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Canada Life Global Core Plus Bond Fund A
Global Core Plus Fixd Inc
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FundGrade D
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|
NAVPS (07-10-2026) |
$8.75 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (October 22, 2018): 0.68%
| 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 | 0.56% | 0.73% | 0.32% | 0.32% | 2.11% | 2.48% | 2.41% | 2.22% | -0.05% | -0.39% | 0.19% | - | - | - |
| Benchmark | 2.33% | 2.30% | 3.01% | 3.01% | 4.23% | 6.28% | 5.48% | 4.33% | 0.79% | -0.67% | 0.66% | 1.23% | 1.38% | 1.01% |
| Category Average | 0.48% | 1.51% | 1.10% | 1.10% | - | - | - | - | - | - | - | - | - | - |
| Category Rank | 184 / 371 | 339 / 369 | 318 / 369 | 318 / 369 | 279 / 362 | 327 / 348 | 298 / 319 | 271 / 300 | 184 / 270 | 179 / 240 | 167 / 208 | - | - | - |
| Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.14% | 0.63% | 1.04% | 0.78% | 0.44% | -0.98% | 0.16% | 1.53% | -2.06% | -0.24% | 0.41% | 0.56% |
| Benchmark | -0.22% | 0.81% | 2.14% | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% | 2.33% |
Best Monthly Return Since Inception
3.23% (July 2022)
Worst Monthly Return Since Inception
-3.67% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 2.81% | 5.08% | -2.10% | -9.31% | 4.36% | 1.26% | 2.93% |
| Benchmark | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% | 3.01% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | 3 | 4 | 3 | 2 | 3 | 4 | 4 |
| Category Rank | - | - | - | 140/ 201 | 177/ 215 | 157/ 257 | 92/ 283 | 235/ 318 | 314/ 344 | 270/ 357 |
Best Calendar Return (Last 10 years)
5.08% (2020)
Worst Calendar Return (Last 10 years)
-9.31% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 71.27 |
| Canadian Corporate Bonds | 14.46 |
| Foreign Corporate Bonds | 8.44 |
| Canadian Government Bonds | 6.18 |
| US Equity | 0.12 |
| Other | -0.47 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 100.40 |
| Financial Services | 0.13 |
| Utilities | 0.03 |
| Cash and Cash Equivalent | -0.51 |
| Other | -0.05 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 63.26 |
| Europe | 17.63 |
| Latin America | 6.96 |
| Asia | 5.95 |
| Multi-National | 0.85 |
| Other | 5.35 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.63% 15-Nov-2055 | 6.51 |
| United States Treasury 3.50% 15-Feb-2033 | 5.84 |
| Bundesrepublik Deutschland Bundesanleihe 2.60% 15-Aug-2035 | 5.44 |
| United States Treasury 4.13% 15-Feb-2036 | 4.78 |
| New Zealand Government 0.25% 15-May-2028 | 4.04 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 4.03 |
| United States Treasury 3.88% 15-Aug-2033 | 3.80 |
| United Kingdom Government 0.88% 31-Jul-2033 | 3.42 |
| United States Treasury 4.63% 15-Feb-2055 | 3.24 |
| Government of Spain [144A] 3.20% 31-Oct-2035 | 3.05 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canada Life Global Core Plus Bond Fund A
Median
Other - Global Core Plus Fixd Inc
3 Yr Annualized
| Standard Deviation | 4.34% | 4.99% | - |
|---|---|---|---|
| Beta | 0.64 | 0.55 | - |
| Alpha | -0.01 | 0.00 | - |
| Rsquared | 0.50% | 0.47% | - |
| Sharpe | -0.24 | -0.58 | - |
| Sortino | -0.17 | -0.73 | - |
| Treynor | -0.02 | -0.05 | - |
| Tax Efficiency | 43.27% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.30% | 4.34% | 4.99% | - |
| Beta | 0.52 | 0.64 | 0.55 | - |
| Alpha | 0.00 | -0.01 | 0.00 | - |
| Rsquared | 0.55% | 0.50% | 0.47% | - |
| Sharpe | -0.06 | -0.24 | -0.58 | - |
| Sortino | -0.32 | -0.17 | -0.73 | - |
| Treynor | 0.00 | -0.02 | -0.05 | - |
| Tax Efficiency | 37.53% | 43.27% | - | - |
Fund Details
| Start Date | October 22, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $20 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX1261 |
Investment Objectives
The Fund aims to generate income by investing primarily in a diversified portfolio of fixed income securities issued by companies or governments of any size, anywhere in the world. The Fund also seeks to achieve long-term capital growth by investing in fixed income securities and other investments. The Fund will employ a flexible approach, allocating assets across credit quality, structures, sectors, currencies and countries. Any proposed change to
Investment Strategy
The investment approach follows a value investment style maximizing the relative value for risk around the world. The Fund has the flexibility to invest across all fixed-income credit qualities and can invest in a wide variety of assets from anywhere in the world including government bonds, high yield bonds and loans. The Fund can allocate to assets across structures, sectors, currencies and countries. The Fund may invest up to 100% of its net assets in any one sector.
Portfolio Management
| Portfolio Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
Management and Organization
| Fund Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
Quadrus Investment Services Limited IPC Investment Corporation IPC Securities Corporation |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.46% |
|---|---|
| Management Fee | 1.10% |
| 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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