New Mawer fund targets mid-cap companies

Calgary-based Mawer Investment Management Ltd. launched a new fund on Tuesday.

The Mawer U.S. Mid Cap Equity Fund gives investors access to opportunities in companies in the United States with markets caps that are generally below $60 billion.

The fund is managed by Jeff Mo and aims to provide investors with above-average, risk‐adjusted returns over the long-term using the firm’s bottom-up investing approach, a release said.

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