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Canada Life Precious Metals Fund QF Series
Precious Metals Equity
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FundGrade A
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FundGrade A+® Rating Recipient
2023, 2022
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|
NAVPS (08-13-2026) |
$26.83 |
|---|---|
| Change |
-$0.54
(-1.97%)
|
As at July 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (July 12, 2016): 16.73%
| 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 | -2.03% | -10.48% | -17.35% | -9.07% | 67.66% | 59.76% | 48.03% | 40.80% | 25.56% | 18.24% | 25.56% | 25.98% | 22.36% | 16.22% |
| Benchmark | -4.05% | -14.24% | -18.50% | -10.51% | 45.92% | 42.91% | 37.63% | 33.26% | 19.72% | 11.67% | 19.95% | 20.41% | 17.20% | 11.66% |
| Category Average | -2.72% | -12.79% | -18.12% | -10.50% | 57.64% | 52.80% | 43.01% | 35.42% | 21.31% | 14.62% | 21.72% | 21.60% | 18.43% | 12.72% |
| Category Rank | 18 / 82 | 20 / 80 | 37 / 79 | 24 / 79 | 13 / 79 | 7 / 77 | 10 / 75 | 11 / 70 | 12 / 70 | 11 / 69 | 10 / 68 | 9 / 59 | 10 / 57 | 9 / 56 |
| Quartile Ranking | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 21.15% | 24.02% | -1.01% | 15.99% | 6.89% | 10.01% | 19.59% | -19.52% | -4.08% | 3.73% | -11.91% | -2.03% |
| Benchmark | 20.44% | 21.25% | -6.01% | 16.31% | 2.14% | 9.81% | 23.39% | -18.12% | -5.94% | 3.01% | -13.24% | -4.05% |
Best Monthly Return Since Inception
36.22% (April 2020)
Worst Monthly Return Since Inception
-19.52% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 5.12% | -7.13% | 44.26% | 45.07% | -4.50% | -8.77% | 4.76% | 30.98% | 178.05% |
| Benchmark | 55.11% | 0.96% | -3.46% | 42.02% | 25.38% | -7.16% | -2.48% | 1.85% | 19.16% | 145.66% |
| Category Average | 59.78% | 3.16% | -9.27% | 36.39% | 42.53% | -7.32% | -10.92% | 3.45% | 26.30% | 160.74% |
| Quartile Ranking | - | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 1 | 1 |
| Category Rank | - | 19/ 56 | 25/ 57 | 21/ 60 | 36/ 68 | 30/ 69 | 34/ 70 | 33/ 70 | 14/ 75 | 10/ 78 |
Best Calendar Return (Last 10 years)
178.05% (2025)
Worst Calendar Return (Last 10 years)
-8.77% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 66.89 |
| International Equity | 23.48 |
| US Equity | 4.57 |
| Commodities | 3.95 |
| Cash and Equivalents | 1.14 |
| Other | -0.03 |
Sector Allocation
| Name | Percent |
|---|---|
| Basic Materials | 91.46 |
| Exchange Traded Fund | 2.04 |
| Cash and Cash Equivalent | 1.14 |
| Other | 5.36 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 72.60 |
| Asia | 12.15 |
| Europe | 7.56 |
| Africa and Middle East | 3.78 |
| Multi-National | 2.04 |
| Other | 1.87 |
Top Holdings
| Name | Percent |
|---|---|
| Barrick Mining Corp | 9.06 |
| Agnico Eagle Mines Ltd | 7.85 |
| Discovery Silver Corp | 3.91 |
| Gold Fields Ltd - ADR | 3.73 |
| Anglogold Ashanti PLC | 3.70 |
| Eldorado Gold Corp | 3.31 |
| K92 Mining Inc | 3.09 |
| Artemis Gold Inc | 3.03 |
| OceanaGold Corp | 2.85 |
| Equinox Gold Corp | 2.79 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canada Life Precious Metals Fund QF Series
Median
Other - Precious Metals Equity
3 Yr Annualized
| Standard Deviation | 34.98% | 34.34% | 32.41% |
|---|---|---|---|
| Beta | 0.97 | 0.99 | 0.97 |
| Alpha | 0.09 | 0.05 | 0.05 |
| Rsquared | 0.95% | 0.95% | 0.93% |
| Sharpe | 1.21 | 0.75 | 0.56 |
| Sortino | 2.48 | 1.35 | 0.95 |
| Treynor | 0.43 | 0.26 | 0.19 |
| Tax Efficiency | 89.77% | 88.17% | - |
| Volatility |
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 47.18% | 34.98% | 34.34% | 32.41% |
| Beta | 0.95 | 0.97 | 0.99 | 0.97 |
| Alpha | 0.16 | 0.09 | 0.05 | 0.05 |
| Rsquared | 0.97% | 0.95% | 0.95% | 0.93% |
| Sharpe | 1.28 | 1.21 | 0.75 | 0.56 |
| Sortino | 2.52 | 2.48 | 1.35 | 0.95 |
| Treynor | 0.64 | 0.43 | 0.26 | 0.19 |
| Tax Efficiency | 87.13% | 89.77% | 88.17% | - |
Fund Details
| Start Date | July 12, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Fee Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $385 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX8133 |
Investment Objectives
The Fund pursues long-term capital growth primarily by investing directly in precious metals and in equity securities of global companies which produce or supply precious metals. 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.
Investment Strategy
The investment approach follows various strategies including: investing in companies expected to increase shareholder value through successful exploration and development; seeking out leading companies that typically have lower costs, lower debt and/or outstanding assets; and reviewing all investment decisions and allowing cash reserves to build up when valuations are unattractive.
Portfolio Management
| Portfolio Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
Management and Organization
| Fund Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
Quadrus Investment Services Limited IPC Investment Corporation IPC Securities Corporation |
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 | 1.48% |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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