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Multi-Sector Fixed Income
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|
NAVPS (07-26-2024) |
$8.43 |
|---|---|
| Change |
$0.02
(0.21%)
|
As at June 30, 2024
As at April 30, 2024
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Inception Return (September 09, 2020): -1.62%
| 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 | 0.17% | -0.60% | 0.67% | 0.67% | 5.05% | 2.25% | -2.69% | - | - | - | - | - | - | - |
| Benchmark | 1.11% | 0.68% | 2.26% | 2.26% | 7.20% | 5.67% | -1.00% | -1.87% | 0.11% | 1.12% | 1.30% | 1.35% | 2.41% | 3.23% |
| Category Average | 0.64% | 0.85% | 0.85% | 0.85% | 5.01% | - | - | - | - | - | - | - | - | - |
| Category Rank | 273 / 295 | 292 / 294 | 202 / 293 | 202 / 293 | 161 / 284 | 242 / 283 | 260 / 276 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 3 | 3 | 3 | 4 | 4 | - | - | - | - | - | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.51% | -0.38% | -1.41% | -0.64% | 3.48% | 2.81% | 0.30% | 0.09% | 0.88% | -1.55% | 0.79% | 0.17% |
| Benchmark | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% |
3.48% (November 2023)
-4.37% (September 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | -1.28% | -14.40% | 7.84% |
| Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | 4 | 4 | 2 |
| Category Rank | - | - | - | - | - | - | - | 208/ 266 | 270/ 276 | 76/ 284 |
7.84% (2023)
-14.40% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 36.50 |
| Foreign Government Bonds | 31.92 |
| Cash and Equivalents | 11.32 |
| Mortgages | 10.66 |
| Foreign Bonds - Other | 8.76 |
| Other | 0.84 |
| Name | Percent |
|---|---|
| Fixed Income | 88.68 |
| Cash and Cash Equivalent | 11.32 |
| Name | Percent |
|---|---|
| North America | 68.91 |
| Latin America | 20.68 |
| Europe | 10.41 |
| Name | Percent |
|---|---|
| Canada Life Global Multi-Sector Bond Fund A | 100.00 |
| Suriname Government 7.95% 15-Jul-2033 | 0.01 |
| Cash and Cash Equivalents | -0.01 |
Canada Life Global Multi-Sector Fixed Income Fund A
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 6.17% | - | - |
|---|---|---|---|
| Beta | 0.63% | - | - |
| Alpha | -0.02% | - | - |
| Rsquared | 0.47% | - | - |
| Sharpe | -0.90% | - | - |
| Sortino | -1.07% | - | - |
| Treynor | -0.09% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.18% | 6.17% | - | - |
| Beta | 0.74% | 0.63% | - | - |
| Alpha | 0.00% | -0.02% | - | - |
| Rsquared | 0.47% | 0.47% | - | - |
| Sharpe | 0.04% | -0.90% | - | - |
| Sortino | 0.77% | -1.07% | - | - |
| Treynor | 0.00% | -0.09% | - | - |
| Tax Efficiency | 64.15% | - | - | - |
| Start Date | September 09, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $10 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7809 | ||
| MAX7909 | ||
| MAX8009 |
The Fund seeks to provide high income and return by investing primarily in a global multi-sector bond portfolio with a focus on the potential for risk-adjusted returns. 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 uses an asset allocation strategy to build a broadly diversified portfolio of global debt instruments, including government and corporate bonds; mortgage-backed, and asset-backed securities; and preferred stocks. The Fund may invest in assets of non-investment grade securities and foreign currency-denominated securities including those from emerging market countries. The Fund employs a fundamental, valuation driven investment style.
| Name | Start Date |
|---|---|
| Brandywine Global Investment Management, LLC | 04-26-2024 |
| Canada Life Investment Management Ltd. | 04-26-2024 |
| Fund Manager | Canada Life Investment Management Ltd. |
|---|---|
| Advisor | Canada Life Investment Management Ltd. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Mackenzie Investments |
| Distributor | Quadrus Investment Services Limited |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.92% |
|---|---|
| Management Fee | 1.55% |
| Load | Choice of Front or No Load |
| FE Max | 0.50% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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