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Fund Price: $31.66 (as at May 27, 2016)  1-day chg: $.1016 0.32%  YTD: 0.80%

Returns as at April 30, 2016

  Fund Group Avg Index*
1 Month -1.00% -0.30% -1.69%
3 Months -0.04% 0.61% -4.48%
6 Months 0.32% -1.81% -2.31%
1 Year 2.26% -2.60% 3.35%
2 Year Avg 7.56% 3.16% 8.51%
3 Year Avg 11.18% 7.26% 12.50%
4 Year Avg 11.52% 7.72% 12.61%
5 Year Avg 9.77% 5.29% 10.66%
10 Year Avg 7.15% 3.17% 6.02%
15 Year Avg 7.21% 3.67% 4.10%
20 Year Avg 7.74% 5.45% -
Since Inception 8.11% - -
 
2015 10.18% 5.10% 18.44%
2014 12.23% 7.85% 12.90%
2013 20.12% 18.35% 22.24%
 
3 year risk 5.87 7.30 7.65
3 year beta 0.65 0.65 1.00

*Blend: 60% MSCI World, 40% BC Glo Agg

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Blend: 60% MSCI World, 40% BC Glo Agg.

Risk Measures as at April 30, 2016

Best/Worst 12 months (since inception)
Best (ending Jul 97): 28.19 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -20.20 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 6 High

Fund Objectives

The investment objective of the Mawer Tax Effective Balanced Fund is to invest for above-average long-term, tax-effective rates of return. We intend to achieve this objective by investing up to all of the assets of the Fund in other Mawer Funds as well as by investing directly in equity and equity-related securities and, when appropriate, treasury bills, short-term notes, debentures and bonds.

Fund Facts

Fund Sponsor: Mawer Investment Management Ltd.
Managed by: Mawer Investment Management Ltd.
Fund Type: MF Trust
Inception Date: January 1988
Asset Class: Global Equity Balanced
Quartile Rank: 1 (3YR ending April 30, 2016)
Total Assets: $556.4 million
Mgmt Exp. Ratio (MER): 0.93%
Management Fee: 0.78%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$5,000
Subsequent:
$0
Min. Invest (initial RRSP):
$5,000
Subsequent RRSP:
$0
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation March 31, 2016

Bond Type March 31, 2016

Fund Geography March 31, 2016

Top Holdings as at March 31, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at May 27, 2016
1 Year Performance (%)
  Mawer Global Small Cap Series O Other 6.29   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, JUN/30/16 Bond 3.22   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Mawer Global Bond Series O Fund 2.93     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, MAY/05/16 Bond 1.87   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, MAY/19/16 Bond 1.66   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, APR/21/16 Bond 1.65   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 1.500% 01-Jun-2023 Bond 1.59   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, JUN/16/16 Bond 1.12   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Quebec Province 3.000% 01-Sep-2023 Bond 1.08   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 3.45%, JUN/02/45 Bond 1.07   1.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to May 27, 2016)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Apr 29, 2016 0.0275 0.0275 0.7079 30.815
Mar 31, 2016 0.0322 0.0322 0.7203 31.154
Feb 29, 2016 0.0119 0.0119 0.7141 30.477
Jan 29, 2016 0.0307 0.0307 0.7143 30.897
Dec 22, 2015 0.3684 0.3684 0.7211 31.477
Oct 30, 2015 0.0211 0.0211 0.6977 31.179
Sep 30, 2015 0.0234 0.0234 0.6993 30.517
Aug 31, 2015 0.0405 0.0405 0.7085 30.911
Jul 31, 2015 0.0980 0.0980 0.6792 31.799
Jun 30, 2015 0.0218 0.0218 0.6070 30.841
May 29, 2015 0.0325 0.0325 0.6184 31.273
Apr 30, 2015 0.0399 0.0399 0.6242 30.819
Mar 31, 2015 0.0259 0.0259 0.6179 31.317
Feb 27, 2015 0.0121 0.0121 0.6288 31.433
Jan 30, 2015 0.0375 0.0375 0.6286 30.564
Dec 22, 2014 0.0601 0.2682 0.3282 0.6267 29.246
Nov 28, 2014 0.0167 0.0167 0.3561 29.381

Portfolio Manager(s)

Donald T. Ferris, CFA, B.Comm. (Honors)

Mawer Investment Management Ltd.

Start Date: February, 1988

Fund Return: 8.07%

Mr Ferris's investment industry experience extends from 1977. He is a Chartered Financial Analyst charterholder. He is President and Chief Executive Officer and Portfolio Manager at Mawer Investment Management Ltd., which he joined in 1986. Mr Ferris manages the Mawer Canadian Balanced Retirement Savings Fund since its inception in 1988 and the Canadian Balanced Institutional Pooled Fund. His research focus is asset allocation strategies.

View fund manager performance report

Craig Senyk, Travis Goldfeldt

Mawer Investment Management Ltd.

Start Date: February, 1988

Fund Return: 8.07%

View fund manager performance report

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