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Canada Life Canadian Fundamental Equity Fund A

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Canadian 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

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-04-2025) 		$17.96
Change
-$0.34 (-1.83%)

As at September 30, 2025

As at July 31, 2025

As at September 30, 2025

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

Legend

Canada Life Canadian Fundamental Equity Fund A

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Fund Returns

Inception Return (October 22, 2018): 9.60%

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 4.60% 10.32% 20.14% 18.96% 24.58% 21.73% 15.64% 9.72% 12.75% 10.38% - - - -
Benchmark 5.40% 12.50% 22.09% 23.93% 28.60% 27.66% 21.31% 14.00% 16.68% 13.71% 12.74% 11.86% 11.56% 11.82%
Category Average 3.73% 8.51% 17.60% 18.38% 21.36% 22.37% 17.38% 11.53% 14.41% 11.36% 10.37% 9.59% 9.33% 9.56%
Category Rank 176 / 767 202 / 763 202 / 744 350 / 739 215 / 739 460 / 702 578 / 683 526 / 637 484 / 578 418 / 540 - - - -
Quartile Ranking 1 2 2 2 2 3 4 4 4 4 - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.89% 6.73% -2.74% 2.61% -1.10% -2.43% 0.79% 4.98% 2.92% 1.17% 4.25% 4.60%
Benchmark 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69% 4.96% 5.40%

Best Monthly Return Since Inception

14.27% (April 2020)

Worst Monthly Return Since Inception

-22.73% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 23.99% 5.91% 15.93% -5.73% 3.36% 20.35%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking - - - - 1 2 4 3 4 2
Category Rank - - - - 58/ 521 147/ 547 574/ 582 390/ 650 671/ 687 247/ 712

Best Calendar Return (Last 10 years)

23.99% (2019)

Worst Calendar Return (Last 10 years)

-5.73% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 97.37
Income Trust Units 1.43
Cash and Equivalents 1.20

Sector Allocation

Sector Allocation
Name Percent
Financial Services 32.21
Basic Materials 13.54
Technology 11.87
Energy 11.45
Industrial Services 9.43
Other 21.50

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.67
Latin America 0.33

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 6.88
Shopify Inc Cl A 5.43
Toronto-Dominion Bank 5.18
Agnico Eagle Mines Ltd 3.81
Canadian Pacific Kansas City Ltd 3.07
Canadian Imperial Bank of Commerce 2.80
Constellation Software Inc 2.80
TC Energy Corp 2.45
Manulife Financial Corp 2.42
Kinross Gold Corp 1.96

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 Return6810121416182022245%10%15%20%25%30%35%40%45%

Canada Life Canadian Fundamental Equity Fund A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 10.29% 11.22% -
Beta 0.81% 0.82% -
Alpha -0.01% -0.01% -
Rsquared 0.92% 0.88% -
Sharpe 1.08% 0.90% -
Sortino 2.12% 1.49% -
Treynor 0.14% 0.12% -
Tax Efficiency 98.56% 98.41% -
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 10.41% 10.29% 11.22% -
Beta 0.95% 0.81% 0.82% -
Alpha -0.02% -0.01% -0.01% -
Rsquared 0.96% 0.92% 0.88% -
Sharpe 1.90% 1.08% 0.90% -
Sortino 4.64% 2.12% 1.49% -
Treynor 0.21% 0.14% 0.12% -
Tax Efficiency 99.92% 98.56% 98.41% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A50.7​50.740.5​40.50%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: A46.9​46.943.7​43.70%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: A49.6​49.637.1​37.10%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: A47.8​47.835.7​35.70%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.

View the full methodology

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) $168

Fund Codes

FundServ Code Load Code Sales Status
MAX1263

Investment Objectives

The Fund seeks to provide long-term capital appreciation by investment primarily in Canadian equity securities. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.

Investment Strategy

The Fund seeks to measure intrinsic value of investable stocks and transact when market prices offer opportunities. The investment process seeks to identify and value future earnings power and balance sheet structure using reasonable expectations about future economic conditions and high discount rates. The Fund holds a concentrated all cap and industry diverse stock selection. Generally, the Fund will not invest its assets outside of Canada.

Portfolio Management

Portfolio Manager

Canada Life Investment Management Ltd.
Sub-Advisor

Connor, Clark & Lunn Investment Management Ltd.

  • Gary Baker
  • Andrew Zimcik

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.43%
Management Fee 2.00%
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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