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Canada Life Unconstrained Fixed Income Fund A

Multi-Sector Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-11-2024)
$8.80
Change
$0.00 (-0.02%)

As at November 30, 2024

As at September 30, 2024

Period
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Legend

Canada Life Unconstrained Fixed Income Fund A

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Fund Returns

Inception Return (September 09, 2020): 0.44%

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 0.76% 1.49% 4.95% 5.14% 8.06% 5.44% 0.89% 0.28% - - - - - -
Benchmark 0.96% 3.30% 7.79% 9.02% 10.50% 7.28% 0.55% -0.44% 0.89% 2.29% 1.95% 2.15% 2.52% 3.45%
Category Average 1.02% 1.01% 4.55% 4.77% 8.00% - - - - - - - - -
Category Rank 288 / 310 118 / 297 129 / 295 165 / 293 174 / 293 171 / 284 124 / 276 165 / 266 - - - - - -
Quartile Ranking 4 2 2 3 3 3 2 3 - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.79% 0.07% -0.27% 0.71% -1.64% 1.34% 0.74% 1.76% 0.88% 1.24% -0.51% 0.76%
Benchmark 1.36% 0.46% 0.43% 0.67% -0.78% 0.36% 1.11% 3.56% -0.33% 1.97% 0.33% 0.96%

Best Monthly Return Since Inception

3.05% (January 2023)

Worst Monthly Return Since Inception

-2.29% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - -1.77% -8.10% 5.78%
Benchmark 11.01% 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - - 4 2 3
Category Rank - - - - - - - 236/ 266 97/ 276 188/ 284

Best Calendar Return (Last 10 years)

5.78% (2023)

Worst Calendar Return (Last 10 years)

-8.10% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 36.89
Canadian Corporate Bonds 22.65
Foreign Government Bonds 18.09
Cash and Equivalents 15.38
Foreign Bonds - Other 1.84
Other 5.15

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 82.25
Cash and Cash Equivalent 15.38
Mutual Fund 0.53
Utilities 0.53
Consumer Goods 0.52
Other 0.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.99
Europe 6.17
Latin America 2.31
Africa and Middle East 1.85
Asia 1.54
Other 0.14

Top Holdings

Top Holdings
Name Percent
Mackenzie Unconstrained Fixed Income Fund A 100.00

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Canada Life Unconstrained Fixed Income Fund A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 4.95% - -
Beta 0.58% - -
Alpha 0.01% - -
Rsquared 0.60% - -
Sharpe -0.51% - -
Sortino -0.56% - -
Treynor -0.04% - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 - -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.98% 4.95% - -
Beta 0.66% 0.58% - -
Alpha 0.01% 0.01% - -
Rsquared 0.41% 0.60% - -
Sharpe 0.84% -0.51% - -
Sortino 2.29% -0.56% - -
Treynor 0.05% -0.04% - -
Tax Efficiency 80.23% - - -

Fund Details

Start Date September 09, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Partially Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $29

Fund Codes

FundServ Code Load Code Sales Status
MAX7812
MAX7912
MAX8012

Investment Objectives

The Fund aims to provide a positive total return over a market cycle, regardless of market conditions, by investing primarily in fixed income securities of issuers anywhere in the world and derivative instruments. 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 Fund may invest up to 100% of its assets in securities of Mackenzie Unconstrained Fixed Income Fund and/or invest directly in securities. The Underlying Fund(s) in which the Fund invests may be managed by CLIML or an affiliate or associate of CLIML.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 12-08-2022
Canada Life Investment Management Ltd. 12-08-2022

Management and Organization

Fund Manager Canada Life Investment Management Ltd.
Advisor Canada Life Investment Management Ltd.
Custodian -
Registrar -
Distributor -
Auditor -

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 1.63%
Management Fee 1.10%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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