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Fund Price: $34.94 (as at November 21, 2017)  1-day chg: $.1267 0.36%  YTD: 9.55%

Returns as at October 31, 2017

  Fund Group Avg Index*
1 Month 3.51% 3.00% 4.10%
3 Months 4.86% 4.56% 5.70%
6 Months 2.21% 2.47% 0.87%
1 Year 9.34% 10.00% 9.74%
2 Year Avg 7.42% 6.75% 7.83%
3 Year Avg 8.63% 6.47% 10.64%
4 Year Avg 9.74% 7.25% 11.51%
5 Year Avg 11.50% 9.16% 13.07%
10 Year Avg 7.41% 4.24% 7.58%
15 Year Avg 8.26% 5.72% 6.14%
20 Year Avg 7.20% 4.89% -
Since Inception 8.19% - -
 
2016 3.32% 4.62% 2.21%
2015 10.18% 5.04% 18.44%
2014 12.23% 7.85% 12.90%
 
3 year risk 6.34 7.51 8.72
3 year beta 0.67 0.62 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 October 31, 2017

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 October 31, 2017)
Total Assets: $737.8 million
Mgmt Exp. Ratio (MER): 0.92%
Management Fee: 0.78%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$5,000
Subsequent:
-
Min. Invest (initial RRSP):
$5,000
Subsequent RRSP:
$0
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation March 31, 2017

Bond Type March 31, 2017

Fund Geography March 31, 2017

Top Holdings as at March 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at November 21, 2017
1 Year Performance (%)
  Mawer Global Small Cap Series O Other 6.39   - 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 2.88     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/18/17 Bond 2.41   - 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 1.56   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.00%, JUN/01/27 Bond 1.5   -9.02 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 1.44   - 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/04/17 Bond 1.33   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.63%, SEP/15/21 Bond 1.16   - 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 0.99   3.95 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 4.000% 01-Jun-2041 Bond 0.97   - 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 November 21, 2017)

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
Oct 31, 2017 0.0302 0.0302 0.3946 34.845
Sep 29, 2017 0.0322 0.0322 0.3827 33.693
Aug 31, 2017 0.0146 0.0146 0.3758 33.451
Jul 31, 2017 0.0318 0.0318 0.3824 33.306
Jun 30, 2017 0.0331 0.0331 0.3709 33.883
May 31, 2017 0.0524 0.0524 0.3776 34.647
Apr 28, 2017 0.0279 0.0279 0.3687 34.286
Mar 31, 2017 0.0281 0.0281 0.3683 33.246
Feb 28, 2017 0.0135 0.0135 0.3724 32.844
Jan 31, 2017 0.0387 0.0387 0.3708 32.090
Dec 20, 2016 0.0744 0.0744 0.3627 32.043
Nov 30, 2016 0.0178 0.0178 0.6567 32.111
Oct 31, 2016 0.0184 0.0184 0.6389 32.248
Sep 30, 2016 0.0252 0.0252 0.6416 32.661
Aug 31, 2016 0.0213 0.0213 0.6398 32.506
Jul 29, 2016 0.0202 0.0202 0.6591 32.312
Jun 30, 2016 0.0399 0.0399 0.7369 31.592
May 31, 2016 0.0434 0.0434 0.7188 31.717

Portfolio Manager(s)

Craig Senyk

Mawer Investment Management Ltd.

Start Date: February, 1988

Fund Return: 8.15%

View fund manager performance report

Craig Senyk, Travis Goldfeldt

Mawer Investment Management Ltd.

Start Date: February, 1988

Fund Return: 8.15%

View fund manager performance report

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

Mawer Investment Management Ltd.

Start Date: February, 1988

Fund Return: 8.15%

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