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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-17-2024) |
$13.64 |
|---|---|
| Change |
-$0.01
(-0.09%)
|
As at August 31, 2024
As at June 30, 2024
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Inception Return (July 08, 2013): 5.38%
| 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 | 0.58% | 4.20% | 6.36% | 8.71% | 13.15% | 8.84% | 3.16% | 5.54% | 5.07% | 4.80% | 4.93% | 5.16% | 5.24% | 4.50% |
| Benchmark | 0.91% | 5.73% | 7.95% | 8.50% | 13.85% | 9.28% | 3.69% | 6.18% | 5.97% | 6.14% | 6.15% | 5.77% | 5.96% | 5.07% |
| Category Average | 0.48% | 6.22% | 6.22% | 8.20% | 12.84% | 8.45% | 2.74% | 5.39% | 5.07% | 4.76% | 4.85% | 4.60% | 4.65% | 4.20% |
| Category Rank | 195 / 452 | 279 / 452 | 262 / 446 | 241 / 446 | 246 / 444 | 217 / 426 | 259 / 405 | 288 / 387 | 263 / 376 | 268 / 367 | 238 / 353 | 173 / 341 | 174 / 325 | 181 / 290 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.59% | -1.10% | 4.80% | 3.08% | 0.40% | 1.80% | 2.03% | -1.83% | 1.91% | 0.35% | 3.24% | 0.58% |
| Benchmark | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% |
5.93% (November 2020)
-8.87% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.70% | -1.02% | 11.45% | 7.19% | -3.68% | 12.81% | 4.88% | 9.78% | -8.08% | 8.01% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 4 | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 |
| Category Rank | 265/ 288 | 201/ 301 | 87/ 333 | 107/ 346 | 168/ 357 | 247/ 367 | 280/ 377 | 324/ 392 | 221/ 412 | 287/ 432 |
12.81% (2019)
-8.08% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 28.21 |
| Foreign Corporate Bonds | 19.94 |
| US Equity | 16.18 |
| Canadian Corporate Bonds | 14.04 |
| International Equity | 9.62 |
| Other | 12.01 |
| Name | Percent |
|---|---|
| Fixed Income | 41.06 |
| Financial Services | 13.11 |
| Technology | 8.43 |
| Energy | 6.94 |
| Industrial Services | 4.43 |
| Other | 26.03 |
| Name | Percent |
|---|---|
| North America | 84.60 |
| Europe | 8.94 |
| Asia | 2.38 |
| Latin America | 2.22 |
| Africa and Middle East | 0.13 |
| Other | 1.73 |
| Name | Percent |
|---|---|
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 2.40 |
| Royal Bank of Canada | 2.12 |
| Mackenzie Floating Rate Income ETF (MFT) | 1.59 |
| Toronto-Dominion Bank | 1.54 |
| Microsoft Corp | 1.51 |
| Canadian Natural Resources Ltd | 1.45 |
| Cash and Cash Equivalents | 1.38 |
| Bank of Montreal | 1.35 |
| Canadian Pacific Kansas City Ltd | 1.23 |
| Canadian National Railway Co | 1.03 |
Canada Life Strategic Income Fund A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.35% | 8.77% | 7.30% |
|---|---|---|---|
| Beta | 0.84% | 0.82% | 0.84% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.96% | 0.95% | 0.89% |
| Sharpe | 0.02% | 0.36% | 0.43% |
| Sortino | 0.08% | 0.37% | 0.32% |
| Treynor | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 78.12% | 81.35% | 78.37% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.57% | 8.35% | 8.77% | 7.30% |
| Beta | 0.81% | 0.84% | 0.82% | 0.84% |
| Alpha | 0.02% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.96% | 0.96% | 0.95% | 0.89% |
| Sharpe | 1.04% | 0.02% | 0.36% | 0.43% |
| Sortino | 2.57% | 0.08% | 0.37% | 0.32% |
| Treynor | 0.10% | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 94.14% | 78.12% | 81.35% | 78.37% |
| Start Date | July 08, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,801 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7823 | ||
| MAX7923 | ||
| MAX8023 |
The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed income and/or income-oriented equity securities. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of votes cast at a meeting of the Fund’s investors called for that purpose.
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. Currently, it invests primarily in North America. The Fund will generally invest 30% to 70% of its assets in any one asset class, but may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio manager’s assessment of relative valuations.
| Name | Start Date |
|---|---|
| Mackenzie Financial Corporation | 07-21-2022 |
| Canada Life Investment Management Ltd. | 12-08-2022 |
| 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 | 2.30% |
|---|---|
| Management Fee | 1.85% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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