text: You beat me to it!!!  I don't own Mawer funds, but have owned EdgePoint since inception (and Cymbria).  But to your main point -- totally flawed "analysis".  Another excellent fund is PH&N Hi Yield Bond for those looking for a fixed income position.  I fully understand that it's returns last year were an aberration, but I think the 10 year return is around 6.5% -- net of fees, of course.