Mawer Investment Management’s Q4 2022 Investor Letter

Mawer Investment Management, an investment management firm, released its fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The equity funds of the firm delivered positive returns in the fourth quarter. Its International Equity Fund returned 12.6% compared to a 12.7% return for the International Equity Benchmark, U.S. Equity Fund returned 8.7% compared to a 6.1% return for the S&P 500 Index (TR), U.S. Mid Cap Equity Fund returned 7.0% compared to a 7.7% return for the Russell Midcap Index (TR), Global Equity Fund returned 8.6% compared to a 8.2% return for the Global Equity Benchmark, and Global Small Cap Fund returned 11.1% compared to an 8.9% return for the Global Small Cap Benchmark. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.