Mawer Canadian Money Market Fund

As at September 30, 2018

Morningstar RatingTM: N/A1 (as at Sep 30, 2018)
Fund Inception Date: February 19, 1988
Fund Net Asset Value: $248.1 million
Total Net Asset Value (Series A): $36.1 million
Net Asset Value Per Unit: $10.00
RRSP Eligibility: Yes
Management Expense Ratio: 0.52% (as at Dec 31, 2017)
Fund Code: MAW103

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.

Investor Suitability

Investors seeking income from short term investments. Low risk.

Investment Strategy

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.

Net Performance

1-Yr 3-Yr 5-Yr 10-Yr
Mawer Canadian Money Market Fund 0.5 0.2 0.2 0.3
FTSE Canada 91 Day TBill Index 1.2 0.7 0.8 0.8

Current yield is 0.00% which is an annualized historical yield based on 7-day period ended June 30, 2016. This does not represent actual 1-year return.

Number of Holdings2: 7

Top Holdings% Weight
Government Of Canada 0.0% 15-nov-2018 49.1
Government Of Canada 0.0% 04-oct-2018 29.7
Government Of Canada 0.0% 29-nov-2018 11.7
Government Of Canada 0.0% 13-dec-2018 7.1
Government Of Canada 0.0% 27-dec-2018 1.3
Government Of Canada 0.0% 18-oct-2018 0.7
Government Of Canada 0.0% 01-nov-2018 0.5

1 As of April 30, 2013, Morningstar will no longer calculate a Morningstar Ratings™ for money market funds.

2 Fixed income holdings excluding cash.

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. 

Performance returns for the Mawer Mutual Funds are calculated by Mawer Investment Management Ltd. These returns are historical simple returns for the 3 month, YTD and 1 year periods, and are annualized compounded total returns for periods after 1 year. Index returns are supplied by a third party—we believe the data to be accurate, however, cannot guarantee its accuracy. Index returns sourced from FTSE russell, FactSet, and BMO Capital Markets.

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.

Additionally for money market funds, the performance data provided assumes reinvestment of distributions only 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 fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.

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