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Multi-Sector Fixed Income
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NAVPS (05-17-2024) |
$8.50 |
---|---|
Change |
-$0.01
(-0.14%)
|
As at April 30, 2024
As at February 29, 2024
Inception Return (September 09, 2020): -1.95%
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 | -1.55% | -0.59% | 6.08% | -0.29% | 4.03% | -0.32% | -2.76% | - | - | - | - | - | - | - |
Benchmark | -0.78% | 0.31% | 5.01% | 0.77% | 1.87% | 3.38% | -1.05% | -1.94% | -0.11% | 1.10% | 0.58% | 1.78% | 2.36% | 2.93% |
Category Average | -1.55% | 5.93% | 5.93% | -0.99% | 2.58% | - | - | - | - | - | - | - | - | - |
Category Rank | 157 / 276 | 118 / 275 | 98 / 275 | 109 / 275 | 99 / 266 | 231 / 259 | 220 / 251 | - | - | - | - | - | - | - |
Quartile Ranking | 3 | 2 | 2 | 2 | 2 | 4 | 4 | - | - | - | - | - | - | - |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.48% | 0.46% | 0.51% | -0.38% | -1.41% | -0.64% | 3.48% | 2.81% | 0.30% | 0.09% | 0.88% | -1.55% |
Benchmark | -1.59% | -2.01% | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% |
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 | - | - | - | - | - | - | - | 190/ 248 | 252/ 258 | 73/ 266 |
7.84% (2023)
-14.40% (2022)
Name | Percent |
---|---|
Foreign Government Bonds | 42.19 |
Foreign Corporate Bonds | 35.07 |
Mortgages | 11.45 |
Cash and Equivalents | 7.71 |
Foreign Bonds - Other | 3.15 |
Other | 0.43 |
Name | Percent |
---|---|
Fixed Income | 92.29 |
Cash and Cash Equivalent | 7.71 |
Name | Percent |
---|---|
North America | 71.42 |
Latin America | 19.46 |
Europe | 8.57 |
Africa and Middle East | 0.55 |
Name | Percent |
---|---|
Canada Life Global Multi-Sector Bond Fund A | 100.00 |
Cash and Cash Equivalents | 0.00 |
Canada Life Global Multi-Sector Fixed Income Fund A
Median
Other - Multi-Sector Fixed Income
Standard Deviation | 6.16% | - | - |
---|---|---|---|
Beta | 0.61% | - | - |
Alpha | -0.02% | - | - |
Rsquared | 0.46% | - | - |
Sharpe | -0.87% | - | - |
Sortino | -1.08% | - | - |
Treynor | -0.09% | - | - |
Tax Efficiency | - | - | - |
Volatility | - | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 5.24% | 6.16% | - | - |
Beta | 0.57% | 0.61% | - | - |
Alpha | 0.03% | -0.02% | - | - |
Rsquared | 0.39% | 0.46% | - | - |
Sharpe | -0.14% | -0.87% | - | - |
Sortino | 0.39% | -1.08% | - | - |
Treynor | -0.01% | -0.09% | - | - |
Tax Efficiency | 59.83% | - | - | - |
Start Date | September 09, 2020 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | - |
Sales Status | 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 | 1.93% |
---|---|
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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