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Canada Life US Dividend Fund A

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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 GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-04-2025) 		$22.28
Change
-$0.16 (-0.71%)

As at September 30, 2025

As at July 31, 2025

As at September 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2025Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jul 2025Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$10,000$12,000$14,000$16,000$18,000Period

Legend

Canada Life US Dividend Fund A

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Fund Returns

Inception Return (July 14, 2017): 11.21%

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 5.32% 9.47% 11.36% 6.02% 15.12% 23.20% 18.79% 12.72% 13.57% 11.48% 10.89% 11.31% - -
Benchmark 5.00% 10.33% 16.16% 11.10% 21.23% 28.49% 25.58% 16.04% 17.47% 17.22% 15.65% 16.46% 16.04% 15.79%
Category Average 2.70% 6.97% 8.61% 8.31% 11.18% - - - - - - - - -
Category Rank 15 / 225 36 / 221 50 / 219 167 / 218 48 / 212 47 / 204 52 / 192 56 / 190 92 / 186 77 / 182 69 / 176 60 / 165 - -
Quartile Ranking 1 1 1 4 1 1 2 2 2 2 2 2 - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 2.14% 5.71% 0.56% 3.77% -2.35% -6.03% -4.91% 3.95% 2.90% 2.61% 1.30% 5.32%
Benchmark 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21% 3.75% 1.28% 5.00%

Best Monthly Return Since Inception

8.62% (October 2022)

Worst Monthly Return Since Inception

-7.84% (February 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - 3.17% 17.37% 4.14% 21.34% -4.90% 8.34% 33.90%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average - - - - - - - - - -
Quartile Ranking - - - 2 4 2 3 3 2 1
Category Rank - - - 46/ 165 143/ 180 81/ 186 139/ 188 137/ 191 86/ 192 18/ 204

Best Calendar Return (Last 10 years)

33.90% (2024)

Worst Calendar Return (Last 10 years)

-4.90% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 92.47
International Equity 4.58
Canadian Equity 1.68
Cash and Equivalents 1.26
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 32.34
Financial Services 16.15
Consumer Services 11.89
Healthcare 10.63
Industrial Goods 7.47
Other 21.52

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.42
Europe 4.58

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 5.56
Amazon.com Inc 4.26
Alphabet Inc Cl A 3.89
NVIDIA Corp 3.83
Apple Inc 3.59
Broadcom Inc 3.29
Cisco Systems Inc 2.52
Parker-Hannifin Corp 2.44
JPMorgan Chase & Co 2.25
Morgan Stanley 2.14

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1010.51111.51212.51313.51414.51515.50%5%10%15%20%25%30%

Canada Life US Dividend Fund A

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 11.12% 11.39% -
Beta 0.84% 0.78% -
Alpha -0.02% 0.00% -
Rsquared 0.84% 0.85% -
Sharpe 1.26% 0.95% -
Sortino 2.43% 1.56% -
Treynor 0.17% 0.14% -
Tax Efficiency 97.21% 96.64% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 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 13.21% 11.12% 11.39% -
Beta 0.93% 0.84% 0.78% -
Alpha -0.04% -0.02% 0.00% -
Rsquared 0.97% 0.84% 0.85% -
Sharpe 0.91% 1.26% 0.95% -
Sortino 1.40% 2.43% 1.56% -
Treynor 0.13% 0.17% 0.14% -
Tax Efficiency 91.44% 97.21% 96.64% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A90.0​90.085.9​85.90%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A87.5​87.580.4​80.40%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A88.9​88.983.8​83.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A90.7​90.788.0​88.00%10%20%30%40%50%60%70%80%90%100%

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.

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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) $359

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 Management

Portfolio Manager

Canada Life Investment Management Ltd.
Sub-Advisor

Mackenzie Financial Corporation

  • Chris Grundy
  • Brenda Nicholls
  • Catherine Slater

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 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) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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