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Canada Life Global Balanced Fund A

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Global Equity Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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
(11-14-2025) 		$13.21
Change
-$0.05 (-0.40%)

As at October 31, 2025

As at August 31, 2025

As at October 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Oct 2025Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$10,000$12,000$14,000$9,000$11,000$13,000$15,000Period

Legend

Canada Life Global Balanced Fund A

Compare Options

Fund Returns

Inception Return (July 13, 2016): 5.77%

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 0.94% 4.19% 9.72% 6.77% 9.73% 15.75% 12.67% 6.08% 6.88% 6.65% 6.71% 5.84% 5.93% -
Benchmark 2.18% 8.14% 18.02% 14.66% 18.95% 22.85% 18.36% 9.81% 11.37% 10.56% 10.82% 9.52% 9.92% 9.53%
Category Average 1.24% 6.09% 13.90% 11.71% 14.14% 18.59% 14.01% 6.73% 9.36% 8.09% 8.19% 6.80% 7.18% 6.83%
Category Rank 1,000 / 1,292 1,147 / 1,287 1,180 / 1,285 1,168 / 1,264 1,140 / 1,264 1,088 / 1,230 907 / 1,154 778 / 1,094 875 / 990 790 / 955 754 / 856 654 / 784 618 / 720 -
Quartile Ranking 4 4 4 4 4 4 4 3 4 4 4 4 4 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 3.46% -0.67% 3.90% 0.07% -3.25% -3.25% 2.97% 1.36% 0.90% 1.05% 2.15% 0.94%
Benchmark 3.57% 0.16% 3.26% -0.48% -3.00% -2.54% 3.76% 3.03% 2.10% 1.67% 4.09% 2.18%

Best Monthly Return Since Inception

6.25% (November 2022)

Worst Monthly Return Since Inception

-5.57% (February 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 - - 5.39% -0.04% 10.12% 9.92% 6.45% -10.30% 9.18% 17.59%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42% 15.99%
Quartile Ranking - - 4 1 4 2 4 2 4 2
Category Rank - - 690/ 721 77/ 791 839/ 874 363/ 959 972/ 1,007 413/ 1,104 931/ 1,154 510/ 1,237

Best Calendar Return (Last 10 years)

17.59% (2024)

Worst Calendar Return (Last 10 years)

-10.30% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 52.42
International Equity 20.33
Foreign Government Bonds 17.46
Canadian Equity 2.83
Cash and Equivalents 2.19
Other 4.77

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 22.17
Technology 21.39
Financial Services 11.93
Healthcare 10.80
Consumer Services 10.74
Other 22.97

Geographic Allocation

Geographic Allocation
Name Percent
North America 73.61
Europe 22.11
Asia 2.58
Latin America 1.27
Africa and Middle East 0.36
Other 0.07

Top Holdings

Top Holdings
Name Percent
Alphabet Inc Cl A 3.76
Microsoft Corp 3.68
Amphenol Corp Cl A 3.47
Amazon.com Inc 3.39
United States Treasury 4.25% 15-May-2035 3.15
Brookfield Corp Cl A 2.82
Berkshire Hathaway Inc Cl B 2.59
Texas Instruments Inc 2.56
Apple Inc 2.51
Halma PLC 2.48

Equity Style

Market capitalization is large. Equity style is growth.

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 Return56789101112131415160%5%10%15%20%25%30%

Canada Life Global Balanced Fund A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 8.16% 8.82% -
Beta 0.90% 0.86% -
Alpha -0.03% -0.03% -
Rsquared 0.86% 0.88% -
Sharpe 1.02% 0.50% -
Sortino 1.99% 0.70% -
Treynor 0.09% 0.05% -
Tax Efficiency 94.72% 84.03% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.03% 8.16% 8.82% -
Beta 0.90% 0.90% 0.86% -
Alpha -0.06% -0.03% -0.03% -
Rsquared 0.89% 0.86% 0.88% -
Sharpe 0.85% 1.02% 0.50% -
Sortino 1.31% 1.99% 0.70% -
Treynor 0.08% 0.09% 0.05% -
Tax Efficiency 81.66% 94.72% 84.03% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A33.9​33.942.4​42.40%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: A25.8​25.842.7​42.70%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: A31.3​31.341.0​41.00%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: A65.6​65.646.8​46.80%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 July 13, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $622

Fund Codes

FundServ Code Load Code Sales Status
MAX7822
MAX7922
MAX8022

Investment Objectives

The Fund seeks capital growth and current income by investing primarily in a combination of equity and fixed income securities of issuers located 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’s asset mix will generally be kept within the following ranges: 60-90% equity securities; 10-40% fixed income securities, including cash and cash equivalents. The asset allocation portfolio manager will adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class. The equity portfolio manager employs a blended growth and value investment style.

Portfolio Management

Portfolio Manager

Canada Life Investment Management Ltd.

  • Paul Musson
  • Matt Moody
Sub-Advisor

Mackenzie Financial Corporation

  • Nelson Arruda
  • Konstantin Boehmer
  • Dan Cooper
  • Hadiza Djataou
  • Adam Gofton
  • Jason Miller
  • Hussein Sunderji

Management and Organization

Fund Manager

Canada Life Investment Management Ltd.
Custodian

CIBC Mellon Trust Company
Registrar

Mackenzie Investments
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 2.34%
Management Fee 1.85%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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