Mawer Global Balanced Fund
As at June 30, 2018
Greg Peterson, CFA
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.
Investors seeking long-term growth at medium risk.
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 and Global bonds. Risk is further managed through extensive diversification across many industries, countries, and currencies.
|Mawer Global Balanced Fund||8.1||7.1||-||-|
|Internal Global Balanced Benchmark||8.1||7.0||-||-|
|Number of Funds in Morningstar Category Global Equity Balanced||1029||728||-||-|
|Number of Holdings2:||68|
|Number of Countries2:||18|
|Top 25 Holdings2||% Weight|
|Mawer Canadian Bond Fund Series O||24.7|
|Cash & Cash Equivalents||8.7|
|Mawer Global Bond Fund Series O||8.0|
|S&P Global, Inc.||2.6|
|JPMorgan Chase & Co.||2.5|
|Alphabet Inc. Class C||2.4|
|Becton, Dickinson and Company||2.1|
|Air Liquide SA||1.9|
|Wolters Kluwer NV||1.8|
|Visa Inc. Class A||1.7|
|Croda International Plc||1.6|
|Union Pacific Corporation||1.5|
|DBS Group Holdings Ltd||1.5|
|Deutsche Boerse AG||1.4|
|Constellation Software Inc.||1.4|
|Intertek Group plc||1.3|
|Novartis AG Sponsored ADR||1.1|
|KAR Auction Services, Inc.||1.0|
|Johnson & Johnson||1.0|
|AIA Group Limited||1.0|
1 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.
2 Number of Holdings: Fund level exposure; Equity and fixed income holdings excluding cash
Number of Countries: Security level exposure; Equity holdings excluding cash
Asset Mix: Fund level exposure
Equity Sector Weights: Security level exposure
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.