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Canada Life Canadian Value Balanced Fund A

Canadian Equity Balanced

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
(06-12-2024)
$12.14
Change
$0.06 (0.47%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Canada Life Canadian Value Balanced Fund A

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Fund Returns

Inception Return (September 09, 2020): 6.26%

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 2.21% 1.50% 8.37% 3.52% 9.94% 4.92% 2.98% - - - - - - -
Benchmark 2.08% 3.42% 8.77% 4.80% 13.17% 5.56% 4.94% 9.43% 7.57% 7.00% 6.79% 7.18% 6.15% 6.16%
Category Average 2.05% 7.74% 7.74% 4.10% 11.33% 5.60% 4.20% 7.98% 6.04% 5.38% 4.97% 5.48% 4.72% 4.83%
Category Rank 196 / 366 210 / 364 193 / 362 281 / 363 293 / 360 262 / 357 290 / 350 - - - - - - -
Quartile Ranking 3 3 3 4 4 3 4 - - - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.84% 0.46% -1.51% -3.28% -2.13% 5.32% 4.68% 0.12% 1.86% 2.46% -3.08% 2.21%
Benchmark 2.51% 1.67% -1.08% -3.16% -2.30% 6.66% 3.79% 0.07% 1.27% 3.22% -1.85% 2.08%

Best Monthly Return Since Inception

8.28% (November 2020)

Worst Monthly Return Since Inception

-4.94% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 10.15% -3.96% 6.22%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking - - - - - - - 4 1 4
Category Rank - - - - - - - 335/ 348 58/ 356 342/ 360

Best Calendar Return (Last 10 years)

10.15% (2021)

Worst Calendar Return (Last 10 years)

-3.96% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 39.31
US Equity 28.31
Canadian Government Bonds 16.08
Canadian Corporate Bonds 12.54
Cash and Equivalents 3.54
Other 0.22

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 28.85
Financial Services 18.65
Consumer Goods 9.93
Consumer Services 7.63
Technology 6.11
Other 28.83

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 3.23
Cash and Cash Equivalents 3.14
Ontario Province 3.65% 02-Jun-2033 2.68
Toronto-Dominion Bank 2.64
Canadian National Railway Co 1.85
Manulife Financial Corp 1.78
TC Energy Corp 1.63
RB Global Inc 1.62
Bank of Montreal 1.57
American Express Co 1.57

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Canada Life Canadian Value Balanced Fund A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 9.97% - -
Beta 0.85% - -
Alpha -0.01% - -
Rsquared 0.90% - -
Sharpe 0.05% - -
Sortino 0.06% - -
Treynor 0.01% - -
Tax Efficiency - - -
Volatility Volatility rating is 5 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 10.00% 9.97% - -
Beta 0.97% 0.85% - -
Alpha -0.03% -0.01% - -
Rsquared 0.93% 0.90% - -
Sharpe 0.51% 0.05% - -
Sortino 1.23% 0.06% - -
Treynor 0.05% 0.01% - -
Tax Efficiency 95.62% - - -

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 September 09, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $51

Fund Codes

FundServ Code Load Code Sales Status
MAX7804
MAX7904
MAX8004

Investment Objectives

The Fund seeks to achieve long-term growth by investing primarily in a combination of Canadian, U.S. and international equity and fixed income securities. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of votes cast at meeting of the Fund’s investors called for that purpose.

Investment Strategy

The Fund’s asset mix will generally be within the following ranges: 60-90% equities, 10-40% fixed income securities, including cash and cash equivalents. The portfolio manager will adjust the asset mix based on changes in the market outlook for each asset class. The Fund’s equity team employs a value investment style and seeks to construct a diversified equity portfolio based on a disciplined, bottom-up, value investment approach.

Portfolio Manager(s)

Name Start Date
Beutel Goodman & Company Ltd. 08-19-2022
Canada Life Investment Management Ltd. 08-19-2022

Management and Organization

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

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 2.47%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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