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Mawer Balanced Fund Series A
Global Neutral Balanced
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FundGrade C
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
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FundGrade A+® Rating Recipient
2021, 2020, 2019, 2018, 2017
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|
NAVPS (05-13-2026) |
$39.40 |
|---|---|
| Change |
-$0.03
(-0.07%)
|
As at April 30, 2026
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (March 31, 1988): 8.04%
| 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 | 3.15% | 1.82% | 2.06% | 3.10% | 10.62% | 10.48% | 9.12% | 8.12% | 5.30% | 6.85% | 6.21% | 6.54% | 6.19% | 6.81% |
| Benchmark | 3.53% | 2.14% | 1.68% | 3.20% | 15.84% | 13.40% | 11.99% | 10.53% | 7.11% | 7.76% | 7.21% | 7.34% | 6.84% | 7.83% |
| Category Average | 3.31% | 1.98% | 3.29% | 3.22% | 14.33% | 11.42% | 9.80% | 7.87% | 5.66% | 7.47% | 6.07% | 6.01% | 5.56% | 6.11% |
| Category Rank | 1,013 / 1,777 | 1,123 / 1,774 | 1,253 / 1,748 | 990 / 1,759 | 1,482 / 1,733 | 1,169 / 1,640 | 1,102 / 1,584 | 891 / 1,561 | 988 / 1,382 | 909 / 1,283 | 689 / 1,239 | 508 / 1,110 | 386 / 935 | 362 / 872 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.05% | 0.97% | 0.23% | 1.04% | 1.85% | 0.99% | -0.39% | -0.62% | 1.26% | 2.48% | -3.68% | 3.15% |
| Benchmark | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% |
Best Monthly Return Since Inception
5.90% (April 2020)
Worst Monthly Return Since Inception
-9.53% (August 1998)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.16% | 10.00% | -0.30% | 15.00% | 10.62% | 9.30% | -12.46% | 10.14% | 10.94% | 9.17% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 4 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 4 | 3 |
| Category Rank | 649/ 842 | 104/ 919 | 136/ 1,065 | 205/ 1,178 | 243/ 1,267 | 670/ 1,354 | 1,116/ 1,496 | 693/ 1,584 | 1,340/ 1,632 | 985/ 1,686 |
Best Calendar Return (Last 10 years)
15.00% (2019)
Worst Calendar Return (Last 10 years)
-12.46% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 24.60 |
| Canadian Equity | 20.18 |
| US Equity | 17.09 |
| Canadian Government Bonds | 15.86 |
| Canadian Corporate Bonds | 13.06 |
| Other | 9.21 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 32.37 |
| Financial Services | 14.64 |
| Technology | 12.55 |
| Industrial Goods | 7.09 |
| Cash and Cash Equivalent | 5.30 |
| Other | 28.05 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 73.48 |
| Europe | 11.74 |
| Asia | 11.25 |
| Latin America | 1.29 |
| Africa and Middle East | 0.37 |
| Other | 1.87 |
Top Holdings
| Name | Percent |
|---|---|
| Mawer Canadian Bond Fund Series O | 29.66 |
| Mawer International Equity Fund Series O | 19.26 |
| Mawer Canadian Equity Fund Series O | 17.09 |
| Mawer U.S. Equity Fund Series O | 12.06 |
| Mawer Global Small Cap Fund Series O | 5.72 |
| Mawer Global Credit Opportunities Fund Series O | 5.21 |
| Mawer U.S. Mid Cap Equity Fund Series O | 3.48 |
| Mawer New Canada Fund Series O | 3.36 |
| Mawer Emerging Markets Equity Fund Series O | 2.76 |
| Canadian Treasury Bill | 1.33 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mawer Balanced Fund Series A
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.95% | 8.34% | 7.68% |
|---|---|---|---|
| Beta | 0.92 | 0.94 | 0.97 |
| Alpha | -0.02 | -0.01 | -0.01 |
| Rsquared | 0.84% | 0.87% | 0.85% |
| Sharpe | 0.77 | 0.32 | 0.65 |
| Sortino | 1.49 | 0.44 | 0.76 |
| Treynor | 0.06 | 0.03 | 0.05 |
| Tax Efficiency | 87.14% | 81.87% | 88.79% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.49% | 6.95% | 8.34% | 7.68% |
| Beta | 0.86 | 0.92 | 0.94 | 0.97 |
| Alpha | -0.03 | -0.02 | -0.01 | -0.01 |
| Rsquared | 0.84% | 0.84% | 0.87% | 0.85% |
| Sharpe | 1.22 | 0.77 | 0.32 | 0.65 |
| Sortino | 1.80 | 1.49 | 0.44 | 0.76 |
| Treynor | 0.09 | 0.06 | 0.03 | 0.05 |
| Tax Efficiency | 87.12% | 87.14% | 81.87% | 88.79% |
Fundata ESG Metrics
Fundata ESG Score
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.
Fundata E Score
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.
Fundata S Score
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.
Fundata G Score
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.
Fund Details
| Start Date | March 31, 1988 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAW104 |
Investment Objectives
The investment objective of the Mawer Balanced Fund is to achieve above-average long-term returns from income and capital gains. 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 fixed-income securities such as treasury bills, short-term notes, debentures, and bonds.
Investment Strategy
We will analyze the economy and markets with a view to determine which of the asset classes are more likely to offer attractive risk/return characteristics within a medium to long-term time frame. We have determined that radical shifts in asset mix expose unitholders to increased risk. We believe that incremental shifts in asset mix are more desirable. We have defined commitment ranges for various asset classes as follows: Cash 0 - 15%, Bonds 25 - 50%, Equities 45 - 70%.
Portfolio Management
| Portfolio Manager |
Mawer Investment Management Ltd.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mawer Investment Management Ltd. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
International Financial Data Services (Canada) Ltd |
| Distributor |
Mawer Investment Management Ltd. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.91% |
|---|---|
| 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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