Mawer Investment Management’s Q2 2021 Investor Letter

Mawer Investment Management, an investment management firm, published its second-quarter 2021 investor letter – a copy of which can be downloaded here. A return of 3.5% was recorded by the Mawer International Equity Fund for the second quarter of 2021, trailing the International Equity Benchmark, which returned 3.9% for the same period. On the other hand, the Mawer U.S. Equity Fund delivered a 5.7% return, trailing the S&P 500 Index’s 6.9% return for the second quarter.  You can take a look at the fund’s top 5 holdings to have an idea about their top bets for 2021.