We are pleased to announce that we have recently launched our US Mid Cap fund offering!
The 8 biggest stocks in the S&P 500 make up over 20% of its total market cap – as much as the combined market cap of the bottom 394 companies in the index.
Unlike their large-cap counterparts, most mid-cap companies aren’t household names, and tend to be overlooked by investors and analysts. At the same time, they’re likely to be more established and profitable than small-cap firms, so they have a history of lower volatility. They can also offer significant pricing power, helping them power through inflationary environments.
Now, the ground is shifting as overcrowded trades, rising rates, sustained inflation, and geopolitical developments introduce new risks to client portfolios. Considering these challenges, there is the opportunity to engage with clients and reposition portfolios for success by diversifying into U.S. mid-caps, getting protection from the challenges of today and exposure to the mega-caps of tomorrow.
We’ve partnered once again with Mawer Investment Management, an established leader in equity investing, including mid-caps, to bring clients this opportunity. Through their time-tested security selection process, Mawer can actively seek out companies with just the right balance of stability and growth potential.
Please find registration details below for our upcoming call with Jeff Mo, head PM of the US Mid Cap fund. If you have further questions or comments, please let us know!
Manulife US Mid Cap Equity Fund
- Fund Landing Page
- US Mid Cap Equity Fund Profile MF | USD
- US Mid Cap Equity Fund Profile SF (Will become available on May 24th in GIF Select InvestmentPlus and MPIP Segregated Pools)
- Managed by Mawer Investment Management and award winning portfolio manager, Jeff Mo.
Why the US Mid-Cap Equity fund now?
- U.S. mid-caps have historically offered a better risk/reward trade-off (Sharpe ratio) as compared to the broader S&P 500.
- Mid-caps have historically outperformed large/mega cap stocks during inflationary periods.
- Mid-cap exposure gives you the opportunity to pick the potential future large/mega cap stocks of tomorrow, at a lower price today.
Portfolio Manager Biography: Jeff Mo
- Jeff Mo is a portfolio manager at Mawer Investment Management Ltd., which he joined in 2008. He is the manager of Mawer's Canadian Small Cap Strategy as well as the Mawer U.S. Mid Cap Equity Strategy.
- In December of 2014, Mr. Mo won the prestigious Domestic Equity Fund Manager of the Year award at the 20th annual Morningstar Awards. The Mawer New Canada Fund has also been recognized by the Morningstar Awards as best Canadian Small/Mid Cap Equity Fund on numerous occasions over the past decade.
- Mr. Mo received his Bachelor of Business Administration (Honours) from the Richard Ivey School of Business and also attended the School of Economics and Management, Tsinghua University, in Beijing, China. He is a Chartered Financial Analyst charterholder and a member of the CFA Society Calgary, and serves on the board of Wycliffe Canada.
How much overlap is there between this strategy and Manulife US Equity fund?
- As of March 31, 2022, there are 11 common holdings between the two funds. Another way to look at it is 16% of the holdings in Manulife U.S. Equity Fund can be found in Manulife U.S. Mid-Cap Equity Fund
Mawer US Mid Cap Equity Fund Launch
May 19th @ 10 AM PST
Join us for a live virtual event with Kevin Headland, Co Chief Investment Strategist, and Jeff Mo, CFA, Mawer Investment Management as we introduce the new Manulife U.S. Mid-Cap Equity Fund. We’re thrilled to be partnering once again with Mawer Investment Management as our long-standing partner and an established leader in SMID cap equities.