Fund seeks to provide exposure to select large-cap companies in developed countries outside North America
Mawer Investment Management has unveiled a new fund that aims to provide access to select large-cap opportunities outside North America.
Using a systematic, disciplined, and bottom-up investment approach, the Mawer EAFE Large Cap Fund seeks to provide attractive, long-term, risk-adjusted returns over a full economic cycle. It does this by making investments in larger companies domiciled in developed countries outside Canada and the U.S., primarily in Europe, Australasia, and the Far East.
“The launch of this Fund has really been a natural evolution for us,” said David Ragan, director and portfolio manager at Mawer. “We have decades of experience analyzing companies and building relationships within international equity markets. Combining this long history of knowledge with our time-tested investment approach just seemed like the next, fitting solution to bring to our clients.”
As manager of the new Mawer EAFE Large Cap Fund, Ragan brings to the table his experience as lead manager of the Mawer International Equity Fund, which has received multiple awards since its launch in 1987.
Unlike the International Equity Fund, the new EAFE Large Cap Fund is restricted to large-cap companies in developed markets. That means the new fund can provide convenient diversification beyond North America while removing the volatility typical among small- to mid-cap companies or emerging-market economies.
