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Global Neutral Balanced
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|
NAVPS (12-11-2024) |
$9.64 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (December 07, 2015): 3.95%
| 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 | 2.13% | 3.07% | 8.43% | 13.57% | 15.63% | 9.94% | 4.51% | 4.30% | 3.48% | 4.24% | 3.46% | 4.05% | - | - |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.87% | 4.26% | 8.53% | 13.60% | 16.89% | 10.20% | 4.14% | 5.37% | 5.45% | 6.18% | 5.05% | 5.53% | 5.33% | 5.08% |
| Category Rank | 1,560 / 1,773 | 1,585 / 1,763 | 1,109 / 1,751 | 1,085 / 1,727 | 1,320 / 1,727 | 1,076 / 1,674 | 801 / 1,548 | 1,124 / 1,413 | 1,244 / 1,327 | 1,152 / 1,235 | 1,023 / 1,117 | 856 / 977 | - | - |
| Quartile Ranking | 4 | 4 | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.81% | 0.95% | 2.09% | 1.83% | -1.95% | 1.80% | 1.91% | 2.41% | 0.80% | 1.29% | -0.36% | 2.13% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
5.77% (November 2020)
-7.38% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 3.57% | 5.44% | -1.13% | 9.22% | 1.33% | 6.18% | -10.56% | 8.84% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | 3 | 4 | 1 | 4 | 4 | 4 | 2 | 3 |
| Category Rank | - | - | 619/ 894 | 766/ 978 | 210/ 1,124 | 1,189/ 1,246 | 1,305/ 1,336 | 1,254/ 1,419 | 775/ 1,556 | 1,095/ 1,674 |
9.22% (2019)
-10.56% (2022)
| Name | Percent |
|---|---|
| US Equity | 34.04 |
| Foreign Government Bonds | 24.19 |
| International Equity | 21.30 |
| Foreign Corporate Bonds | 7.92 |
| Canadian Corporate Bonds | 6.10 |
| Other | 6.45 |
| Name | Percent |
|---|---|
| Fixed Income | 42.16 |
| Technology | 13.74 |
| Financial Services | 8.48 |
| Healthcare | 7.10 |
| Consumer Goods | 5.94 |
| Other | 22.58 |
| Name | Percent |
|---|---|
| North America | 68.21 |
| Europe | 21.06 |
| Asia | 7.05 |
| Latin America | 1.34 |
| Africa and Middle East | 0.86 |
| Other | 1.48 |
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | 3.50 |
| Mackenzie Global Corporate Fixed Income Fund A | 2.88 |
| United States Treasury 3.88% 15-Aug-2034 | 2.88 |
| Microsoft Corp | 2.58 |
| Apple Inc | 2.34 |
| United Kingdom Government 0.88% 31-Jul-2033 | 2.27 |
| United States Treasury 4.25% 30-Jun-2029 | 2.22 |
| Canada Government 3.25% 01-Dec-2033 | 2.05 |
| United States Treasury 3.50% 15-Feb-2033 | 2.01 |
| Mackenzie Floating Rate Income ETF (MFT) | 1.64 |
Canada Life Global Strategic Income Fund A Series
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.64% | 8.62% | - |
|---|---|---|---|
| Beta | 0.90% | 0.96% | - |
| Alpha | 0.00% | -0.03% | - |
| Rsquared | 0.90% | 0.85% | - |
| Sharpe | 0.14% | 0.17% | - |
| Sortino | 0.30% | 0.13% | - |
| Treynor | 0.01% | 0.02% | - |
| Tax Efficiency | 87.12% | 84.71% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.34% | 8.64% | 8.62% | - |
| Beta | 0.80% | 0.90% | 0.96% | - |
| Alpha | 0.00% | 0.00% | -0.03% | - |
| Rsquared | 0.84% | 0.90% | 0.85% | - |
| Sharpe | 2.35% | 0.14% | 0.17% | - |
| Sortino | 5.13% | 0.30% | 0.13% | - |
| Treynor | 0.13% | 0.01% | 0.02% | - |
| Tax Efficiency | 97.36% | 87.12% | 84.71% | - |
| Start Date | December 07, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $174 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX1237 | ||
| MAX1337 | ||
| MAX1437 |
The Fund seeks to provide current income with the potential for longterm growth by investing primarily in fixed income and/or incomeoriented equity investments from issuers anywhere in the world. The Fund will pursue this objective by investing in securities directly and/or by investing in mutual fund securities. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at meeting of the Fund’s investors called for that purpose.
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. The Fund will generally invest 30% to 70% of its assets in any one asset class but may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.
| Name | Start Date |
|---|---|
| Mackenzie Financial Corporation | 08-06-2021 |
| Canada Life Investment Management Ltd. | 08-06-2021 |
| Fund Manager | Canada Life Investment Management Ltd. |
|---|---|
| Advisor | Canada Life Investment Management Ltd. |
| Custodian | CIBC Mellon Trust Company |
| 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 | 2.32% |
|---|---|
| Management Fee | 1.85% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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