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Canadian Fixed Income
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|
NAVPS (01-17-2025) |
$9.71 |
|---|---|
| Change |
$0.02
(0.22%)
|
As at December 31, 2024
As at October 31, 2024
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Inception Return (October 22, 2018): 1.20%
| 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 | -0.65% | 0.18% | 4.44% | 3.84% | 3.84% | 4.43% | -1.39% | -1.90% | 0.10% | 0.94% | - | - | - | - |
| Benchmark | -0.52% | -0.10% | 4.43% | 4.10% | 4.10% | 5.24% | -0.65% | -1.17% | 0.71% | 1.73% | 1.67% | 1.79% | 1.77% | 1.95% |
| Category Average | -0.81% | -0.34% | 4.10% | 3.67% | 3.67% | 4.91% | -1.12% | -1.54% | 0.33% | 1.29% | 1.05% | 1.17% | 1.21% | 1.20% |
| Category Rank | 233 / 663 | 168 / 659 | 352 / 642 | 455 / 626 | 455 / 626 | 540 / 601 | 509 / 586 | 498 / 556 | 436 / 525 | 432 / 495 | - | - | - | - |
| Quartile Ranking | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | - | - | - | - |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.24% | -0.47% | 0.56% | -2.09% | 1.66% | 1.04% | 2.04% | 0.40% | 1.77% | -0.68% | 1.52% | -0.65% |
| Benchmark | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% | -1.07% | 1.51% | -0.52% |
3.96% (April 2020)
-3.56% (April 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 5.25% | 8.54% | -3.42% | -12.08% | 5.03% | 3.84% |
| Benchmark | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% |
| Category Average | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.67% |
| Quartile Ranking | - | - | - | - | 4 | 2 | 4 | 3 | 4 | 3 |
| Category Rank | - | - | - | - | 429/ 495 | 255/ 525 | 484/ 556 | 355/ 586 | 579/ 601 | 455/ 626 |
8.54% (2020)
-12.08% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 42.33 |
| Canadian Government Bonds | 34.08 |
| Foreign Corporate Bonds | 10.15 |
| Cash and Equivalents | 7.48 |
| Foreign Government Bonds | 4.46 |
| Other | 1.50 |
| Name | Percent |
|---|---|
| Fixed Income | 92.29 |
| Cash and Cash Equivalent | 7.48 |
| Financial Services | 0.11 |
| Consumer Goods | 0.06 |
| Utilities | 0.03 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| North America | 96.38 |
| Asia | 2.77 |
| Europe | 0.48 |
| Latin America | 0.32 |
| Africa and Middle East | 0.02 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| Canada Government 3.00% 01-Jun-2034 | 4.77 |
| Canada Housing Trust No 1 1.25% 15-Jun-2026 | 4.04 |
| Canada Government 2.75% 01-Dec-2055 | 3.15 |
| Quebec Province 4.40% 01-Dec-2055 | 3.02 |
| Ontario Province 4.15% 02-Jun-2034 | 2.54 |
| New Zealand Government 3.50% 14-Apr-2033 | 2.40 |
| Quebec Province 4.20% 01-Dec-2057 | 2.37 |
| Cash and Cash Equivalents | 1.91 |
| Ontario Province 3.80% 02-Dec-2034 | 1.57 |
| TransCanada Trust 4.65% 18-May-2027 | 1.48 |
Canada Life Canadian Core Plus Fixed Income Fund Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 6.70% | 6.00% | - |
|---|---|---|---|
| Beta | 0.92% | 0.91% | - |
| Alpha | -0.01% | -0.01% | - |
| Rsquared | 0.93% | 0.94% | - |
| Sharpe | -0.72% | -0.34% | - |
| Sortino | -0.81% | -0.61% | - |
| Treynor | -0.05% | -0.02% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.64% | 6.70% | 6.00% | - |
| Beta | 0.76% | 0.92% | 0.91% | - |
| Alpha | 0.01% | -0.01% | -0.01% | - |
| Rsquared | 0.73% | 0.93% | 0.94% | - |
| Sharpe | -0.11% | -0.72% | -0.34% | - |
| Sortino | 0.28% | -0.81% | -0.61% | - |
| Treynor | -0.01% | -0.05% | -0.02% | - |
| Tax Efficiency | 74.47% | - | - | - |
| Start Date | October 22, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $107 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX1260 |
The Fund seeks to provide a steady flow of income by investing primarily in Canadian government and corporate fixed income instruments and asset-backed securities with maturities of more than one year. Preservation of capital is an important factor in the selection of portfolio investments. 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.
The Fund may invest up to 40% of its assets in securities that have a credit rating below “BBB-” as rated by a recognized credit rating organization and intends to maintain an average credit rating of “BBB-” or higher. The Fund may also invest in unrated debt instruments and preferred shares.
| Name | Start Date |
|---|---|
| Mackenzie Financial Corporation | 07-21-2022 |
| Canada Life Investment Management Ltd. | 12-08-2022 |
| 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 | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.69% |
|---|---|
| Management Fee | 1.35% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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