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Canadian Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (01-17-2025) |
$6.00 |
---|---|
Change |
$0.01
(0.22%)
|
As at December 31, 2024
As at October 31, 2024
Inception Return (October 10, 1974): 6.00%
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 | -0.61% | 0.22% | 4.54% | 4.01% | 4.01% | 4.56% | -1.50% | -2.11% | -0.34% | 0.55% | 0.34% | 0.41% | 0.39% | 0.46% |
Benchmark | -0.52% | -0.10% | 4.43% | 4.10% | 4.10% | 5.24% | -0.65% | -1.17% | 0.71% | 1.73% | 1.67% | 1.79% | 1.77% | 1.95% |
Category Average | -0.81% | -0.34% | 4.10% | 3.67% | 3.67% | 4.91% | -1.12% | -1.54% | 0.33% | 1.29% | 1.05% | 1.17% | 1.21% | 1.20% |
Category Rank | 188 / 663 | 140 / 659 | 296 / 642 | 389 / 626 | 389 / 626 | 518 / 601 | 525 / 586 | 528 / 556 | 504 / 525 | 473 / 495 | 431 / 449 | 409 / 423 | 373 / 378 | 340 / 344 |
Quartile Ranking | 2 | 1 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.29% | -0.38% | 0.53% | -2.05% | 1.69% | 1.04% | 2.08% | 0.40% | 1.78% | -0.66% | 1.52% | -0.61% |
Benchmark | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% | -1.07% | 1.51% | -0.52% |
7.51% (November 1981)
-5.25% (March 1994)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.08% | 0.27% | 0.86% | -0.88% | 5.13% | 7.07% | -3.93% | -12.60% | 5.12% | 4.01% |
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% | 3.67% |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
Category Rank | 310/ 344 | 370/ 378 | 376/ 423 | 427/ 449 | 440/ 495 | 483/ 525 | 537/ 556 | 480/ 586 | 574/ 601 | 389/ 626 |
7.07% (2020)
-12.60% (2022)
Name | Percent |
---|---|
Canadian Corporate Bonds | 44.34 |
Canadian Government Bonds | 32.48 |
Foreign Corporate Bonds | 10.50 |
Cash and Equivalents | 5.99 |
Foreign Government Bonds | 4.55 |
Other | 2.14 |
Name | Percent |
---|---|
Fixed Income | 93.89 |
Cash and Cash Equivalent | 5.99 |
Financial Services | 0.10 |
Utilities | 0.06 |
Consumer Goods | 0.05 |
Other | -0.09 |
Name | Percent |
---|---|
North America | 96.54 |
Asia | 2.82 |
Europe | 0.40 |
Latin America | 0.34 |
Africa and Middle East | 0.02 |
Other | -0.12 |
Name | Percent |
---|---|
Canada Government 3.00% 01-Jun-2034 | 6.12 |
Canada Government 2.75% 01-Dec-2055 | 4.03 |
Quebec Province 4.40% 01-Dec-2055 | 3.09 |
New Zealand Government 3.50% 14-Apr-2033 | 2.44 |
Ontario Province 4.15% 02-Jun-2034 | 2.37 |
Canada Housing Trust No 1 1.25% 15-Jun-2026 | 1.80 |
TransCanada Trust 4.65% 18-May-2027 | 1.60 |
Ontario Province 3.80% 02-Dec-2034 | 1.46 |
Alberta Province 3.10% 01-Jun-2050 | 1.37 |
Quebec Province 4.45% 01-Sep-2034 | 1.25 |
Canada Life Canadian Core Plus Bond Fund A
Median
Other - Canadian Fixed Income
Standard Deviation | 6.78% | 6.29% | 5.13% |
---|---|---|---|
Beta | 0.93% | 0.94% | 0.92% |
Alpha | -0.01% | -0.01% | -0.01% |
Rsquared | 0.92% | 0.93% | 0.94% |
Sharpe | -0.73% | -0.39% | -0.20% |
Sortino | -0.82% | -0.66% | -0.62% |
Treynor | -0.05% | -0.03% | -0.01% |
Tax Efficiency | - | - | - |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 4.63% | 6.78% | 6.29% | 5.13% |
Beta | 0.75% | 0.93% | 0.94% | 0.92% |
Alpha | 0.01% | -0.01% | -0.01% | -0.01% |
Rsquared | 0.73% | 0.92% | 0.93% | 0.94% |
Sharpe | -0.07% | -0.73% | -0.39% | -0.20% |
Sortino | 0.33% | -0.82% | -0.66% | -0.62% |
Treynor | 0.00% | -0.05% | -0.03% | -0.01% |
Tax Efficiency | 75.41% | - | - | - |
Start Date | October 10, 1974 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $1,188 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MAX1463 | ||
MAX1763 | ||
MAX1863 |
The Fund seeks to maximize income consistent with prudent levels of risk by investing in a combination of Canadian government and corporate bonds of various terms, debentures, notes, mortgages and other income-producing securities. 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 actively managed to achieve long-term, above-average returns while assuming moderate risk. The primary strategy is top-down by managing the duration and sector allocation of the Fund in response to yield and yield spread expectations. A secondary strategy is bottom-up management of individual securities in response to relative valuations.
Name | Start Date |
---|---|
Mackenzie Financial Corporation | 08-18-2022 |
Canada Life Investment Management Ltd. | 08-18-2022 |
Fund Manager | Canada Life Investment Management Ltd. |
---|---|
Advisor | Canada Life Investment Management Ltd. |
Custodian | Canadian Imperial Bank of Commerce |
Registrar | Mackenzie Financial Corporation |
Distributor | Quadrus Investment Services Limited |
Auditor | KPMG LLP |
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 | 1.70% |
---|---|
Management Fee | 1.35% |
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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