The Fund invests primarily in equity and equity-related securities and fixed-income securities from around the world. The Fund may invest in any part of the capital structure in both public and private entities.
Mawer Global Balanced Fund
As at March 31, 2023- Morningstar Rating™
- (as at Mar 31, 2023)
- Fund Managers:
-
Greg Peterson, CFA
Steven Visscher, CFA
- Series Start Date:
- Jun 28, 2013
- Fund Net Asset Value:
- $1,929.3 million
- Total Net Asset Value (Series A):
- $661.7 million
What Does this Fund Invest In?
The Fund invests primarily in equity and equity-related securities and fixed-income securities from around the world. The Fund may invest in any part of the capital structure in both public and private entities.
Investor Suitability
Investors seeking long-term growth at low-medium risk.
Investment Strategy
A bottom up approach is taken to construct this Fund. The equities are chosen on a global basis and are coupled with the stability of investment grade Canadian bonds. Risk is further managed through extensive diversification across many industries, countries, and currencies.
Asset Mix ¶
- ●Global Equity62.3%
- ●Canadian Bonds32.9%
- ●Cash & Cash Equivalents4.8%
Top Holdings ¶
| Top Holdings | Weight (%) |
|---|---|
| Mawer Canadian Bond Fund Series O | 33.1 |
| Cash & Cash Equivalents | 4.2 |
| Marsh & McLennan Companies, Inc. | 3.0 |
| Alimentation Couche-Tard Inc. Class A | 2.7 |
| Wolters Kluwer NV | 2.5 |
| Aon Plc Class A | 2.4 |
| CGI Inc. Class A | 2.3 |
| Microsoft Corporation | 2.3 |
| KDDI Corporation | 2.1 |
| FTI Consulting, Inc. | 2.0 |
| Bayerische Motoren Werke AG | 1.9 |
| CDW Corporation | 1.8 |
| Bunzl plc | 1.7 |
| Roche Holding Ltd Dividend Right Cert. | 1.6 |
| Novo Nordisk A/S Class B | 1.6 |
| Johnson & Johnson | 1.5 |
| JDE Peet's NV | 1.5 |
| Nestle S.A. | 1.4 |
| Insperity, Inc. | 1.3 |
| Amphenol Corporation Class A | 1.3 |
| Booking Holdings Inc. | 1.3 |
| Admiral Group plc | 1.2 |
| Intercontinental Exchange, Inc. | 1.2 |
| LVMH Moet Hennessy Louis Vuitton SE | 1.2 |
| Alphabet Inc. Class C | 1.1 |
Net Performance ‡
Equity Sector Weights **
Disclaimers
- * Management expense ration (“MER”) is based on total expenses for the stated period and is expressed as an annualized percentage of daily net assets during the period.
- † The trading expense ratio represents total commissions and other portfolio transaction costs expressed as an annualized percentage of daily average net assets during the year.
- ‡ Performance has been presented for the A-series mutual funds and has been calculated net of fees. Performance has been expressed in Canadian dollars.
- § See benchmark history.
- ‖ Mawer Global Balanced Fund Series A inception: June 28, 2013. 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.
- ¶ Fund level exposure
- ** Security level exposure
- †† Equity and 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.
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.
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