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Canada Life Emerging Markets Concentrated Equity Fund A

Emerging Markets Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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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NAVPS
(06-14-2024)
$14.37
Change
-$0.01 (-0.09%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Canada Life Emerging Markets Concentrated Equity Fund A

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Fund Returns

Inception Return (October 22, 2018): 6.69%

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 -0.64% 1.20% 4.31% 1.10% 4.55% 5.42% -1.48% 5.32% 5.38% - - - - -
Benchmark 0.38% 4.91% 9.08% 8.36% 15.55% 7.33% -0.29% 6.62% 4.48% 3.38% 4.24% 7.10% 4.72% 5.89%
Category Average 0.31% 8.16% 8.16% 6.28% 12.47% 5.34% -3.88% 5.35% 3.41% 1.86% 2.72% 5.41% 3.31% 3.57%
Category Rank 310 / 336 299 / 326 286 / 323 319 / 323 289 / 311 167 / 298 101 / 276 149 / 262 82 / 248 - - - - -
Quartile Ranking 4 4 4 4 4 3 2 3 2 - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.65% -0.21% -3.02% -3.97% -1.31% 8.59% 3.17% -3.50% 3.53% 3.05% -1.16% -0.64%
Benchmark 1.39% 5.60% -2.72% -1.99% -1.05% 4.87% 0.67% -2.21% 5.63% 1.24% 3.23% 0.38%

Best Monthly Return Since Inception

12.46% (July 2020)

Worst Monthly Return Since Inception

-12.26% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 11.05% 36.63% -4.26% -16.73% 12.96%
Benchmark 8.76% 2.69% 7.90% 26.42% -6.05% 15.55% 11.45% 0.08% -12.38% 7.03%
Category Average 2.91% -3.92% 6.53% 28.88% -11.86% 15.06% 17.52% -3.30% -17.32% 8.68%
Quartile Ranking - - - - - 4 1 3 3 1
Category Rank - - - - - 196/ 242 14/ 257 182/ 265 171/ 285 58/ 306

Best Calendar Return (Last 10 years)

36.63% (2020)

Worst Calendar Return (Last 10 years)

-16.73% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 97.54
Cash and Equivalents 2.46

Sector Allocation

Sector Allocation
Name Percent
Technology 33.75
Financial Services 19.75
Consumer Goods 15.20
Telecommunications 8.79
Industrial Goods 7.45
Other 15.06

Geographic Allocation

Geographic Allocation
Name Percent
Asia 67.04
Latin America 24.38
Europe 6.11
North America 2.46
Other 0.01

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd - ADR 8.75
Samsung Electronics Co Ltd 7.25
Fomento Economico Mexicano SAB de CV - ADR 6.14
Maruti Suzuki India Ltd 5.88
Tata Consultancy Services Ltd 5.55
Dino Polska SA 5.22
Bank Central Asia Tbk PT 4.66
HDFC Bank Ltd - ADR 4.28
America Movil SAB de CV - ADR Cl L 4.16
SK Hynix Inc 3.48

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 Emerging Markets Concentrated Equity Fund A

Median

Other - Emerging Markets Equity

3 Yr Annualized

Standard Deviation 14.46% 15.99% -
Beta 0.82% 0.90% -
Alpha -0.01% 0.02% -
Rsquared 0.56% 0.61% -
Sharpe -0.23% 0.28% -
Sortino -0.36% 0.35% -
Treynor -0.04% 0.05% -
Tax Efficiency - - -
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 -

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.56% 14.46% 15.99% -
Beta 0.82% 0.82% 0.90% -
Alpha -0.07% -0.01% 0.02% -
Rsquared 0.47% 0.56% 0.61% -
Sharpe 0.03% -0.23% 0.28% -
Sortino 0.31% -0.36% 0.35% -
Treynor 0.00% -0.04% 0.05% -
Tax Efficiency 98.83% - - -

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 October 22, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $243

Fund Codes

FundServ Code Load Code Sales Status
MAX1268

Investment Objectives

The Fund seeks to achieve long-term capital growth by investing primarily in a portfolio of equity securities of companies in emerging markets. Emerging markets include any country that is generally considered to be an emerging or developing country by MSCI. The Fund will focus its investments in those emerging market countries that the portfolio manager believes have strongly developing economies and in which the markets are becoming more sophisticated. Any proposed change to

Investment Strategy

The sub-advisor follows a core investment style, seeking quality companies at a reasonable price. The investment process is centered around rigorous fundamental research, blending top-down and bottom-up analysis backed by strong risk management, as discussed below. The top-down research process focuses on conducting sovereign (country) risk analysis to determine a country risk factor for each emerging market.

Portfolio Manager(s)

Name Start Date
Pier 21 Asset Management Inc. 07-24-2019
Canada Life Investment Management Ltd. 12-08-2022
Northcape Capital 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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.68%
Management Fee 2.15%
Load Back Fee Only
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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