Fund - 0.9648 - - - 0.9648
Mawer New Canada Fund (CLOSED) - - - - 9.8391 9.8391
Mawer Global Balanced Fund 0.0271 0.0012 0.0901 (0.0117) 0.2833 0.3901
Mawer Balanced Fund 0.0034 0.1197 0.2265 (0.0340) - 0.3156
Mawer Tax Effective Balanced Fund 0.0272 0.1242 0.2823 (0.0354) 0.0358 0.4341
Mawer Canadian Bond Fund 0.2358 - - - - 0.2358
  • * Interest Income includes any income for the Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2020 Total Distributions
Mawer Mutual Fund Interest Income * Dividends Foreign Income Foreign Taxes Capital Gains Total Distributions
Mawer International Equity Fund - - 0.1892 (0.0231) - 0.1661
Mawer U.S. Equity Fund - - 0.0497 (0.0079) - 0.0418
Mawer Global Equity Fund - 0.0028 0.0473 (0.0064) - 0.0437
Mawer Global Small Cap Fund - - - - 0.9408 0.9408
Mawer Emerging Markets Equity Fund - - 0.0525 (0.0096) - 0.0429
Mawer EAFE Large Cap Fund - - - - - -
Mawer Canadian Equity Fund - 1.1706 - - - 1.1706
Mawer New Canada Fund (CLOSED) - 0.0021 - - 0.0839 0.0859
Mawer Global Balanced Fund 0.0247 - - - 0.1117 0.1363
Mawer Balanced Fund 0.0295 0.1137 0.2015 (0.0274) - 0.3174
Mawer Tax Effective Balanced Fund 0.0572 0.1210 0.2392 (0.0288) 0.2061 0.5947
Mawer Canadian Bond Fund 0.2597 - - - 0.2925 0.5522
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2019 Total Distributions
Mawer Mutual Fund Interest Income * Dividends Foreign Income Foreign Taxes Capital Gains Total Distributions
Mawer U.S. Equity Fund - - 0.1056 (0.0156) - 0.0900
Mawer International Equity Fund - - 0.7442 (0.0753) - 0.6688
Mawer Global Equity Fund - 0.0284 0.2552 (0.0263) - 0.2573
Mawer Global Small Cap Fund - 0.0014 0.0572 (0.0078) 0.8311 0.8820
Mawer Emerging Markets Equity Fund - - 0.1584 (0.0287) - 0.1297
Mawer Canadian Equity Fund - 1.2712 - - - 1.2712
Mawer New Canada Fund (CLOSED) - 0.3403 - - 3.3802 3.7205
Mawer Global Balanced Fund 0.0565 0.0153 0.1546 (0.0140) 0.0639 0.2763
Mawer Balanced Fund 0.0645 0.1179 0.2542 (0.0304) - 0.4063
Mawer Tax Effective Balanced Fund 0.0965 0.1435 0.2986 (0.0329) 0.0191 0.5248
Mawer Canadian Bond Fund 0.2938 - - - - 0.2938
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2018 Total Distributions
Mawer Mutual Funds Interest Income * Dividends Foreign Income Foreign Taxes Capital Gains Total Distributions
Mawer International Equity Fund - - 0.4447 (0.0488) 2.0937 2.4896
Mawer U.S. Equity Fund - - 0.0466 (0.0071) 0.1371 0.1766
Mawer Global Equity Fund - 0.0108 0.1125 (0.0144) 0.2432 0.3521
Mawer Global Small Cap Fund - 0.0009 0.1135 (0.0111) 0.8791 0.9824
Mawer Emerging Markets Equity Fund - - 0.1170 (0.0196) - 0.0974
Mawer Canadian Equity Fund - 0.8940 - - - 0.8940
Mawer New Canada Fund (CLOSED) - 0.3015 - - 1.3797 1.6812
Mawer Global Balanced Fund 0.0344 0.0076 0.0938 (0.0099) 0.0794 0.2053
Mawer Balanced Fund 0.0494 0.0996 0.2176 (0.0255) 0.0787 0.4198
Mawer Tax Effective Balanced Fund 0.0749 0.1206 0.2554 (0.0277) 0.2926 0.7158
Mawer Canadian Bond Fund 0.2606 - - - - 0.2606
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: These numbers are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2017 Total Distributions
Mawer Mutual Fund Total Income * Yearly Capital Gains Total Distributions
Mawer U.S. Equity Fund 0.0501 - 0.0501
Mawer International Equity Fund 0.4312 0.4086 0.8398
Mawer Global Equity Fund 0.0629 - 0.0629
Mawer Global Small Cap Fund 0.1210 0.5273 0.6483
Mawer Emerging Markets Equity Fund 0.0546 - 0.0546
Mawer Canadian Equity Fund 0.8151 - 0.8151
Mawer New Canada Fund (CLOSED) 0.5350 - 0.5350
Mawer Global Balanced Fund 0.1195 - 0.1195
Mawer Balanced Fund 0.3176 - 0.3176
Mawer Tax Effective Balanced Fund 0.3928 - 0.3928
Mawer Canadian Bond Fund 0.2443 - 0.2443
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: These numbers are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2016 Total Distributions
Mawer Mutual Funds Total Income * Yearly Capital Gains Total Distributions
Mawer U.S. Equity Fund 0.0190 - 0.0190
Mawer International Equity Fund 0.3845 1.0776 1.4621
Mawer Global Equity Fund 0.1017 - 0.1017
Mawer Global Small Cap Fund 0.1378 - 0.1378
Mawer Canadian Equity Fund 0.7273 - 0.7273
Mawer New Canada Fund (CLOSED) 0.5837 2.0887 2.6724
Mawer Global Balanced Fund 0.1338 - 0.1338
Mawer Balanced Fund 0.2829 - 0.2829
Mawer Tax Effective Balanced Fund 0.3627 - 0.3627
Mawer Canadian Bond Fund 0.0080 0.0852 0.0932
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2015 Total Distributions
Mawer Mutual Funds Total Income * Yearly Capital Gains Total Distributions
Mawer U.S. Equity Fund 0.1222 2.2978 2.4200
Mawer International Equity Fund 0.3917 0.0947 0.4864
Mawer Global Equity Fund 0.1349 - 0.1349
Mawer Global Small Cap Fund 0.0805 0.0361 0.1166
Mawer Canadian Equity Fund 0.6764 2.5087 3.1851
Mawer New Canada Fund (CLOSED) 0.6853 9.5338 10.2191
Mawer Global Balanced Fund 0.1324 0.0161 0.1485
Mawer Balanced Fund 0.2776 0.2384 0.5160
Mawer Tax Effective Balanced Fund 0.3528 0.3684 0.7212
Mawer Canadian Bond Fund 0.2655 0.0510 0.3165
Mawer Canadian Money Market Fund 0.0044 - 0.0044
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

 

2014 Total Distributions
Mawer Mutual Funds Total Income * Yearly Capital Gains Total Distributions
Mawer International Equity Fund 0.3547 0.0834 0.4381
Mawer U.S. Equity Fund 0.1023 0.6695 0.7718
Mawer Global Equity Fund 0.0625 - 0.0625
Mawer Global Small Cap Fund 0.0476 0.0133 0.0609
Mawer Canadian Equity Fund 0.6268 - 0.6268
Mawer New Canada Fund (CLOSED) 0.5805 4.3369 4.9174
Mawer Global Balanced Fund 0.1299 - 0.1299
Mawer Balanced Fund 0.2697 - 0.2697
Mawer Tax Effective Balanced Fund 0.3586 0.2682 0.6267
Mawer Canadian Bond Fund 0.2683 0.0075 0.2758
Mawer Canadian Money Market Fund 0.3680 - 0.3680
  • * Interest Income includes any income for the six Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.

2021 Total Distributions
Mawer Mutual Fund Interest Income § Dividends Foreign Income Foreign Taxes Capital Gains Total Distributions
Mawer International Equity Fund - - 1.3311 (0.2076) 2.7379 3.8613
Mawer U.S. Equity Fund - - 0.8166 (0.1363) 0.4742 1.1546
Mawer U.S. Mid Cap Equity Fund - - 0.0162 (0.0033) - 0.0129
Mawer Global Equity Fund - 0.0087 0.5763 (0.0851) 1.3864 1.8862
Mawer Global Small Cap Fund - 0.0020 0.3145 (0.0359) 2.0419 2.3325
Mawer Emerging Markets Equity Fund - - 0.2421 (0.0362) - 0.2059
Mawer EAFE Large Cap Fund - - 0.1759 (0.0235) 0.0010 0.1534
Mawer Canadian Equity Fund - 1.8397 - - 1.2639 3.1035
Mawer New Canada Fund (CLOSED) - 1.1772 - - 9.5210 10.6981
Mawer Global Balanced Fund 0.0758 0.0034 0.2520 (0.0326) 0.6348 0.9334
Mawer Balanced Fund 0.0066 0.2323 0.4394 (0.0659) - 0.6124
Mawer Tax Effective Balanced Fund 0.0517 0.2358 0.5358 (0.0673) 0.8016 1.5576
Mawer Canadian Bond Fund 0.2978 - - - - 0.2978
  • Series O Units of the Mawer Mutual Funds may be purchased by private or institutional investors that meet certain criteria determined by us.
  • § Interest Income includes any income for the Mawer Mutual Funds that pay a monthly income distribution.
  • Total Distribution is comprised of net income (Interest Income, Dividends, Foreign Income, Foreign Taxes) and net realized Capital Gains. If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on the Record Date, you will receive the distribution on the Payment Date. See above for Year-End Distribution Dates.

Note: Distribution amounts have been rounded to 4 decimals and are for illustrative purposes only. For official tax information, please contact your investment team directly and/or learn more about distributions from our FAQ here.


Month-End Distributions

Mawer Global Balanced Fund
Date Net Asset Value Per Share
(NAVPS)
Income
2022-01-31 19.26 0.0158
2022-02-28 18.85 0.0005
2022-03-31 18.79 0.0146
2022-04-30 18.12 0.0088
2022-05-31 17.79 0.0428
2022-06-30 17.15 0.0278
2022-07-31 17.94 0.0105
2022-08-31 17.44 0.0068
2022-09-30 17.06 0.0243
2022-10-31 17.50 0.0053
Total 0.1572
Mawer Balanced Fund
Date Net Asset Value Per Share
(NAVPS)
Income
2022-01-31 35.44 0.0000
2022-02-28 34.51 0.0000
2022-03-31 34.42 0.0000
2022-04-30 32.86 0.0000
2022-05-31 32.54 0.0000
2022-06-30 31.13 0.0000
2022-07-31 32.63 0.0000
2022-08-31 31.84 0.0000
2022-09-30 30.98 0.0000
2022-10-31 31.78 0.0002
Total 0.0002
Mawer Tax Effective Balanced Fund
Date Net Asset Value Per Share
(NAVPS)
Income
2022-01-31 43.30 0.0150
2022-02-28 42.15 0.0143
2022-03-31 41.97 0.0607
2022-04-30 40.06 0.0365
2022-05-31 39.61 0.0557
2022-06-30 37.86 0.0520
2022-07-31 39.67 0.0393
2022-08-31 38.66 0.0441
2022-09-30 37.59 0.0477
2022-10-31 38.52 0.0363
Total 0.4016
Mawer Canadian Bond Fund
Date Net Asset Value Per Share
(NAVPS)
Income
2022-01-31 12.62 0.0266
2022-02-28 12.49 0.0183
2022-03-31 12.11 0.0204
2022-04-30 11.65 0.0207
2022-05-31 11.60 0.0224
2022-06-30 11.33 0.0217
2022-07-31 11.77 0.0210
2022-08-31 11.43 0.0227
2022-09-30 11.33 0.0214
2022-10-31 11.18 0.0230
Total 0.2182
Mawer Canadian Money Market Fund
Date Net Asset Value Per Share
(NAVPS)
Income
2022-01-31 10.00 0.0000
2022-02-28 10.00 0.0000
2022-03-31 10.00 0.0000
2022-04-30 10.00 0.0003
2022-05-31 10.00 0.0003
2022-06-30 10.00 0.0004
2022-07-31 10.00 0.0014
2022-08-31 10.00 0.0005
2022-09-30 10.00 0.0007
2022-10-31 10.00 0.0016
Total 0.0052

Disclaimers

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.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus and fund facts before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mawer Canadian mutual funds are managed by Mawer Investment Management Ltd. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. Canadian mutual funds may not be available to non-Canadian investors.

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)