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Canadian Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-29-2025) |
$10.66 |
|---|---|
| Change |
$0.04
(0.39%)
|
As at June 30, 2025
As at April 30, 2025
Inception Return (September 07, 1999): 2.68%
| 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 | 0.29% | -0.58% | 0.82% | 0.82% | 5.41% | 4.08% | 3.48% | -0.65% | -1.28% | -0.09% | 0.71% | 0.50% | 0.31% | 0.63% |
| Benchmark | 0.04% | -0.65% | 1.32% | 1.32% | 5.82% | 4.77% | 4.10% | 0.07% | -0.47% | 0.86% | 1.77% | 1.66% | 1.46% | 1.83% |
| Category Average | 0.15% | -0.43% | 1.23% | 1.23% | 5.39% | 4.36% | 3.76% | -0.44% | -0.60% | 0.49% | 1.25% | 1.08% | 0.96% | 1.19% |
| Category Rank | 122 / 481 | 284 / 479 | 420 / 478 | 420 / 478 | 315 / 458 | 352 / 432 | 339 / 413 | 338 / 408 | 346 / 378 | 340 / 364 | 321 / 347 | 303 / 320 | 276 / 294 | 252 / 262 |
| Quartile Ranking | 2 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.15% | 0.41% | 1.79% | -0.75% | 1.56% | -0.65% | 1.01% | 0.96% | -0.56% | -0.87% | 0.01% | 0.29% |
| Benchmark | 2.14% | 0.52% | 1.82% | -1.07% | 1.51% | -0.52% | 1.13% | 1.14% | -0.29% | -0.77% | 0.08% | 0.04% |
4.47% (January 2015)
-3.67% (April 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.88% | 0.41% | 0.83% | -0.23% | 5.13% | 6.92% | -3.76% | -11.93% | 5.22% | 3.94% |
| Benchmark | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% |
| Category Average | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 |
| Category Rank | 183/ 253 | 257/ 275 | 277/ 309 | 301/ 330 | 313/ 358 | 348/ 370 | 372/ 392 | 230/ 409 | 388/ 418 | 249/ 442 |
6.92% (2020)
-11.93% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 44.30 |
| Canadian Government Bonds | 37.61 |
| Foreign Corporate Bonds | 7.51 |
| Cash and Equivalents | 6.37 |
| Foreign Government Bonds | 4.15 |
| Other | 0.06 |
| Name | Percent |
|---|---|
| Fixed Income | 93.44 |
| Cash and Cash Equivalent | 6.37 |
| Financial Services | 0.11 |
| Consumer Goods | 0.04 |
| Utilities | 0.03 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 97.29 |
| Asia | 2.17 |
| Europe | 0.52 |
| Latin America | 0.01 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Dec-2034 | 6.57 |
| Mackenzie Canadian All Corporate Bond Ix ETF (QCB) | 5.29 |
| Ontario Province 3.60% 02-Jun-2035 | 5.03 |
| Mackenzie Canadian Aggregate Bond Index ETF (QBB) | 3.21 |
| Canada Government 2.75% 01-Dec-2055 | 2.86 |
| Quebec Province 4.40% 01-Dec-2055 | 2.71 |
| Cash and Cash Equivalents | 2.71 |
| Canada Government 3.25% 01-Jun-2035 | 2.12 |
| Ontario Province 4.60% 02-Dec-2055 | 1.73 |
| Ontario Province 3.80% 02-Dec-2034 | 1.69 |
Canada Life Canadian Core Bond Fund A
Median
Other - Canadian Fixed Income
| Standard Deviation | 5.89% | 5.69% | 4.95% |
|---|---|---|---|
| Beta | 0.92% | 0.93% | 0.93% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.94% | 0.95% |
| Sharpe | -0.07% | -0.64% | -0.20% |
| Sortino | 0.16% | -0.91% | -0.59% |
| Treynor | 0.00% | -0.04% | -0.01% |
| Tax Efficiency | 74.41% | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.64% | 5.89% | 5.69% | 4.95% |
| Beta | 0.98% | 0.92% | 0.93% | 0.93% |
| Alpha | 0.00% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.97% | 0.92% | 0.94% | 0.95% |
| Sharpe | 0.54% | -0.07% | -0.64% | -0.20% |
| Sortino | 1.20% | 0.16% | -0.91% | -0.59% |
| Treynor | 0.02% | 0.00% | -0.04% | -0.01% |
| Tax Efficiency | 79.02% | 74.41% | - | - |
| Start Date | September 07, 1999 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $151 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX1205 | ||
| MAX1305 | ||
| MAX1605 |
The Fund seeks to provide interest income and the potential for moderate capital appreciation by investing primarily in Canadian government and investment grade 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.
The Fund's portfolio is structured to reflect the relative attractiveness of various bond maturities and credit sectors, on a risk-adjusted basis while maintaining broad diversification. Holdings will have a credit quality rating of at least BBB at the time of purchase, with the overall portfolio having an average credit quality rating of at least A .
| Portfolio Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation |
| 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 |
| 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 |
| MER | 1.64% |
|---|---|
| Management Fee | 1.30% |
| 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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