Quarterly Update | Q2 2026 | EP 221
July 15, 2026
27 Mins
Mawer Global Equity Fund
As at June 30, 2026
Morningstar Rating™
starstar
(As at June 30, 2026)
Series Start Date:
Oct 22, 2009
Fund Net Asset Value:
$4,991.00 million
Total Net Asset Value (Series F):
$719.50 million
Related Links
The Odyssey, the AI Trade, and Concentration Risk | EP 219
July 2, 2026
30 Mins
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What Does this Fund Invest In?
The Fund invests in equity securities of companies from around the world. The Manager will allocate capital to the best global opportunities, which may include both large and small capitalization companies. Treasury bills or short-term investments, not exceeding three years to maturity will also be used.
Investor Suitability
Investors seeking long-term, above-average growth who can tolerate equity volatility. Medium risk.
Investment Strategy
In order to achieve its investment objectives, the Manager systematically creates a broadly diversified portfolio of wealth-creating companies with excellent management teams bought at discounts to their intrinsic values. The Manager employs a highly disciplined, research-driven, bottom-up process and long-term holding period to allow for investor recognition or corporate growth, and to minimize transaction costs.
Top Holdings
| Top Holdings | Weight (%) |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 5.8 |
| Alphabet Inc | 4.9 |
| SK hynix Inc | 4.8 |
| Amazon.com Inc | 3.5 |
| NVIDIA Corp | 3.4 |
| Microsoft Corp | 3.3 |
| Visa Inc | 3.1 |
| Cash and Cash Equivalents | 2.9 |
| Berkshire Hathaway Inc | 2.5 |
| Meta Platforms Inc | 2.3 |
| Shell PLC ADR | 2.2 |
| Wells Fargo & Co | 2.1 |
| Marsh & McLennan Cos Inc | 1.9 |
| Roche Holding AG | 1.9 |
| Bunzl PLC | 1.8 |
| Tencent Holdings Ltd | 1.7 |
| Cencora Inc | 1.7 |
| Orkla ASA | 1.6 |
| Northrop Grumman Corp | 1.6 |
| JPMorgan Chase & Co | 1.6 |
| Waters Corp | 1.6 |
| MediaTek Inc | 1.5 |
| KDDI Corp | 1.4 |
| DNB Bank ASA | 1.4 |
| Kioxia Holdings Corp | 1.4 |
Equity Sector Weights
Portfolio
Global Equity Benchmark
Communication Services
Consumer Discretionary
Consumer Staples
Energy
Financials
Health Care
Industrials
Information Technology
Materials
Real Estate
Utilities
Cash and Cash Equivalents
Regional Weights
Portfolio
Global Equity Benchmark
Asia Pacific Ex. Japan
Canada
Emerging Markets
Europe Ex. U.K.
Japan
Latin America
Middle East/Africa
United Kingdom
United States
Cash & Cash Equivalents
Emerging Markets
Related Links
Quarterly Update | Q2 2026 | EP 221
July 15, 2026
27 Mins
The Odyssey, the AI Trade, and Concentration Risk | EP 219
July 2, 2026
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Disclaimers