Mawer Canadian Money Market Fund
As at September 30, 2019
James Redpath, CFA
What does this Fund Invest In?
This Fund invests in government treasury bills and bonds and corporate obligations maturing in 365 days or less. The Fund will have a dollar weighted average term to maturity of no more than 180 days, subject to certain conditions.
Investors seeking income from short term investments. Low risk.
Strategies used to achieve this Fund’s objective include interest rate anticipation, yield analysis, credit and spread analysis, and taking advantage of supply and demand anomalies.
|Mawer Canadian Money Market Fund||1.1||0.5||0.3||0.3|
|FTSE Canada 91 Day TBill Index||1.7||1.1||0.9||0.9|
|Number of Holdings3:||7|
|Top Holdings||% Weight|
|Government Of Canada 0.0% 12-dec-2019
|Government Of Canada 0.0% 31-oct-2019
|Government Of Canada 0.0% 27-dec-2019
|Government Of Canada 0.0% 03-oct-2019
|Government Of Canada 0.0% 17-oct-2019
|Government Of Canada 0.0% 14-nov-2019
|Government Of Canada 0.0% 28-nov-2019||2.6|
1 As of April 30, 2013, Morningstar will no longer calculate a Morningstar Ratings™ for money market funds.
2 Management expense ratio (“MER”) is based on total expenses for the stated period and is expressed as an annualized percentage of daily average net assets during the period. The Manager, at its discretion, absorbed certain expenses otherwise payable by each Series. The Manager may change the amount absorbed or discontinue absorbing these expenses at any time without notice. The MER for the period ended June 30, is a six-month annualized MER and is subject to change due to changes in the average net assets of the Fund and may differ from the final MER for the year ended December 31.
3 Fixed income holdings excluding cash.
Mawer Mutual Funds are managed by Mawer Investment Management Ltd. Mawer Mutual Fund returns are reported in Canadian dollars and calculated after management fees and operating expenses have been deducted. In comparison, index returns do not incur management fees or operating expenses.
Index returns are supplied by a third party—we believe the data to be accurate, however, cannot guarantee its accuracy. Index returns are sourced from FTSE Russell, FactSet and BMO Capital Markets.
Performance returns for the Mawer Mutual Funds and benchmarks are calculated by Mawer Investment Management Ltd. These returns are historical simple returns for the 3 month, YTD and 1 year periods, and annualized compounded total returns for periods after 1 year. Since Inception performance has been calculated from the month-end after the initial funding of the mutual fund in order to provide a comparison against a monthly benchmark.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and 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. Mawer Mutual Funds are managed by Mawer Investment Management Ltd.
The MSCI information may only be used for your internal use, may not be reproduced or disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)
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