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The following six Mawer Mutual Funds pay a monthly income distribution (on the last business day of the month):

  • Global Balanced Fund
  • Balanced Fund
  • Tax Effective Balanced Fund
  • Global Credit Opportunities Fund
  • Canadian Bond Fund
  • Canadian Money Market Fund

Please note: This distribution is comprised of any interest and dividends earned by the fund for that particular month. Should the fund not accrue income in excess of the fund’s management expense ratio, it will not trigger a distribution for that month.

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.

View Mawer's FAQ on distributions

Learn more about how mutual fund distributions work

2024 Year-End Distribution Dates

Record Date*: Tuesday, December 17th
Payment Date: Wednesday, December 18th

*If you are a unit holder of a Mawer Mutual Fund, or have placed a trade purchasing a Mawer Mutual Fund on this date, you will receive the distribution. Income per unit distributions are comprised of Interest Income, Dividends, Foreign Income and Foreign Taxes. A breakdown of these factors will be published below when they become available in mid-January 2025.

December 15th Distributions:

Year-End Distributions
Filter:
Month-End Distributions
Disclaimers

Mutual fund distributions are by default re-invested, thereby purchasing additional units. A unitholder can opt to receive their distribution paid in cash.

The net effect of reinvested distributions is that the price of the fund will decline by the amount of the distribution, and additional units will be acquired by the unitholder which are equivalent in value to the amount of the distribution. The difference between the pre- and post-distribution fund price may be slightly different from the value of the distribution, due to fluctuations in the market value of the fund's holdings.

Past distributions are not indicative of future trends. The classification of distributions such as dividends, other income, capital gains etc. for each period will be reported only after the Fund's tax year end.  Please consult your tax professional or financial adviser for more information regarding your tax situation.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus and fund facts before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mawer Canadian mutual funds are managed by Mawer Investment Management Ltd. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. Canadian mutual funds may not be available to non-Canadian investors.

Example:
Pre-distribution holdings of 100 units in a fund that is valued at $10.00/unit for a total value of $1,000 
The fund pays a distribution of $0.10/unit so the price will drop to $9.90 following the distribution ($990)

1.01 units in the fund ($0.10/$9.90) will be re-invested so the value of your investment remains unchanged (101.01 units x $9.90/unit = $1,000)

Mawer Mutual Funds do not have trailing commissions. If you purchased units of the Mawer Mutual Funds through a third-party dealer, you may be subject to commissions or additional sales charges. Please contact your dealer for more information.