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Canada Life Canadian Focused Growth Fund A

Canadian Focused Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-22-2024)
$15.72
Change
$0.01 (0.06%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Canada Life Canadian Focused Growth Fund A

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Fund Returns

Inception Return (November 21, 2016): 8.54%

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 -3.29% 1.57% 11.11% 2.64% 5.42% 7.46% 4.04% 9.65% 7.45% 7.59% 7.78% - - -
Benchmark -1.88% 4.85% 17.19% 5.71% 11.43% 7.58% 7.04% 12.66% 8.52% 8.55% 7.89% 9.07% 7.46% 7.73%
Category Average -2.50% 15.76% 15.76% 5.24% 11.06% 7.67% 6.32% 12.34% 8.20% 7.72% 6.96% 7.89% 6.30% 6.41%
Category Rank 452 / 614 551 / 612 569 / 612 576 / 612 549 / 609 378 / 597 496 / 585 522 / 570 409 / 567 368 / 525 268 / 485 - - -
Quartile Ranking 3 4 4 4 4 3 4 4 3 3 3 - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -2.77% 4.36% 0.52% -0.54% -3.00% -3.59% 5.86% 2.25% 1.06% 3.96% 1.02% -3.29%
Benchmark -3.65% 3.16% 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64% -1.88%

Best Monthly Return Since Inception

9.50% (April 2020)

Worst Monthly Return Since Inception

-10.61% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 14.15% -2.63% 21.54% 10.72% 22.46% -10.71% 9.74%
Benchmark 10.96% -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60%
Category Average 9.08% -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34%
Quartile Ranking - - - 1 1 2 2 3 3 4
Category Rank - - - 94/ 467 83/ 520 221/ 556 195/ 570 339/ 578 340/ 592 488/ 604

Best Calendar Return (Last 10 years)

22.46% (2021)

Worst Calendar Return (Last 10 years)

-10.71% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 52.68
US Equity 24.01
International Equity 17.76
Cash and Equivalents 5.55

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.88
Industrial Services 14.07
Technology 11.85
Industrial Goods 11.64
Consumer Services 11.13
Other 31.43

Geographic Allocation

Geographic Allocation
Name Percent
North America 82.24
Europe 17.77
Other -0.01

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 5.63
Intact Financial Corp 5.19
Stantec Inc 5.18
Royal Bank of Canada 4.91
Schneider Electric SE 4.51
Accenture PLC Cl A 4.47
Aon PLC Cl A 4.32
CAE Inc 4.02
Premium Brands Holdings Corp 4.02
Boyd Group Services Inc 3.69

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 Focused Growth Fund A

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 13.28% 13.56% -
Beta 0.91% 0.84% -
Alpha -0.02% 0.00% -
Rsquared 0.77% 0.80% -
Sharpe 0.16% 0.45% -
Sortino 0.21% 0.57% -
Treynor 0.02% 0.07% -
Tax Efficiency 80.94% 89.56% -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.17% 13.28% 13.56% -
Beta 0.86% 0.91% 0.84% -
Alpha -0.04% -0.02% 0.00% -
Rsquared 0.85% 0.77% 0.80% -
Sharpe 0.09% 0.16% 0.45% -
Sortino 0.41% 0.21% 0.57% -
Treynor 0.01% 0.02% 0.07% -
Tax Efficiency 90.46% 80.94% 89.56% -

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 November 21, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $504

Fund Codes

FundServ Code Load Code Sales Status
MAX7825
MAX7925
MAX8025

Investment Objectives

The Fund invests mainly in Canadian equity securities issued by Canadian corporations to achieve long-term capital growth and provide a reasonable rate of return. 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 investment approach follows a company-focused investment style, seeking companies with strong management, good growth prospects and a solid financial position. Emphasis is placed on paying reasonable prices for the free cash flow growth that companies in the portfolio are expected to achieve. Generally, the Fund will not invest more than 49% of its assets in foreign securities.

Portfolio Manager(s)

Name Start Date
Canada Life Investment Management Ltd. 08-19-2022
Mackenzie Financial Corporation 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 2.49%
Management Fee 2.00%
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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