Mawer Announces Fund Name Changes

CALGARY, ALBERTA--(Marketwire - July 3, 2012) - Effective immediately Mawer Investment Management Ltd. is changing the names of three of its mutual funds to provide more accurate descriptions of the actual mandates. This does not change the Funds' investment strategies or objectives in any way.

The new Fund names are:

• Mawer International Equity Fund (formerly the Mawer World Investment Fund)
• Mawer Balanced Fund (formerly the Mawer Canadian Balanced Retirement Savings Fund)
• Mawer Tax Effective Balanced Fund (formerly the Mawer Canadian Diversified Investment Fund)

Mawer is an independent, employee owned investment manager. It has a staff of 87 and manages approximately $12.1 billion for a broad range of foundations and not-for- profit organizations, corporate pension plans, strategic alliances with other financial service companies, and private investors.