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Canada Life Global Multi Sector Bond Fund A
Multi-Sector Fixed Income
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FundGrade D
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FundGrade A+® Rating Recipient
2021
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|
NAVPS (08-14-2026) |
$8.97 |
|---|---|
| Change |
-$0.03
(-0.28%)
|
As at July 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 18, 2018): 2.36%
| 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 | -0.51% | 1.18% | 1.40% | 2.36% | 4.90% | 3.73% | 3.76% | 2.67% | -0.21% | 0.33% | 1.65% | - | - | - |
| Benchmark | -1.95% | 2.16% | 1.94% | 1.68% | 3.75% | 4.85% | 6.76% | 5.64% | 1.63% | 0.56% | 1.88% | 2.57% | 2.72% | 2.22% |
| Category Average | -0.89% | -0.13% | -0.37% | 0.05% | 2.69% | 3.51% | 4.45% | - | - | - | - | - | - | - |
| Category Rank | 53 / 321 | 48 / 321 | 47 / 317 | 27 / 316 | 44 / 314 | 153 / 284 | 219 / 273 | 237 / 273 | 236 / 254 | 218 / 238 | 161 / 220 | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 4 | 3 | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.82% | 1.47% | 0.29% | 0.25% | -0.37% | 0.95% | 0.30% | -1.13% | 1.05% | 0.89% | 0.80% | -0.51% |
| Benchmark | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% | -1.95% |
Best Monthly Return Since Inception
3.65% (December 2023)
Worst Monthly Return Since Inception
-4.29% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 8.14% | 11.17% | -1.22% | -13.88% | 6.55% | 3.06% | 3.80% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | - | - | - | 3 | 1 | 4 | 4 | 3 | 4 | 4 |
| Category Rank | - | - | - | 109/ 213 | 8/ 234 | 220/ 247 | 246/ 255 | 164/ 273 | 244/ 282 | 254/ 299 |
Best Calendar Return (Last 10 years)
11.17% (2020)
Worst Calendar Return (Last 10 years)
-13.88% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 38.06 |
| Foreign Government Bonds | 27.15 |
| Cash and Equivalents | 15.96 |
| Mortgages | 15.33 |
| Foreign Bonds - Other | 3.22 |
| Other | 0.28 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 84.04 |
| Cash and Cash Equivalent | 15.96 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 79.47 |
| Latin America | 19.85 |
| Africa and Middle East | 0.42 |
| Europe | 0.15 |
| Other | 0.11 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury F/R 30-Apr-2027 | 9.08 |
| Cash and Cash Equivalents | 6.31 |
| United States Treasury F/R 31-Jan-2028 | 5.75 |
| Mexico Government 8.00% 31-Jul-2053 | 4.49 |
| Brazil Government 10.00% 01-Jan-2033 | 2.77 |
| Argentina Government 4.13% 09-Jul-2035 | 2.31 |
| Colombia Government 11.50% 25-Jul-2046 | 2.26 |
| Freddie Mac Stacr Remic Trust 7.67% 25-Nov-2043 | 1.99 |
| Brazil Government 10.00% 01-Jan-2035 | 1.97 |
| Connecticut Avenue Securities 7.32% 25-Jan-2042 | 1.51 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canada Life Global Multi Sector Bond Fund A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.30% | 5.41% | - |
|---|---|---|---|
| Beta | 0.55 | 0.60 | - |
| Alpha | 0.00 | -0.01 | - |
| Rsquared | 0.37% | 0.45% | - |
| Sharpe | 0.08 | -0.56 | - |
| Sortino | 0.28 | -0.72 | - |
| Treynor | 0.01 | -0.05 | - |
| Tax Efficiency | 33.54% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.61% | 4.30% | 5.41% | - |
| Beta | 0.31 | 0.55 | 0.60 | - |
| Alpha | 0.04 | 0.00 | -0.01 | - |
| Rsquared | 0.37% | 0.37% | 0.45% | - |
| Sharpe | 0.97 | 0.08 | -0.56 | - |
| Sortino | 1.08 | 0.28 | -0.72 | - |
| Treynor | 0.08 | 0.01 | -0.05 | - |
| Tax Efficiency | 42.39% | 33.54% | - | - |
Fund Details
| Start Date | December 18, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $521 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX1262 |
Investment Objectives
The Fund seeks to generate a high level of income over a full market cycle, regardless of market conditions, with a secondary objective of capital preservation by investing mainly in fixed income securities of issuers anywhere in the world. 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 uses a dual approach to research, combining both macro and fundamental research into a holistic process to deploy capital more efficiently. The Fund also adopts a flexible approach allowing it to dynamically rotate exposures to align with the market environment. This involves investing across various fixed income credit ratings, duration, structures, sectors, currencies and countries, and may, at any time, invest a significant portion of its net assets in any one area noted below.
Portfolio Management
| Portfolio Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Sub-Advisor |
Brandywine Global Investment Management, LLC
|
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 | 1.94% |
|---|---|
| Management Fee | 1.55% |
| 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) | - |
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