Overview

Quick Facts

Daily Price

$27.10
0.73% ($0.20)
January 18, 2019
7-Day Performance 2.05%
Inception date November 03, 2009
CIFSC category Global Equity
AUM1 $2.53 billion
MER 2.46% (as at 2018/04/30, includes HST)

Investment Highlights

The Fund follows the Mawer mantra of “Be Boring, Make Money”. The portfolio management team employs a long-term approach to managing a portfolio of high-conviction securities. Broad diversification measures are intended to provide overall stability to the portfolio. This approach seeks to achieve better than market rates of return together with lower than market levels of risk over full economic cycles.

Why Invest

  • An unconstrained global equity portfolio with maximum flexibility utilizing Mawer Investment Management’s proven “boring” philosophy and process
  • Positioned with the goal to be resilient in a variety of different market environments
  • Holdings are diversified by industry, country, and region and may benefit from a variety of market conditions

Fund Details

Investment style GARP
Distribution frequency2 Annual
Distribution Yield3 0.14%
Management fee 1.95%
Positions 78
Risk Medium
Min. investment $500.00 initial; $25.00 PAC
Sub-advisor Mawer Investment Management Ltd.
Fund Status Open

Fund Characteristics as of November 30, 2018

Valuation/Growth Portfolio
Active Share 90.59%
Dividend Yield 2.05%
Market Cap ($B)4 $159,363.00

Fund Codes (MMF)

Series FE LL DSC
Advisor Series 4506 4706 4406
Series T6 1543 1344 1243

Performance5

Growth of $10,000 since inception

Jump to Range Total return for this timeframe

Compound Returns (%)

1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
-3.81 -4.74 -2.05 2.73 2.73 5.64 9.67 11.31
1 month -3.81
3 months -4.74
6 months -2.05
YTD 2.73
1 year 2.73
3 years 5.64
5 years 9.67
10 years
Inception 11.31

Calendar Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
7.32 -1.12 16.11 33.46 12.45 19.71 -1.30 16.25 2.73
2009
2010 7.32
2011 -1.12
2012 16.11
2013 33.46
2014 12.45
2015 19.71
2016 -1.30
2017 16.25
2018 2.73

Portfolio Allocation as of November 30, 2018

Asset Allocation (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Equities 93.32
Cash and equivalents 6.68

Geographic Allocation (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

United States 41.30
United Kingdom 13.10
Canada 13.09
Switzerland 3.97
Netherlands 3.48
Germany 3.11
Japan 2.86
France 2.79
Hong Kong 2.72
Ireland 2.61
Other 10.96

Sector Allocation (Equities) (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Financials 29.03
Industrials 21.76
Information technology 14.95
Health care 10.66
Materials 10.16
Consumer staples 6.05
Telecommunication services 4.48
Consumer discretionary 1.80
Energy 1.10

Top 10 Holdings6 (%)

Name Weight %
JPMorgan Chase & Co. 4.04
Aon plc 3.69
Alphabet Inc. 3.56
Becton, Dickinson and Company 3.51
S&P Global Inc. 3.46
Wolters Kluwer N.V. Depositary Receipt 3.12
Gov. of Canada Treasury Bill, 12/13/2018 2.98
Visa Inc. 2.88
L'Air Liquide S.A. 2.79
Union Pacific Corporation 2.50

Distributions

Effective Date Net Asset Value Income Capital Gain Total Distribution Reinvestment Price
2019/01/18 $27.10
2019/01/17 $26.90
2019/01/16 $26.69
2019/01/15 $26.61
2019/01/14 $26.46
2019/01/11 $26.53
2019/01/10 $26.55
2019/01/09 $26.39
2019/01/08 $26.29
2019/01/07 $26.10
2019/01/04 $26.13
2019/01/03 $25.61
2019/01/02 $26.22
2018/12/31 $26.43
2018/12/28 $26.21
2018/12/27 $26.15
2018/12/24 $25.25
2018/12/21 $25.56
2018/12/20 $25.82
2018/12/19 $25.92
2018/12/18 $26.10
2018/12/17 $26.00
2018/12/14 $26.29
2018/12/13 $26.68
2018/12/12 $26.71
2018/12/11 $26.61
2018/12/10 $26.60
2018/12/07 $26.51
2018/12/06 $27.04
2018/12/05 $27.27
2018/12/04 $26.97
2018/12/03 $27.55
2018/11/30 $27.48
2018/11/29 $27.36
2018/11/28 $27.52
2018/11/27 $26.98
2018/11/26 $26.92
2018/11/23 $26.66
2018/11/22 $26.64
2018/11/21 $26.85
2018/11/20 $26.58
2018/11/19 $26.90
2018/11/16 $27.06
2018/11/15 $27.11
2018/11/14 $26.88
2018/11/13 $26.98
2018/11/12 $26.85
2018/11/09 $27.21
2018/11/08 $27.20
2018/11/07 $27.21
2018/11/06 $26.90
2018/11/05 $26.72
2018/11/02 $26.71
2018/11/01 $26.65
2018/10/31 $26.51
2018/10/30 $26.21
2018/10/29 $25.84
2018/10/26 $25.87
2018/10/25 $26.06
2018/10/24 $25.57
2018/10/23 $26.25
2018/10/22 $26.54
2018/10/19 $26.60
2018/10/18 $26.38
2018/10/17 $26.61
2018/10/16 $26.57
2018/10/15 $26.13
2018/10/12 $26.31
2018/10/11 $26.07
2018/10/10 $26.37
2018/10/09 $27.08
2018/10/05 $27.28
2018/10/04 $27.34
2018/10/03 $27.55
2018/10/02 $27.55
2018/10/01 $27.69
2018/09/28 $27.74
2018/09/27 $28.16
2018/09/26 $27.91
2018/09/25 $27.89
2018/09/24 $27.85
2018/09/21 $28.00
2018/09/20 $27.96
2018/09/19 $27.90
2018/09/18 $27.94
2018/09/17 $27.87
2018/09/14 $27.98
2018/09/13 $27.85
2018/09/12 $27.72
2018/09/11 $27.94
2018/09/10 $27.95
2018/09/07 $27.89
2018/09/06 $28.02
2018/09/05 $28.03
2018/09/04 $28.15
2018/08/31 $28.04
2018/08/30 $27.98
2018/08/29 $28.02
2018/08/28 $27.82
2018/08/27 $27.97
2018/08/24 $27.88
2018/08/23 $27.75
2018/08/22 $27.74
2018/08/21 $27.74
2018/08/20 $27.69
2018/08/17 $27.63
2018/08/16 $27.65
2018/08/15 $27.53
2018/08/14 $27.62
2018/08/13 $27.56
2018/08/10 $27.63
2018/08/09 $27.83
2018/08/08 $27.81
2018/08/07 $27.72
2018/08/03 $27.61
2018/08/02 $27.57
2018/08/01 $27.56
2018/07/31 $27.76
2018/07/30 $27.66
2018/07/27 $27.92
2018/07/26 $28.13
2018/07/25 $28.15
2018/07/24 $28.04
2018/07/23 $27.95
2018/07/20 $27.84

Management

Jim Hall
Paul Moroz
Christian Deckart

Management Fee Reduction7

Account/Household Value Tiers All Qualifying Investments
$250K+ to $499K 2.5 basis points
$500K+ to $999K 5 basis points
$1M+ to $4.9M 7.5 basis points
$5M+ to $9.9M 10 basis points
$10M+ 12.5 basis points