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Canada Life US Dividend Fund A

U.S. Div & Inc Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-21-2024)
$18.59
Change
$0.10 (0.55%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Canada Life US Dividend Fund A

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Fund Returns

Inception Return (July 14, 2017): 9.78%

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 -2.14% 8.14% 19.18% 11.86% 20.89% 11.43% 9.69% 11.84% 8.62% 9.75% - - - -
Benchmark -2.70% 7.00% 19.89% 10.21% 24.18% 16.33% 12.19% 16.16% 13.73% 14.54% 13.35% 15.12% 13.99% 14.98%
Category Average -2.45% - - - - - - - - - - - - -
Category Rank 107 / 229 37 / 228 28 / 228 19 / 228 22 / 220 69 / 217 73 / 213 136 / 211 101 / 197 71 / 172 - - - -
Quartile Ranking 2 1 1 1 1 2 2 3 3 2 - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.80% 2.74% 1.47% 2.46% -3.63% 0.36% 5.06% 1.41% 3.44% 6.64% 3.63% -2.14%
Benchmark 0.62% 3.76% 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07% -2.70%

Best Monthly Return Since Inception

8.62% (October 2022)

Worst Monthly Return Since Inception

-7.84% (February 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - 3.17% 17.37% 4.14% 21.34% -4.90% 8.34%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average - - - - - - - - - -
Quartile Ranking - - - - 2 4 2 4 3 2
Category Rank - - - - 45/ 170 155/ 196 83/ 211 162/ 213 144/ 216 97/ 217

Best Calendar Return (Last 10 years)

21.34% (2021)

Worst Calendar Return (Last 10 years)

-4.90% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 93.05
International Equity 4.92
Cash and Equivalents 1.19
Canadian Equity 0.83
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 26.67
Financial Services 14.20
Healthcare 13.32
Consumer Services 12.82
Industrial Goods 6.11
Other 26.88

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.08
Europe 4.92

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 6.65
Alphabet Inc Cl A 3.64
Eli Lilly and Co 2.91
Broadcom Inc 2.73
Amazon.com Inc 2.72
Mastercard Inc Cl A 2.57
JPMorgan Chase & Co 2.39
Merck & Co Inc 2.31
Apple Inc 2.23
Abbvie Inc 2.20

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Canada Life US Dividend Fund A

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 11.44% 12.18% -
Beta 0.71% 0.78% -
Alpha 0.01% -0.02% -
Rsquared 0.81% 0.86% -
Sharpe 0.63% 0.58% -
Sortino 1.03% 0.77% -
Treynor 0.10% 0.09% -
Tax Efficiency 97.56% 98.19% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.52% 11.44% 12.18% -
Beta 0.84% 0.71% 0.78% -
Alpha 0.01% 0.01% -0.02% -
Rsquared 0.88% 0.81% 0.86% -
Sharpe 1.41% 0.63% 0.58% -
Sortino 3.32% 1.03% 0.77% -
Treynor 0.18% 0.10% 0.09% -
Tax Efficiency 99.89% 97.56% 98.19% -

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) $313

Fund Codes

FundServ Code Load Code Sales Status
MAX1221
MAX1321
MAX1421

Investment Objectives

The Fund seeks to provide long-term capital growth and dividend income by investing primarily in dividend income-producing U.S. equities that offer above average yields, and/or potential for growing their yields. The Fund may obtain this exposure by investing directly in securities, by investing in securities of other investment funds, or by a combination of these means. Any proposed change to

Investment Strategy

The sub-advisor employs a disciplined investment process to construct a portfolio of attractively valued companies that combines dividend yield with the potential for growth. The investment process blends top-down macro-analysis with bottom-up fundamental and quantitative stock research. Stock selection is the primary contributor to value added, with attention paid to both upside potential and downside risk.

Portfolio Manager(s)

Name Start Date
Canada Life Investment Management Ltd. 07-18-2023
Mackenzie Financial Corporation 07-18-2023

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 Deloitte 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 2.53%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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