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Canada Life Global Resources Fund A Series
Natural Resources Equity
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-24-2026) |
$38.85 |
|---|---|
| Change |
-$0.04
(-0.11%)
|
As at August 31, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (August 09, 2002): 9.42%
| 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 | 7.61% | 6.19% | 8.53% | 27.62% | 54.47% | 36.34% | 26.47% | 22.31% | 23.13% | 26.30% | 21.59% | 15.53% | 14.85% | 12.19% |
| Benchmark | 12.82% | 5.32% | 0.40% | 26.68% | 50.35% | 38.75% | 30.20% | 24.15% | 22.68% | 20.24% | 17.28% | 15.09% | 13.15% | 11.44% |
| Category Average | 10.45% | 4.71% | 3.60% | 25.79% | 51.46% | 33.98% | 24.11% | 20.53% | 20.53% | 22.38% | 18.94% | 13.92% | 12.98% | 11.03% |
| Category Rank | 101 / 119 | 53 / 118 | 40 / 116 | 57 / 116 | 48 / 114 | 60 / 111 | 51 / 109 | 48 / 109 | 40 / 104 | 36 / 103 | 39 / 102 | 42 / 100 | 39 / 97 | 42 / 88 |
| Quartile Ranking | 4 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.88% | 1.12% | 7.75% | 2.98% | 8.32% | 8.55% | 0.73% | 0.68% | 0.78% | -6.71% | 5.78% | 7.61% |
| Benchmark | 11.75% | -2.92% | 9.29% | 0.11% | 9.70% | 15.01% | -4.50% | -1.66% | 1.51% | -8.41% | 1.92% | 12.82% |
Best Monthly Return Since Inception
31.78% (April 2020)
Worst Monthly Return Since Inception
-30.83% (October 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 51.57% | -10.26% | -22.56% | 8.43% | 3.29% | 46.32% | 16.72% | 3.95% | 10.84% | 45.03% |
| Benchmark | 36.74% | -1.69% | -15.86% | 20.06% | -7.01% | 21.57% | 12.86% | -0.78% | 19.24% | 51.44% |
| Category Average | 40.92% | -2.18% | -21.77% | 9.95% | 5.03% | 32.84% | 13.19% | 2.62% | 7.76% | 44.14% |
| Quartile Ranking | 2 | 4 | 3 | 4 | 3 | 2 | 3 | 2 | 3 | 3 |
| Category Rank | 30/ 83 | 84/ 88 | 67/ 98 | 81/ 100 | 69/ 102 | 30/ 103 | 60/ 105 | 44/ 109 | 63/ 110 | 64/ 112 |
Best Calendar Return (Last 10 years)
51.57% (2016)
Worst Calendar Return (Last 10 years)
-22.56% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 33.97 |
| International Equity | 33.74 |
| US Equity | 24.63 |
| Cash and Equivalents | 3.91 |
| Commodities | 2.09 |
| Other | 1.66 |
Sector Allocation
| Name | Percent |
|---|---|
| Energy | 45.74 |
| Basic Materials | 35.05 |
| Industrial Goods | 4.19 |
| Cash and Cash Equivalent | 3.91 |
| Real Estate | 1.64 |
| Other | 9.47 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 63.66 |
| Europe | 23.81 |
| Latin America | 7.41 |
| Multi-National | 1.54 |
| Asia | 1.10 |
| Other | 2.48 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Global Resource Fund Series A | 24.40 |
| TotalEnergies SE | 2.99 |
| Cenovus Energy Inc | 2.43 |
| Phillips 66 | 2.32 |
| Shell PLC - ADR | 2.14 |
| Ovintiv Inc | 2.12 |
| Tourmaline Oil Corp | 2.05 |
| Cash and Cash Equivalents | 2.01 |
| First Quantum Minerals Ltd | 1.99 |
| Permian Resources Corp Cl A | 1.91 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canada Life Global Resources Fund A Series
Median
Other - Natural Resources Equity
3 Yr Annualized
| Standard Deviation | 14.12% | 16.11% | 21.44% |
|---|---|---|---|
| Beta | 0.65 | 0.74 | 1.00 |
| Alpha | 0.06 | 0.06 | 0.01 |
| Rsquared | 0.78% | 0.79% | 0.78% |
| Sharpe | 1.51 | 1.20 | 0.56 |
| Sortino | 3.11 | 1.97 | 0.78 |
| Treynor | 0.33 | 0.26 | 0.12 |
| Tax Efficiency | 92.73% | 93.36% | 92.16% |
| Volatility |
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|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 16.20% | 14.12% | 16.11% | 21.44% |
| Beta | 0.56 | 0.65 | 0.74 | 1.00 |
| Alpha | 0.21 | 0.06 | 0.06 | 0.01 |
| Rsquared | 0.85% | 0.78% | 0.79% | 0.78% |
| Sharpe | 2.67 | 1.51 | 1.20 | 0.56 |
| Sortino | - | 3.11 | 1.97 | 0.78 |
| Treynor | 0.77 | 0.33 | 0.26 | 0.12 |
| Tax Efficiency | 96.51% | 92.73% | 93.36% | 92.16% |
Fund Details
| Start Date | August 09, 2002 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $761 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7828 | ||
| MAX7928 | ||
| MAX8028 |
Investment Objectives
The Fund will pursue long-term capital growth primarily from investment in shares of companies operating anywhere in the world in the energy and natural resource industries. At least three different countries will usually be represented in the Fund’s overall portfolio holdings. 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 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; taking advantage of commodity prices and emphasizing natural resource sectors and/or individual companies which are out of favour but offer recovery potential over a 1 to 3-year period.
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 | 0 |
Fees
| MER | 2.54% |
|---|---|
| Management Fee | 2.00% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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