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Canada Life Global Equity and Income Fund A Series

Global Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022

Click for more information on Fundata’s FundGrade

NAVPS
(02-11-2025)
$11.23
Change
-$0.01 (-0.11%)

As at January 31, 2025

As at October 31, 2024

As at December 31, 2024

Period
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Canada Life Global Equity and Income Fund A Series

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Fund Returns

Inception Return (July 14, 2017): 5.42%

Fund Returns
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 3.16% 5.77% 8.65% 3.16% 18.49% 10.71% 5.92% 6.95% 5.81% 6.47% 5.38% - - -
Benchmark 2.72% 5.85% 8.38% 2.72% 19.75% 13.94% 7.22% 6.21% 6.79% 7.75% 6.97% 7.50% 7.02% 6.89%
Category Average 2.55% 4.15% 6.15% 2.55% 14.58% 9.96% 4.84% 5.39% 5.37% 6.25% 5.15% 5.56% 5.74% 4.93%
Category Rank 263 / 1,773 234 / 1,772 161 / 1,760 263 / 1,773 262 / 1,726 812 / 1,673 637 / 1,589 396 / 1,425 641 / 1,347 683 / 1,288 627 / 1,152 - - -
Quartile Ranking 1 1 1 1 1 2 2 2 2 3 3 - - -

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 2.75% 1.84% -2.31% 2.55% 0.95% 3.05% 0.44% 2.20% 0.08% 3.33% -0.77% 3.16%
Benchmark 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72%

Best Monthly Return Since Inception

5.89% (April 2020)

Worst Monthly Return Since Inception

-8.14% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - -3.54% 11.53% 3.63% 12.34% -8.94% 7.03% 14.92%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - 3 3 4 1 2 4 2
Category Rank - - - 679/ 1,122 904/ 1,244 1,164/ 1,334 269/ 1,417 450/ 1,554 1,460/ 1,673 479/ 1,726

Best Calendar Return (Last 10 years)

14.92% (2024)

Worst Calendar Return (Last 10 years)

-8.94% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 32.09
US Equity 25.51
Canadian Corporate Bonds 13.82
Canadian Government Bonds 11.61
International Equity 7.71
Other 9.26

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 29.39
Financial Services 15.40
Technology 14.06
Energy 6.63
Consumer Services 6.20
Other 28.32

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.69
Europe 5.77
Asia 2.57
Latin America 0.84
Africa and Middle East 0.13

Top Holdings

Top Holdings
Name Percent
Canada Life Canadian Core Bond Fund A 32.31
Canada Life Canadian Dividend Fund A 24.97
Canada Life U.S. All Cap Growth Fund A 16.10
Canada Life Canadian Growth Fund A 12.49
Canada Life US Dividend Fund A 8.10
Taiwan Semiconductor Manufactrg Co Ltd - ADR 0.27
Dcc PLC 0.27
Alcon AG 0.26
Samsung Electronics Co Ltd 0.26
Crh PLC 0.25

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Canada Life Global Equity and Income Fund A Series

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 9.24% 9.56% -
Beta 0.97% 1.04% -
Alpha -0.01% -0.01% -
Rsquared 0.88% 0.81% -
Sharpe 0.27% 0.39% -
Sortino 0.52% 0.47% -
Treynor 0.03% 0.04% -
Tax Efficiency 69.46% 74.11% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.17% 9.24% 9.56% -
Beta 1.12% 0.97% 1.04% -
Alpha -0.03% -0.01% -0.01% -
Rsquared 0.91% 0.88% 0.81% -
Sharpe 2.11% 0.27% 0.39% -
Sortino 5.16% 0.52% 0.47% -
Treynor 0.12% 0.03% 0.04% -
Tax Efficiency 75.78% 69.46% 74.11% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date July 14, 2017
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $217

Fund Codes

FundServ Code Load Code Sales Status
MAX1259
MAX1359
MAX1459

Investment Objectives

The fund seeks long-termcapital growth and income by investing primarily in equities issued by companies around the world and Canadian fixed income securities directly or through other investment funds.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 40% - 70% equity securities, 30% - 60% to fixed income securities, including cash and cash-equivalents. The Fund may be invested outside these ranges at Mackenzie Investments’ discretion. The names of the sub-advisors and their respective asset class are: Mackenzie Investments - Equity (Canadian and U.S.) and Fixed Income; Setanta - Equity (International). Mackenzie Investments and Setanta will select and manage equities.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 11-30-2022
Canada Life Investment Management Ltd. 11-18-2024
Brandywine Global Investment Management, LLC 11-18-2024

Management and Organization

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

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 50

Fees

MER 2.46%
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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