Mawer Launches New Fund
Results 1 to 10 of 55

Thread: Mawer Launches New Fund

\r\n
\r\n
\r\n
\r\n \r\n
\r\n newfoundlander61\r\n \r\n
\r\n newfoundlander61 is offline\r\n\r\n \r\n
\r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
\r\n
\r\n
Join Date
Feb 2011
\r\n
Location
Kingston, Ontario
\r\n \r\n
Posts
401
\r\n \r\n
\r\n \r\n \r\n \r\n \r\n
\r\n \r\n
\r\n
\r\n \r\n \r\n

\r\n Mawer Launches New Fund\r\n

\r\n \r\n\r\n\r\n \r\n \r\n
\r\n
\r\n
\r\n http://www.mawer.com/our-funds/fund-...-fund-profile/
\r\n
\r\nMawer Emerging Markets Equity Fund\r\n
\r\n
\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
\r\n
\r\n \r\n
\r\n
\r\n
\r\n
\r\n -' + '->\r\n
\r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
\r\n
\r\n
\r\n\r\n'; pd[1449114] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #2\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n dubmac\r\n \r\n
    \r\n dubmac is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n dubmac\'s Avatar\r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Jan 2011
    \r\n
    Location
    Western Canada
    \r\n \r\n
    Posts
    1,060
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n MER is surprisingly high 1.6%!\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449250] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #3\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Nelley\r\n \r\n
    \r\n Nelley is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Aug 2016
    \r\n \r\n \r\n
    Posts
    1,669
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by dubmac\r\n View Post\r\n
    \r\n
    MER is surprisingly high 1.6%!
    \r\n \r\n
    \r\n
    \r\n
    If you are hoping for 7% return from these grifters they are charging you 1.6/7 or 22.8% a year for the honour of giving them your money.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449290] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #4\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n mordko\r\n \r\n
    \r\n mordko is online now\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Jan 2016
    \r\n \r\n \r\n
    Posts
    3,872
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n MER includes various trading costs. They are not charging you 1.6 percent, but the cost is 1.6 percent. Running an active EM fund is more difficult and expensive than running something in N America.
    \n
    \nNot that I am advocating this fund but by Canadian standards it\'s not expensive for EM.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449338] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #5\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Nelley\r\n \r\n
    \r\n Nelley is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Aug 2016
    \r\n \r\n \r\n
    Posts
    1,669
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by mordko\r\n View Post\r\n
    \r\n
    MER includes various trading costs. They are not charging you 1.6 percent, but the cost is 1.6 percent. Running an active EM fund is more difficult and expensive than running something in N America.
    \n
    \nNot that I am advocating this fund but by Canadian standards it\'s not expensive for EM.
    \r\n \r\n
    \r\n
    \r\n
    If you are being charged 1.6% the cost to you is 1.6% divided by your expected return. Slowly the sheep are starting to realize that even a fee like this is huge.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449626] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #6\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n humble_pie\r\n \r\n
    \r\n humble_pie is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n humble_pie\'s Avatar\r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Jun 2009
    \r\n \r\n \r\n
    Posts
    11,815
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by mordko\r\n View Post\r\n
    \r\n
    MER includes various trading costs.
    \r\n \r\n
    \r\n
    \r\n

    \r\nMERs almost never include trading costs such as commissiions for buying & selling the actual holdings of a fund. These are known as TERs. These amounts are not conspicuously set forth in fund literature, although they should be. Normally one finds TERs buried in the footnotes to audited financial statements.
    \r\n
    \r\nTER costs are included in the aggregate cost of securities purchased during the period of a financial statement. They have also been deducted from the aggregate proceeds from disposition of securities during such a period. So far, regulations do not require that these amounts be set forth independently.
    \r\n
    \r\nhowever, actual the ratio of TER costs from the footnotes should be added to MERs in order to arrive at a more accurate picture of a fund\'s total cost.
    \r\n
    \r\n.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    ego borago gaudia semper ago
    \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449314] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #7\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n dubmac\r\n \r\n
    \r\n dubmac is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n dubmac\'s Avatar\r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Jan 2011
    \r\n
    Location
    Western Canada
    \r\n \r\n
    Posts
    1,060
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n I\'m hesitant to describe Mawer as a grifter -
    \ntrue the company is in the business to make $, but for the most part their funds are more reasonable than most. Their Balanced fund costs less that 1% MER - which is close to some expensive ETF\'s.
    \nI can\'t think of any US, Int\'l or emerging Market Funds that charge less than 1.5%. I know that Mawer has it\'s research advisers posted in many different countries, it is likely that the fee is designed to support these teams - (as well as make a profit)\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449354] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #8\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Nelley\r\n \r\n
    \r\n Nelley is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Aug 2016
    \r\n \r\n \r\n
    Posts
    1,669
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by dubmac\r\n View Post\r\n
    \r\n
    I\'m hesitant to describe Mawer as a grifter -
    \ntrue the company is in the business to make $, but for the most part their funds are more reasonable than most. Their Balanced fund costs less that 1% MER - which is close to some expensive ETF\'s.
    \nI can\'t think of any US, Int\'l or emerging Market Funds that charge less than 1.5%. I know that Mawer has it\'s research advisers posted in many different countries, it is likely that the fee is designed to support these teams - (as well as make a profit)
    \r\n \r\n
    \r\n
    \r\n
    I understand these guys have expenses-but to you that should be irrelevant-the bottom line is over the long term are you confident they are going to get you more than 1.6% every year, year in year out, then you will get yourself.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449410] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #9\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n OnlyMyOpinion\r\n \r\n
    \r\n OnlyMyOpinion is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Aug 2013
    \r\n \r\n \r\n
    Posts
    1,932
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Nelley\r\n View Post\r\n
    \r\n
    If you are hoping for 7% return from these grifters they are charging you 1.6/7 or 22.8% a year for the honour of giving them your money.
    \r\n \r\n
    \r\n
    \r\n
    Grifters. That\'s great nelley. After 1,307 posts, I haven\'t seen any comments, much less advice, that belong on a money forum. So I\'ll take this one for what its worth.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449722] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #10\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Eder\r\n \r\n
    \r\n Eder is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Feb 2011
    \r\n \r\n \r\n
    Posts
    1,785
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Nelley\r\n View Post\r\n
    \r\n
    If you are hoping for 7% return from these grifters they are charging you 1.6/7 or 22.8% a year for the honour of giving them your money.
    \r\n \r\n
    \r\n
    \r\n
    They have a pretty good long term record for beating their benchmarks (after MER etc)...check out their performance & get back to me...(I own some Mawer)
    \n
    \nThese guys are the only MF operators that have a clue...\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n \r\n \r\n
    \r\n \r\n Last edited by Eder; 2017-02-01 at 06:09 PM.\r\n \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449778] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #11\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n dubmac\r\n \r\n
    \r\n dubmac is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n dubmac\'s Avatar\r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Jan 2011
    \r\n
    Location
    Western Canada
    \r\n \r\n
    Posts
    1,060
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Eder\r\n View Post\r\n
    \r\n
    These guys are the only MF operators that have a clue...
    \r\n \r\n
    \r\n
    \r\n
    ...I agree. Last year they have a tougher year than the previous 5-7 yrs. I hold Mawer, and will continue to. They have many awards that have been earned, and their MAW104 balanced fund is a darling among some of the financial critics and talking heads.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1449874] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #12\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n GreatLaker\r\n \r\n
    \r\n GreatLaker is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n GreatLaker\'s Avatar\r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2014
    \r\n
    Location
    Toronto, Ontario
    \r\n \r\n
    Posts
    604
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Eder\r\n View Post\r\n
    \r\n
    They have a pretty good long term record for beating their benchmarks (after MER etc)...check out their performance & get back to me...(I own some Mawer)
    \r\n
    \r\nThese guys are the only MF operators that have a clue...
    \r\n \r\n
    \r\n
    \r\n
    Their record of beating their benchmarks is good on Canadian and International equities. But on US equities and bonds they have trailed their own benchmarks. The more efficient the market (bonds and S&P500) the more difficult it is to beat the benchmark and the more significant the MER is. Based on that they should have a fighting chance with their Emerging Markets fund.
    \r\n
    \r\nSteadyhand does not offer a pure US equity fund or a pure bond fund. Instead they have an equity fund that is focused on North America with 60% Canada, 30% US and 10% global, and a separate Global Equity fund. For fixed income they have an Income fund that mixes bonds with dividend stocks and REITs. IMO Steadyhand performance is OK, but not outstanding, and trails my own indexed portfolio.
    \r\n
    \r\nI find that to be quite illustrative, reinforcing the strategy that investors should focus on low cost in very efficient markets.
    \r\n
    \r\nI do own some Maw105 for my mad money.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    Eschew obfuscation. Espouse elucidation
    \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1511898] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #13\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Lenticular\r\n \r\n
    \r\n Lenticular is offline\r\n\r\n \r\n
    \r\n \r\n Junior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2017
    \r\n \r\n \r\n
    Posts
    6
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Nelley\r\n View Post\r\n
    \r\n
    If you are hoping for 7% return from these grifters they are charging you 1.6/7 or 22.8% a year for the honour of giving them your money.
    \r\n \r\n
    \r\n
    \r\n
    Actually this is a very reasonable MER for an emerging market fund. Investors should do very well with this fund as Mawer follows a very strict investing discipline . I invested in their Global Small Cap fund as soon as it was available and have done very well with it.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1512490] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #14\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n caltran\r\n \r\n
    \r\n caltran is offline\r\n\r\n \r\n
    \r\n \r\n Junior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2017
    \r\n \r\n \r\n
    Posts
    20
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Lenticular\r\n View Post\r\n
    \r\n
    Actually this is a very reasonable MER for an emerging market fund. Investors should do very well with this fund as Mawer follows a very strict investing discipline . I invested in their Global Small Cap fund as soon as it was available and have done very well with it.
    \r\n \r\n
    \r\n
    \r\n
    Is it just me or is there no ETF that tracks the Global Small Cap\'s benchmark index?\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1512570] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #15\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n My Own Advisor\r\n \r\n
    \r\n My Own Advisor is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n My Own Advisor\'s Avatar\r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Sep 2012
    \r\n
    Location
    Ottawa
    \r\n \r\n
    Posts
    4,928
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by dubmac\r\n View Post\r\n
    \r\n
    MER is surprisingly high 1.6%!
    \r\n \r\n
    \r\n
    \r\n
    Yuck. That\'s a "no" for me \r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    Hidden Content - Working on a $1 million portfolio and $30k per year from it.
    \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1512914] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #16\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n caltran\r\n \r\n
    \r\n caltran is offline\r\n\r\n \r\n
    \r\n \r\n Junior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2017
    \r\n \r\n \r\n
    Posts
    20
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n Looks like ZEM tracks MAW160\'s benchmark index (MSCI Emerging Markets Index).\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1513018] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #17\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Lenticular\r\n \r\n
    \r\n Lenticular is offline\r\n\r\n \r\n
    \r\n \r\n Junior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2017
    \r\n \r\n \r\n
    Posts
    6
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n caltran..I would bet that MAW160..even with its MER of 1.6..will outperform ZEM by several percentage points. Don\'t believe me? Then just monitor the fund for the next 5 years and watch MAWER\'s investing strategy at work.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1513034] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #18\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n caltran\r\n \r\n
    \r\n caltran is offline\r\n\r\n \r\n
    \r\n \r\n Junior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2017
    \r\n \r\n \r\n
    Posts
    20
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Quote Originally Posted by Lenticular\r\n View Post\r\n
    \r\n
    caltran..I would bet that MAW160..even with its MER of 1.6..will outperform ZEM by several percentage points. Don\'t believe me? Then just monitor the fund for the next 5 years and watch MAWER\'s investing strategy at work.
    \r\n \r\n
    \r\n
    \r\n
    It wouldn\'t surprise me at all. Only developed very large markets are efficient. Everything else is a crapshoot.
    \n
    \nUnless somebody wants to say that the TSXV is efficient.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1513194] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #19\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n james4beach\r\n \r\n
    \r\n james4beach is offline\r\n\r\n \r\n
    \r\n \r\n Super Moderator\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Nov 2012
    \r\n
    Location
    Pacific
    \r\n \r\n
    Posts
    8,290
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n There are some good mutual funds out there, and they can perform well even with high MERs.
    \n
    \nOne example that comes to mind is Beutel Goodman Small Cap (1.49% MER). Its 5 year performance is 9.68% per year. Compare that to the low fee index ETF, iShares XCS, which only returned 2.31%. No contest! I bring up this example because Canadian small caps are another specialized area where a good manager adds value.
    \n
    \nStraying off topic, but the 15 year performance of Beutel Goodman Small Cap is a whopping 10.23% per year. The only thing that repelled me from this fund was the front end load (or is it another load)? Those confuse the heck out of me. It might still be worth holding despite that.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1511890] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #20\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n Lenticular\r\n \r\n
    \r\n Lenticular is offline\r\n\r\n \r\n
    \r\n \r\n Junior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Mar 2017
    \r\n \r\n \r\n
    Posts
    6
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n

    \r\n Mawer Emerging Market Fund MAW160\r\n

    \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n I am trying to invest in this fund through a TD direct account. I am not able to access in this fund...but all the other Mawer funds are available through them. Anyone encountering this?\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; pd[1512042] = '\r\n
  • \r\n\r\n\r\n
    \r\n \r\n \r\n \r\n #21\r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n \r\n
    \r\n canew90\r\n \r\n
    \r\n canew90 is offline\r\n\r\n \r\n
    \r\n \r\n Senior Member\r\n \r\n \r\n \r\n \r\n \r\n \r\n
    \r\n
    \r\n
    Join Date
    Jul 2016
    \r\n
    Location
    Alberta
    \r\n \r\n
    Posts
    169
    \r\n \r\n
    \r\n \r\n \r\n \r\n \r\n
    \r\n \r\n
    \r\n
    \r\n \r\n \r\n\r\n\r\n \r\n \r\n
    \r\n
    \r\n
    \r\n As I have not invested in any International , asian or Emerging markets since I dumped a Financial Advisor who had us in those funds, which never made money, I may not be one to comment. But I\'d say stick to Cdn & US. At least one knows what one is buying.\r\n
    \r\n
    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n
    \r\n
    \r\n \r\n
    \r\n
    \r\n
    \r\n
    \r\n -' + '->\r\n
    \r\n \r\n \r\n \r\n \r\n \r\n Reply With Quote Reply With Quote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n -' + '->\r\n
    \r\n
    \r\n
    \r\n
  • \r\n'; // next/previous post info pn[1448594] = "1512042,1449114"; pn[0] = ",1448594"; pn[1449114] = "1448594,1449250"; pn[1449250] = "1449114,1449290"; pn[1449290] = "1449250,1449338"; pn[1449338] = "1449290,1449418"; pn[1449418] = "1449338,1449626"; pn[1449626] = "1449418,1449658"; pn[1449658] = "1449626,1449314"; pn[1449314] = "1449658,1449354"; pn[1449354] = "1449314,1449394"; pn[1449394] = "1449354,1449410"; pn[1449410] = "1449394,1449722"; pn[1449722] = "1449410,1449778"; pn[1449778] = "1449722,1449794"; pn[1449794] = "1449778,1449874"; pn[1449874] = "1449794,1449906"; pn[1449906] = "1449874,1511898"; pn[1511898] = "1449906,1512490"; pn[1512490] = "1511898,1512570"; pn[1512570] = "1512490,1512914"; pn[1512914] = "1512570,1513018"; pn[1513018] = "1512914,1513034"; pn[1513034] = "1513018,1513194"; pn[1513194] = "1513034,1511890"; pn[1511890] = "1513194,1512042"; pn[1512042] = "1511890,1448594"; // cached usernames pu[0] = guestphrase; pu[31674] = "newfoundlander61"; pu[30799] = "dubmac"; pu[326674] = "Nelley"; pu[317122] = "mordko"; pu[41742] = "Beaver101"; pu[160083] = "OnlyMyOpinion"; pu[1181] = "humble_pie"; pu[282301] = "GreatLaker"; pu[32020] = "Eder"; pu[314201] = "latebuyer"; pu[53917] = "james4beach"; pu[937] = "Spidey"; pu[336130] = "Lenticular"; pu[325689] = "canew90"; pu[31313] = "jargey3000"; pu[336034] = "caltran"; pu[51968] = "My Own Advisor"; pu[15783] = "Eclectic12"; pu[279739] = "getliquid"; // -->

    Threaded View

    1. #19
      Super Moderator
      Join Date
      Nov 2012
      Location
      Pacific
      Posts
      8,290
      There are some good mutual funds out there, and they can perform well even with high MERs.

      One example that comes to mind is Beutel Goodman Small Cap (1.49% MER). Its 5 year performance is 9.68% per year. Compare that to the low fee index ETF, iShares XCS, which only returned 2.31%. No contest! I bring up this example because Canadian small caps are another specialized area where a good manager adds value.

      Straying off topic, but the 15 year performance of Beutel Goodman Small Cap is a whopping 10.23% per year. The only thing that repelled me from this fund was the front end load (or is it another load)? Those confuse the heck out of me. It might still be worth holding despite that.

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •