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Canada Life Canadian Corporate Bond Fund A

Cdn Corp Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(06-09-2025)
$10.97
Change
-$0.01 (-0.07%)

As at May 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$11,000$12,000$13,000$14,000$9,500$10,500$11,500Period

Legend

Canada Life Canadian Corporate Bond Fund A

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Fund Returns

Inception Return (January 19, 2001): 2.95%

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 0.58% -0.40% 1.15% 1.25% 7.69% 6.13% 4.37% 0.73% 0.86% 1.19% 1.63% 1.18% 1.36% 1.29%
Benchmark 0.75% 0.01% 1.92% 1.93% 8.80% 7.33% 5.51% 2.01% 2.17% 2.50% 3.08% 2.68% 2.91% 2.88%
Category Average 0.61% -0.07% 1.53% 1.69% 8.19% 6.80% 4.96% 1.32% 1.78% 2.03% 2.45% - - -
Category Rank 75 / 149 116 / 143 109 / 140 118 / 140 93 / 136 113 / 128 100 / 118 94 / 114 87 / 103 90 / 100 93 / 97 87 / 91 83 / 87 75 / 78
Quartile Ranking 3 4 4 4 3 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-1%0%1%2%3%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.91% 2.09% 0.23% 1.99% -0.44% 1.53% -0.10% 0.95% 0.71% -0.28% -0.70% 0.58%
Benchmark 0.98% 1.96% 0.45% 2.04% -0.41% 1.57% -0.01% 0.98% 0.93% -0.14% -0.59% 0.75%

Best Monthly Return Since Inception

4.52% (April 2020)

Worst Monthly Return Since Inception

-5.91% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.61% 1.88% 1.49% -1.18% 6.22% 6.90% -3.33% -10.65% 6.66% 6.38%
Benchmark 2.74% 3.59% 3.48% 0.96% 8.01% 8.57% -1.32% -10.12% 8.32% 7.09%
Category Average - - - - 7.34% 7.62% -1.82% -10.25% 7.57% 6.68%
Quartile Ranking 3 4 4 4 3 4 4 3 4 4
Category Rank 54/ 73 75/ 83 74/ 89 79/ 92 73/ 99 84/ 100 106/ 106 76/ 115 107/ 123 97/ 128

Best Calendar Return (Last 10 years)

6.90% (2020)

Worst Calendar Return (Last 10 years)

-10.65% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 80.01
Cash and Equivalents 13.61
Canadian Government Bonds 3.28
Canadian Bonds - Funds 1.58
Foreign Corporate Bonds 1.09
Other 0.43

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 86.08
Cash and Cash Equivalent 13.60
Utilities 0.12
Telecommunications 0.09
Financial Services 0.06
Other 0.05

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.83
Europe 0.07
Latin America 0.04
Other 0.06

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 5.50% 29-Dec-2025 3.19
TransCanada Trust 4.20% 04-Dec-2030 1.90
Rogers Communications Inc 5.00% 17-Dec-2081 1.64
Mackenzie High Quality Floating Rate Fund Series CL 1.54
TransCanada Trust 4.65% 18-May-2027 1.53
Allied Properties REIT 1.73% 12-Feb-2026 1.43
Algonquin Power & Utils Corp 5.25% 18-Jan-2082 1.41
Bell Canada 5.85% 10-Aug-2032 1.37
Toronto-Dominion Bank 2.67% 09-Sep-2025 1.32
Superior Plus LP 4.25% 18-May-2028 1.27

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return3456789101%2%3%4%5%6%7%8%

Canada Life Canadian Corporate Bond Fund A

Median

Other - Cdn Corp Fixed Income

3 Yr Annualized

Standard Deviation 5.24% 5.18% 4.77%
Beta 1.02% 0.97% 0.95%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.97% 0.95% 0.97%
Sharpe 0.09% -0.28% -0.07%
Sortino 0.46% -0.53% -0.45%
Treynor 0.00% -0.02% 0.00%
Tax Efficiency 75.92% - 41.22%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.21% 5.24% 5.18% 4.77%
Beta 1.05% 1.02% 0.97% 0.95%
Alpha -0.01% -0.01% -0.01% -0.01%
Rsquared 0.99% 0.97% 0.95% 0.97%
Sharpe 1.23% 0.09% -0.28% -0.07%
Sortino 3.35% 0.46% -0.53% -0.45%
Treynor 0.04% 0.00% -0.02% 0.00%
Tax Efficiency 83.31% 75.92% - 41.22%

Fund Details

Start Date January 19, 2001
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $77

Fund Codes

FundServ Code Load Code Sales Status
MAX1250
MAX1350
MAX1450

Investment Objectives

The Fund seeks to provide a high level of coupon interest income consistent with reasonable safety of capital by investing primarily in investment grade Canadian corporate bonds. 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 Fund holds a well-diversified portfolio of Canadian corporate bonds reflecting a wide range of both industry sectors and credit quality. Primary focus is security selection based on credit analysis and relative value, with a secondary focus on term positioning. The Fund generally invests in bonds that are rated BBB or higher. The Fund may hold assets rated less than BBB by virtue of a credit rating downgrade subsequent to purchase.

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

Canadian Imperial Bank of Commerce

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 Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.81%
Management Fee 1.45%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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