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Canada Life Unconstrained Fixed Income Fund A

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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
(08-22-2025) 		$8.62
Change
$0.02 (0.27%)

As at July 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jul 2025Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025J…$9,000$10,000$8,500$9,500$10,500$11,000$11,500Period

Legend

Canada Life Unconstrained Fixed Income Fund A

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Fund Returns

Inception Return (September 09, 2020): 0.63%

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 0.19% 1.63% 1.34% 1.90% 3.63% 4.79% 3.81% 0.79% - - - - - -
Benchmark 0.41% 1.33% 0.81% 2.23% 5.95% 8.29% 6.28% 1.11% -0.07% 1.57% 2.40% 2.59% 2.05% 2.68%
Category Average 0.16% 2.00% 2.33% 3.08% 4.33% 5.33% - - - - - - - -
Category Rank 186 / 322 239 / 318 228 / 318 251 / 313 246 / 300 227 / 289 201 / 289 177 / 270 - - - - - -
Quartile Ranking 3 4 3 4 4 4 3 3 - - - - - -

Monthly Return

Created with Highcharts 10.3.3-3%-2%-1%0%1%2%3%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.88% 1.24% -0.51% 0.76% -0.67% 0.56% 0.86% -0.89% -0.25% 0.34% 1.10% 0.19%
Benchmark -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37% -1.88% -0.45% 1.36% 0.41%

Best Monthly Return Since Inception

3.05% (January 2023)

Worst Monthly Return Since Inception

-2.29% (June 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - -1.77% -8.10% 5.78% 4.43%
Benchmark 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25% 9.76%
Category Average - - - - - - - - - 3.89%
Quartile Ranking - - - - - - 4 2 3 3
Category Rank - - - - - - 247/ 263 114/ 271 213/ 289 205/ 298

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 41.46
Canadian Corporate Bonds 20.69
Foreign Government Bonds 16.59
Cash and Equivalents 12.33
Canadian Government Bonds 3.84
Other 5.09

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 85.65
Cash and Cash Equivalent 12.33
Consumer Goods 0.56
Utilities 0.56
Exchange Traded Fund 0.49
Other 0.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.42
Europe 3.56
Latin America 2.70
Asia 2.36
Multi-National 0.57
Other 4.39

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return3456789101112-2%0%2%4%6%8%10%12%

Canada Life Unconstrained Fixed Income Fund A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 4.24% - -
Beta 0.54% - -
Alpha 0.00% - -
Rsquared 0.46% - -
Sharpe -0.04% - -
Sortino 0.32% - -
Treynor 0.00% - -
Tax Efficiency 58.03% - -
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 2.51% 4.24% - -
Beta 0.32% 0.54% - -
Alpha 0.02% 0.00% - -
Rsquared 0.21% 0.46% - -
Sharpe 0.16% -0.04% - -
Sortino 0.34% 0.32% - -
Treynor 0.01% 0.00% - -
Tax Efficiency 49.46% 58.03% - -

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) $25

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 Management

Portfolio Manager

Canada Life Investment Management Ltd.
Sub-Advisor

Mackenzie Financial Corporation

  • Konstantin Boehmer
  • Dan Cooper
  • Hadiza Djataou
  • Movin Mokbel
  • Ken Yip

Management and Organization

Fund Manager

Canada Life Investment Management Ltd.
Custodian

-
Registrar

-
Distributor

-

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 1.53%
Management Fee 1.10%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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