Join Fund Library now and get free access to personalized features to help you manage your investments.

Canada Life Canadian Fundamental Equity Fund A

Canadian Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-13-2024)
$13.17
Change
-$0.15 (-1.12%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
Loading...

Legend

Canada Life Canadian Fundamental Equity Fund A

Compare Options


Fund Returns

Inception Return (October 22, 2018): 6.51%

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 3.58% 5.38% 11.04% 7.87% 11.19% 3.07% 3.23% 11.69% 6.98% - - - - -
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 2.33% 10.33% 10.33% 6.44% 14.95% 5.95% 6.70% 12.33% 8.68% 7.40% 7.09% 7.45% 6.34% 6.23%
Category Rank 61 / 722 69 / 719 278 / 718 130 / 718 627 / 702 643 / 681 564 / 595 402 / 569 469 / 540 - - - - -
Quartile Ranking 1 1 2 1 4 4 4 3 4 - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.28% 0.08% -0.41% -2.31% -3.57% 4.27% 2.94% 0.84% 1.50% 3.67% -1.86% 3.58%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

14.27% (April 2020)

Worst Monthly Return Since Inception

-22.73% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 23.99% 5.91% 15.93% -5.73% 3.36%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking - - - - - 1 2 4 3 4
Category Rank - - - - - 48/ 512 140/ 548 574/ 584 392/ 651 672/ 688

Best Calendar Return (Last 10 years)

23.99% (2019)

Worst Calendar Return (Last 10 years)

-5.73% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 97.06
Income Trust Units 2.22
Cash and Equivalents 0.72

Sector Allocation

Sector Allocation
Name Percent
Financial Services 29.55
Energy 14.00
Technology 12.78
Basic Materials 11.20
Industrial Services 10.78
Other 21.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.07
Latin America 0.93

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 6.57
Shopify Inc Cl A 4.41
Toronto-Dominion Bank 4.12
Constellation Software Inc 3.77
Canadian Natural Resources Ltd 3.44
Canadian Pacific Kansas City Ltd 3.36
Bank of Montreal 3.20
Canadian National Railway Co 2.49
Alimentation Couche-Tard Inc 2.19
Manulife Financial Corp 2.03

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Canada Life Canadian Fundamental Equity Fund A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 10.94% 16.68% -
Beta 0.77% 1.01% -
Alpha -0.02% -0.03% -
Rsquared 0.89% 0.88% -
Sharpe 0.08% 0.37% -
Sortino 0.10% 0.42% -
Treynor 0.01% 0.06% -
Tax Efficiency 90.73% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.92% 10.94% 16.68% -
Beta 0.72% 0.77% 1.01% -
Alpha -0.01% -0.02% -0.03% -
Rsquared 0.87% 0.89% 0.88% -
Sharpe 0.69% 0.08% 0.37% -
Sortino 1.57% 0.10% 0.42% -
Treynor 0.09% 0.01% 0.06% -
Tax Efficiency 99.67% 90.73% - -

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 October 22, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $183

Fund Codes

FundServ Code Load Code Sales Status
MAX1263

Investment Objectives

The Fund seeks to provide long-term capital appreciation by investment primarily in Canadian equity securities. 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 Fund seeks to measure intrinsic value of investable stocks and transact when market prices offer opportunities. The investment process seeks to identify and value future earnings power and balance sheet structure using reasonable expectations about future economic conditions and high discount rates. The Fund holds a concentrated all cap and industry diverse stock selection. Generally, the Fund will not invest its assets outside of Canada.

Portfolio Manager(s)

Name Start Date
Canada Life Investment Management Ltd. 12-08-2022
Connor, Clark & Lunn Investment Management Ltd. 11-27-2023

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.42%
Management Fee 2.00%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.