CALGARY, ALBERTA--(Marketwired - July 17, 2013) - Mawer Investment Management Ltd. ("Mawer") is pleased to announce that it has reduced the management fees for the Mawer Canadian Bond Fund and the Mawer Canadian Money Market Fund.
These fee reductions became effective on June 28, 2013 upon the renewal of Mawer's Simplified Prospectus. The Mawer Canadian Bond Fund class A management fee was lowered from 0.78% to 0.60% and the Mawer Canadian Money Market Fund class A management fee was lowered from 0.48% to 0.40%.
These changes are consistent with Mawer's objective of having fair, competitive fees and providing value added investment management services across its full array of investment solutions.
About Mawer Investment Management Ltd.:
Mawer is an independent investment firm managing portfolios for a broad range of foundations and not-for-profit organizations, corporate pension plans, strategic alliances and private individuals for 39 years. The Firm manages in excess of $16 billion across all major asset classes.
Contact Information:
Tanya Ellston
Manager of Mutual Fund Services
(403) 267-1988