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Global Fixed Income
|
NAVPS (06-12-2025) |
$10.01 |
|---|---|
| Change |
$0.02
(0.21%)
|
As at May 31, 2025
As at March 31, 2025
Inception Return (July 18, 2023): 1.41%
| 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 | -0.47% | -1.34% | -1.41% | -0.13% | 1.96% | - | - | - | - | - | - | - | - | - |
| Benchmark | -1.07% | -1.78% | 0.85% | 0.64% | 8.37% | 4.12% | 3.56% | 0.11% | -1.97% | -0.33% | 0.79% | 0.38% | 0.76% | 1.71% |
| Category Average | -0.48% | -0.75% | 0.04% | 1.27% | 4.51% | 3.46% | 1.95% | -0.51% | -0.07% | 0.56% | 1.05% | 0.77% | 1.08% | 1.20% |
| Category Rank | 107 / 220 | 161 / 215 | 184 / 213 | 182 / 214 | 177 / 199 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 3 | 4 | 4 | 4 | - | - | - | - | - | - | - | - | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.49% | 1.73% | 0.80% | 1.25% | -1.86% | 1.01% | -1.28% | 0.25% | 0.98% | -1.08% | 0.20% | -0.47% |
| Benchmark | 1.16% | 3.88% | -0.22% | 1.89% | -0.37% | 0.95% | 0.21% | 1.24% | 1.20% | 0.53% | -1.24% | -1.07% |
3.48% (December 2023)
-1.99% (September 2023)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 0.51% |
| Benchmark | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% |
| Category Average | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% | 2.37% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 4 |
| Category Rank | - | - | - | - | - | - | - | - | - | 156/ 192 |
0.51% (2024)
0.51% (2024)
| Name | Percent |
|---|---|
| Foreign Government Bonds | 47.74 |
| Foreign Corporate Bonds | 30.28 |
| Mortgages | 15.96 |
| Canadian Government Bonds | 3.51 |
| Cash and Equivalents | 2.01 |
| Other | 0.50 |
| Name | Percent |
|---|---|
| Fixed Income | 97.71 |
| Cash and Cash Equivalent | 2.01 |
| Financial Services | 0.28 |
| Name | Percent |
|---|---|
| North America | 45.79 |
| Europe | 41.22 |
| Asia | 6.68 |
| Latin America | 3.88 |
| Africa and Middle East | 2.43 |
| Name | Percent |
|---|---|
| United States Treasury 4.50% 15-Nov-2054 | 4.81 |
| Italy Government 3.85% 01-Feb-2035 | 4.66 |
| United States Treasury 4.63% 15-Feb-2035 | 3.22 |
| Cash and Cash Equivalents | 2.90 |
| Germany Government 2.40% 18-Apr-2030 | 2.62 |
| United States Treasury 4.00% 28-Feb-2030 | 2.56 |
| France Government 3.20% 25-May-2035 | 2.18 |
| Federal Home Loan Mrtgage Corp 4.50% 01-Sep-2052 | 2.01 |
| Japan Government 1.50% 20-Sep-2043 | 1.93 |
| Government Nationl Mrtg Assc 2 5.50% 20-Jan-2053 | 1.82 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.86% | - | - | - |
| Beta | 0.49% | - | - | - |
| Alpha | -0.02% | - | - | - |
| Rsquared | 0.39% | - | - | - |
| Sharpe | -0.40% | - | - | - |
| Sortino | -0.33% | - | - | - |
| Treynor | -0.03% | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | July 18, 2023 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $177 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7845 | ||
| MAX7945 | ||
| MAX8045 |
The Fund’s objective is to provide income along with the opportunity for growth by investing primarily in global fixed income securities using a responsible investing approach. 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.
In seeking to achieve the Fund’s investment objectives, the subadvisor aims to invest in a broadly diversified portfolio of global debt securities across multiple fixed income sectors and countries. The Fund may invest in assets of non-investment grade securities and foreign currency-denominated securities including those from emerging market countries.
| Portfolio Manager |
Canada Life Investment Management Ltd.
|
|---|---|
| Sub-Advisor |
J.P. Morgan Investment Management Inc. |
| Fund Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
Mackenzie Investments |
| Distributor |
Quadrus Investment Services Limited |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.94% |
|---|---|
| Management Fee | 1.55% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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