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Canada Life Global Resources Fund A Series

Natural Resources Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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NAVPS
(06-13-2024)
$22.29
Change
-$0.45 (-1.97%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Canada Life Global Resources Fund A Series

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Fund Returns

Inception Return (August 09, 2002): 7.40%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.34% 12.09% 11.25% 11.55% 20.24% 4.82% 15.11% 26.01% 17.58% 8.41% 8.57% 7.85% 6.09% 3.08%
Benchmark 4.69% 19.96% 16.43% 17.74% 21.90% 3.25% 11.43% 13.57% 10.93% 7.13% 6.36% 6.19% 4.67% 2.90%
Category Average 2.46% 12.79% 12.79% 11.69% 19.98% 4.27% 12.51% 21.75% 14.48% 7.38% 7.67% 7.10% 5.35% 2.56%
Category Rank 80 / 116 95 / 116 93 / 116 93 / 116 89 / 115 96 / 115 68 / 110 51 / 108 53 / 108 75 / 107 69 / 100 62 / 95 58 / 84 55 / 78
Quartile Ranking 3 4 4 4 4 4 3 2 2 3 3 3 3 3

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 4.46% 6.46% -1.71% -1.90% -0.61% 1.41% -0.27% -3.14% 2.75% 7.00% 2.36% 2.34%
Benchmark 1.78% 5.23% 0.19% -2.98% -2.12% 2.75% -1.11% -2.35% 0.51% 10.75% 3.47% 4.69%

Best Monthly Return Since Inception

31.78% (April 2020)

Worst Monthly Return Since Inception

-30.83% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -16.54% -22.75% 51.57% -10.26% -22.56% 8.43% 3.29% 46.32% 16.72% 3.95%
Benchmark -5.59% -23.78% 36.74% -1.69% -15.86% 20.06% -7.01% 21.57% 12.86% -0.78%
Category Average -12.08% -22.23% 40.92% -2.18% -21.77% 9.95% 5.03% 32.84% 13.19% 2.62%
Quartile Ranking 4 3 2 4 3 4 3 2 3 2
Category Rank 61/ 75 56/ 79 33/ 91 92/ 96 67/ 106 83/ 108 71/ 108 36/ 109 62/ 111 47/ 115

Best Calendar Return (Last 10 years)

51.57% (2016)

Worst Calendar Return (Last 10 years)

-22.75% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 52.35
International Equity 32.70
US Equity 12.47
Cash and Equivalents 0.94
Commodities 0.66
Other 0.88

Sector Allocation

Sector Allocation
Name Percent
Energy 49.87
Basic Materials 31.55
Industrial Goods 4.07
Real Estate 2.92
Utilities 2.14
Other 9.45

Geographic Allocation

Geographic Allocation
Name Percent
North America 66.12
Europe 22.00
Latin America 6.85
Africa and Middle East 2.27
Asia 2.04
Other 0.72

Top Holdings

Top Holdings
Name Percent
Shell PLC - ADR 4.70
Tourmaline Oil Corp 4.42
Advantage Energy Ltd 4.17
TotalEnergies SE - ADR 3.91
Whitecap Resources Inc 2.95
ARC Resources Ltd 2.86
BP PLC - ADR 2.75
Interfor Corp 2.42
Petroleo Brasileiro SA Petrobras - ADR 2.37
Canadian Natural Resources Ltd 2.25

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Canada Life Global Resources Fund A Series

Median

Other - Natural Resources Equity

3 Yr Annualized

Standard Deviation 16.42% 25.52% 23.15%
Beta 0.83% 1.10% 1.08%
Alpha 0.05% 0.06% 0.01%
Rsquared 0.81% 0.85% 0.81%
Sharpe 0.77% 0.69% 0.18%
Sortino 1.13% 1.01% 0.17%
Treynor 0.15% 0.16% 0.04%
Tax Efficiency 92.87% 92.86% 82.18%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.32% 16.42% 25.52% 23.15%
Beta 0.71% 0.83% 1.10% 1.08%
Alpha 0.04% 0.05% 0.06% 0.01%
Rsquared 0.74% 0.81% 0.85% 0.81%
Sharpe 1.26% 0.77% 0.69% 0.18%
Sortino 3.53% 1.13% 1.01% 0.17%
Treynor 0.20% 0.15% 0.16% 0.04%
Tax Efficiency 91.37% 92.87% 92.86% 82.18%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date August 09, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $465

Fund Codes

FundServ Code Load Code Sales Status
MAX7828
MAX7928
MAX8028

Investment Objectives

The Fund will pursue long-term capital growth primarily from investment in shares of companies operating anywhere in the world in the energy and natural resource industries. At least three different countries will usually be represented in the Fund’s overall portfolio holdings. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.

Investment Strategy

The investment approach follows various strategies including: investing in companies expected to increase shareholder value through successful exploration and development; seeking out leading companies that typically have lower costs, lower debt and/or outstanding assets; taking advantage of commodity prices and emphasizing natural resource sectors and/or individual companies which are out of favour but offer recovery potential over a 1 to 3-year period.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 11-30-2022
Canada Life Investment Management Ltd. 11-30-2022

Management and Organization

Fund Manager Canada Life Investment Management Ltd.
Advisor Canada Life Investment Management Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor Quadrus Investment Services Limited
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 0

Fees

MER 2.57%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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