Mawer Global Balanced Fund
As at December 31, 2018
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||3.5||4.5||7.9||-||9.0|
|Internal Global Balanced Benchmark||1.3||4.3||7.4||-||8.5|
|Number of Funds in Morningstar Category Global Equity Balanced||1082||850||574||-||N/A|
|Number of Holdings2:||71|
|Number of Countries2:||19|
|Top 25 Holdings1||% Weight|
|Mawer Canadian Bond Fund Series O||25.0|
|Mawer Global Bond Fund Series O||8.7|
|Cash & Cash Equivalents||8.3|
|JPMorgan Chase & Co.||2.3|
|Alphabet Inc. Class C||2.2|
|S&P Global, Inc.||2.1|
|Wolters Kluwer NV||2.0|
|Becton, Dickinson and Company||2.0|
|Air Liquide SA||1.9|
|Visa Inc. Class A||1.8|
|Croda International Plc||1.5|
|Novartis AG Sponsored ADR||1.5|
|Union Pacific Corporation||1.5|
|DBS Group Holdings Ltd||1.4|
|Deutsche Boerse AG||1.4|
|Johnson & Johnson||1.2|
|Verizon Communications Inc.||1.1|
|Seven & I Holdings Co., Ltd.||1.1|
|Roche Holding Ltd Genusssch.||1.0|
|AIA Group Limited||0.9|
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 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.