Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Canada Life Global Core Plus Bond Fund A

Global Core Plus Fixd Inc

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(07-29-2025)
$8.84
Change
$0.03 (0.34%)

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Nov 2018May 2019Nov 2019May 2020Nov 2020May 2021Nov 2021May 2022Nov 2022May 2023Nov 2023May 2024Nov 2024May 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025May 2019May 2020May 2021May 2022May 2023May 2024May 2025Ma…$10,000$11,000$9,000$9,500$10,500$9,600$9,800$10,200$10,400$10,600$10,800Period

Legend

Canada Life Global Core Plus Bond Fund A

Compare Options


Fund Returns

Inception Return (October 22, 2018): 0.47%

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 0.93% 0.22% 1.13% 1.13% 2.86% 2.55% 2.25% -0.59% -0.88% -0.12% - - - -
Benchmark 1.17% -1.15% 1.81% 1.81% 8.38% 6.12% 4.37% -0.05% -1.62% 0.08% 0.81% 1.03% 0.66% 1.87%
Category Average - - - - - - - - - - - - - -
Category Rank 196 / 364 248 / 364 299 / 362 299 / 362 345 / 353 307 / 323 274 / 304 168 / 272 165 / 241 153 / 208 - - - -
Quartile Ranking 3 3 4 4 4 4 4 3 3 3 - - - -

Monthly Return

Created with Highcharts 10.3.3-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.80% 0.93% 1.15% -1.57% 0.86% -1.43% 0.37% 1.31% -0.77% 0.00% -0.71% 0.93%
Benchmark 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24% -1.07% 1.17%

Best Monthly Return Since Inception

3.23% (July 2022)

Worst Monthly Return Since Inception

-3.67% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 2.81% 5.08% -2.10% -9.31% 4.36% 1.26%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average - - - - - - - - - -
Quartile Ranking - - - - 3 4 3 2 3 4
Category Rank - - - - 146/ 202 181/ 216 161/ 259 84/ 285 240/ 322 321/ 349

Best Calendar Return (Last 10 years)

5.08% (2020)

Worst Calendar Return (Last 10 years)

-9.31% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 69.17
Cash and Equivalents 9.37
Foreign Corporate Bonds 9.23
Canadian Corporate Bonds 5.78
Canadian Government Bonds 4.70
Other 1.75

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.19
Cash and Cash Equivalent 9.37
Telecommunications 0.19
Energy 0.09
Utilities 0.07
Other 0.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 68.25
Europe 21.18
Asia 5.37
Latin America 5.13
Other 0.07

Top Holdings

Top Holdings
Name Percent
Germany Government 2.30% 15-Feb-2033 7.00
Cash and Cash Equivalents 6.87
United States Treasury 3.88% 15-Aug-2034 5.85
United States Treasury 4.63% 15-Feb-2055 5.83
United States Treasury 4.25% 15-Nov-2034 4.25
Germany Government 2.20% 15-Feb-2034 3.94
United States Treasury 3.50% 15-Feb-2033 3.85
United States Treasury 3.88% 15-Aug-2033 3.47
Belgium Government 2.85% 22-Oct-2034 3.13
United Kingdom Government 0.88% 31-Jul-2033 2.95

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return23456789101112-2%0%2%4%6%8%10%

Canada Life Global Core Plus Bond Fund A

Median

Other - Global Core Plus Fixd Inc

3 Yr Annualized

Standard Deviation 5.50% 4.99% -
Beta 0.67% 0.51% -
Alpha -0.01% 0.00% -
Rsquared 0.49% 0.45% -
Sharpe -0.29% -0.65% -
Sortino -0.16% -0.92% -
Treynor -0.02% -0.06% -
Tax Efficiency 49.30% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.88% 5.50% 4.99% -
Beta 0.54% 0.67% 0.51% -
Alpha -0.02% -0.01% 0.00% -
Rsquared 0.45% 0.49% 0.45% -
Sharpe -0.12% -0.29% -0.65% -
Sortino -0.04% -0.16% -0.92% -
Treynor -0.01% -0.02% -0.06% -
Tax Efficiency 59.19% 49.30% - -

Fund Details

Start Date October 22, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $22

Fund Codes

FundServ Code Load Code Sales Status
MAX1261

Investment Objectives

The Fund aims to generate income by investing primarily in a diversified portfolio of fixed income securities issued by companies or governments of any size, anywhere in the world. The Fund also seeks to achieve long-term capital growth by investing in fixed income securities and other investments. The Fund will employ a flexible approach, allocating assets across credit quality, structures, sectors, currencies and countries. Any proposed change to

Investment Strategy

The investment approach follows a value investment style maximizing the relative value for risk around the world. The Fund has the flexibility to invest across all fixed-income credit qualities and can invest in a wide variety of assets from anywhere in the world including government bonds, high yield bonds and loans. The Fund can allocate to assets across structures, sectors, currencies and countries. The Fund may invest up to 100% of its net assets in any one sector.

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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.61%
Management Fee 1.10%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports