The funds top holding at 31 Dec 2020 was cash. Maybe that is what got put to use.
Mawer Global Small Cap Fund | Fund Profile - Mawer
Im not sure if it is a second fund or not by Mawer. The first sph notice was from the parent - Mawer Investment Management Ltd..
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- Ann: SPH Notice - Mawer Global Small Cap Fund
Ann: SPH Notice - Mawer Global Small Cap Fund, page-3
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