Are Mawer funds good?
A good balanced fund option is the Mawer Balanced Fund (5-stars, 0.92% MER). A Morningstar rating of four or five stars indicates better historical performance compared to most other mutual funds in a similar category. Vanguard is well-known in Canada for its index ETFs.
Do Mawer funds pay dividends?
With the exception of the Mawer Canadian Money Market Fund, all of the Mawer Mutual Funds pay a year-end distribution. This distribution payout will be comprised of net income and net realized capital gains. In December, the Mawer Canadian Money Market Fund will pay the normal monthly distribution at month-end.
How do I get Mawer Balanced Fund?
Mawer Mutual Funds can be purchased via an investment advisor or through a discount brokerage for a minimum of $5,000 per fund, per account. Learn more about the different ways to invest here. What are TERs? The Trading Expense Ratio (TER) is a measure of the fund's trading costs.
How much money does Mawer manage?
Founded in 1974, Mawer Investment Management Ltd. (pronounced "more") is a privately owned, independent investment firm, managing approximately $97 billion in assets for individual and institutional investors across all major asset classes.