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Global Neutral Balanced
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2021, 2020, 2019, 2018, 2017
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|
NAVPS (07-25-2024) |
$45.04 |
|---|---|
| Change |
-$0.02
(-0.05%)
|
As at June 30, 2024
As at May 31, 2024
As at February 29, 2024
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Inception Return (January 31, 1988): 7.59%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.35% | -0.13% | 4.46% | 4.46% | 9.88% | 9.86% | 2.01% | 4.64% | 4.85% | 5.23% | 5.43% | 5.81% | 5.70% | 6.27% |
| Benchmark | 1.79% | 1.93% | 7.81% | 7.81% | 14.07% | 12.55% | 3.51% | 5.23% | 5.76% | 5.68% | 6.03% | 6.45% | 6.40% | 7.19% |
| Category Average | 0.73% | 5.44% | 5.44% | 5.44% | 10.21% | 9.05% | 2.16% | 5.38% | 4.58% | 4.52% | 4.51% | 4.94% | 4.41% | 4.55% |
| Category Rank | 1,338 / 1,742 | 1,600 / 1,712 | 1,317 / 1,712 | 1,317 / 1,712 | 1,003 / 1,680 | 748 / 1,609 | 893 / 1,464 | 881 / 1,342 | 616 / 1,284 | 423 / 1,165 | 334 / 1,044 | 282 / 948 | 199 / 823 | 163 / 715 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 1 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.68% | 0.23% | -3.23% | -0.23% | 5.13% | 2.70% | 0.30% | 2.53% | 1.71% | -2.09% | 1.66% | 0.35% |
| Benchmark | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% |
5.96% (April 2020)
-9.43% (August 1998)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 12.23% | 10.18% | 3.32% | 9.87% | -0.25% | 14.93% | 10.66% | 9.18% | -12.40% | 10.11% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 2 | 3 | 2 |
| Category Rank | 73/ 663 | 141/ 787 | 637/ 892 | 120/ 979 | 139/ 1,122 | 206/ 1,236 | 262/ 1,318 | 672/ 1,402 | 1,107/ 1,541 | 708/ 1,659 |
14.93% (2019)
-12.40% (2022)
| Name | Percent |
|---|---|
| International Equity | 24.33 |
| US Equity | 18.90 |
| Canadian Equity | 18.55 |
| Canadian Government Bonds | 15.99 |
| Canadian Corporate Bonds | 15.86 |
| Other | 6.37 |
| Name | Percent |
|---|---|
| Fixed Income | 31.85 |
| Financial Services | 13.78 |
| Technology | 9.51 |
| Industrial Services | 7.91 |
| Healthcare | 6.48 |
| Other | 30.47 |
| Name | Percent |
|---|---|
| North America | 75.76 |
| Europe | 18.70 |
| Asia | 4.86 |
| Latin America | 0.63 |
| Africa and Middle East | 0.11 |
| Other | -0.06 |
| Name | Percent |
|---|---|
| Mawer Global Small Cap Fund Series O | 7.36 |
| Quebec Province 3.60% 01-Sep-2033 | 2.75 |
| Canada Government 18-Jul-2024 | 2.23 |
| Canada Government 3.25% 01-Dec-2033 | 1.83 |
| Ontario Province 3.65% 02-Jun-2033 | 1.81 |
| Canada Government 2.00% 01-Dec-2051 | 1.41 |
| Mawer Emerging Markets Equity Fund Series O | 1.34 |
| Canadian Pacific Railway Co 2.54% 28-Dec-2027 | 1.05 |
| Canada Government 15-Aug-2024 | 1.03 |
| Amphenol Corp Cl A | 0.98 |
Mawer Tax Effective Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 9.36% | 9.08% | 7.65% |
|---|---|---|---|
| Beta | 0.98% | 1.05% | 0.90% |
| Alpha | -0.01% | -0.01% | 0.00% |
| Rsquared | 0.89% | 0.88% | 0.82% |
| Sharpe | -0.06% | 0.34% | 0.64% |
| Sortino | -0.09% | 0.34% | 0.66% |
| Treynor | -0.01% | 0.03% | 0.05% |
| Tax Efficiency | 68.99% | 87.96% | 89.94% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.63% | 9.36% | 9.08% | 7.65% |
| Beta | 0.97% | 0.98% | 1.05% | 0.90% |
| Alpha | -0.03% | -0.01% | -0.01% | 0.00% |
| Rsquared | 0.93% | 0.89% | 0.88% | 0.82% |
| Sharpe | 0.64% | -0.06% | 0.34% | 0.64% |
| Sortino | 1.59% | -0.09% | 0.34% | 0.66% |
| Treynor | 0.05% | -0.01% | 0.03% | 0.05% |
| Tax Efficiency | 91.57% | 68.99% | 87.96% | 89.94% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | January 31, 1988 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAW105 |
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 Funds as well as by investing directly in equity and equity-related securities and, when appropriate, treasury bills, short-term notes, debentures and bonds.
We have defined commitment ranges for various asset classes as follows: Cash 0 – 15%, Bonds 25 – 50%, Equities 45 – 70%. We will analyze the economy and markets with a view to determine which asset classes are more likely to offer attractive risk/return characteristics within a medium to long-term time frame.
| Name | Start Date |
|---|---|
| Steven Visscher | 07-31-2020 |
| Fund Manager | Mawer Investment Management Ltd. |
|---|---|
| Advisor | Mawer Investment Management Ltd. |
| Custodian | State Street Trust Company Canada |
| Registrar | Mawer Investment Management Ltd. |
| Distributor | Mawer Investment Management Ltd. |
| Auditor | KPMG LLP, Chartered Accountants |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.89% |
|---|---|
| Management Fee | 0.78% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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