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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
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|
NAVPS (12-06-2024) |
$9.68 |
|---|---|
| Change |
$0.06
(0.64%)
|
As at October 31, 2024
As at August 31, 2024
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Inception Return (December 07, 2015): 3.74%
| 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 | -0.36% | 1.73% | 8.08% | 11.20% | 18.06% | 11.50% | 3.88% | 5.22% | 3.35% | 4.19% | 3.28% | 3.76% | - | - |
| Benchmark | 0.21% | 2.39% | 9.50% | 14.01% | 22.16% | 14.87% | 4.91% | 6.20% | 6.36% | 7.25% | 6.28% | 6.58% | 6.60% | 7.43% |
| Category Average | -0.44% | 1.92% | 7.82% | 10.43% | 19.47% | 11.21% | 3.06% | 6.10% | 5.22% | 5.85% | 4.75% | 5.15% | 5.03% | 4.93% |
| Category Rank | 1,114 / 1,718 | 1,180 / 1,716 | 829 / 1,693 | 797 / 1,682 | 1,284 / 1,671 | 857 / 1,621 | 642 / 1,484 | 993 / 1,348 | 1,185 / 1,274 | 1,086 / 1,193 | 951 / 1,058 | 808 / 934 | - | - |
| Quartile Ranking | 3 | 3 | 2 | 2 | 4 | 3 | 2 | 3 | 4 | 4 | 4 | 4 | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.27% | 1.81% | 0.95% | 2.09% | 1.83% | -1.95% | 1.80% | 1.91% | 2.41% | 0.80% | 1.29% | -0.36% |
| Benchmark | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% |
5.77% (November 2020)
-7.38% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 3.57% | 5.44% | -1.13% | 9.22% | 1.33% | 6.18% | -10.56% | 8.84% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | 3 | 4 | 1 | 4 | 4 | 4 | 2 | 3 |
| Category Rank | - | - | 589/ 862 | 738/ 946 | 209/ 1,087 | 1,148/ 1,209 | 1,255/ 1,291 | 1,205/ 1,374 | 747/ 1,511 | 1,061/ 1,629 |
9.22% (2019)
-10.56% (2022)
| Name | Percent |
|---|---|
| US Equity | 33.18 |
| International Equity | 21.96 |
| Foreign Government Bonds | 21.07 |
| Foreign Corporate Bonds | 8.96 |
| Canadian Corporate Bonds | 5.96 |
| Other | 8.87 |
| Name | Percent |
|---|---|
| Fixed Income | 40.33 |
| Technology | 13.36 |
| Financial Services | 8.22 |
| Healthcare | 7.42 |
| Consumer Goods | 6.07 |
| Other | 24.60 |
| Name | Percent |
|---|---|
| North America | 67.67 |
| Europe | 21.94 |
| Asia | 6.73 |
| Latin America | 1.33 |
| Africa and Middle East | 0.82 |
| Other | 1.51 |
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | 3.49 |
| Cash and Cash Equivalents | 3.39 |
| Mackenzie Global Corporate Fixed Income Fund A | 2.88 |
| Microsoft Corp | 2.52 |
| Apple Inc | 2.32 |
| United Kingdom Government 0.88% 31-Jul-2033 | 2.24 |
| United States Treasury 4.25% 30-Jun-2029 | 2.23 |
| Canada Government 3.25% 01-Dec-2033 | 2.04 |
| United States Treasury 3.50% 15-Feb-2033 | 2.01 |
| Mackenzie Floating Rate Income ETF (MFT) | 1.66 |
Canada Life Global Strategic Income Fund A Series
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.58% | 8.60% | - |
|---|---|---|---|
| Beta | 0.90% | 0.97% | - |
| Alpha | 0.00% | -0.03% | - |
| Rsquared | 0.89% | 0.85% | - |
| Sharpe | 0.08% | 0.16% | - |
| Sortino | 0.19% | 0.11% | - |
| Treynor | 0.01% | 0.01% | - |
| Tax Efficiency | 84.92% | 84.18% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.26% | 8.58% | 8.60% | - |
| Beta | 0.83% | 0.90% | 0.97% | - |
| Alpha | 0.00% | 0.00% | -0.03% | - |
| Rsquared | 0.90% | 0.89% | 0.85% | - |
| Sharpe | 2.32% | 0.08% | 0.16% | - |
| Sortino | 6.07% | 0.19% | 0.11% | - |
| Treynor | 0.15% | 0.01% | 0.01% | - |
| Tax Efficiency | 97.59% | 84.92% | 84.18% | - |
| Start Date | December 07, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $169 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX1237 | ||
| MAX1337 | ||
| MAX1437 |
The Fund seeks to provide current income with the potential for longterm growth by investing primarily in fixed income and/or incomeoriented equity investments from issuers anywhere in the world. The Fund will pursue this objective by investing in securities directly and/or by investing in mutual fund securities. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at meeting of the Fund’s investors called for that purpose.
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. The Fund will generally invest 30% to 70% of its assets in any one asset class but may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.
| Name | Start Date |
|---|---|
| Mackenzie Financial Corporation | 08-06-2021 |
| Canada Life Investment Management Ltd. | 08-06-2021 |
| Fund Manager | Canada Life Investment Management Ltd. |
|---|---|
| Advisor | Canada Life Investment Management Ltd. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Mackenzie Financial Corporation |
| Distributor | Quadrus Investment Services Limited |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.32% |
|---|---|
| Management Fee | 1.85% |
| 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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