Join Fund Library now and get free access to personalized features to help you manage your investments.
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (01-24-2025) |
$14.05 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at December 31, 2024
As at October 31, 2024
Loading...
Inception Return (July 08, 2013): 5.49%
| 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 | -1.08% | 1.15% | 6.92% | 11.94% | 11.94% | 9.96% | 3.58% | 5.10% | 5.06% | 6.31% | 4.82% | 5.11% | 5.80% | 5.10% |
| Benchmark | -2.03% | 2.05% | 10.03% | 13.55% | 13.55% | 11.47% | 4.48% | 6.29% | 6.55% | 8.01% | 6.16% | 6.17% | 6.80% | 5.77% |
| Category Average | -1.58% | 1.25% | 7.25% | 11.70% | 11.70% | 9.97% | 3.11% | 4.99% | 5.26% | 6.44% | 4.77% | 4.89% | 5.08% | 4.57% |
| Category Rank | 98 / 452 | 285 / 452 | 363 / 452 | 314 / 446 | 314 / 446 | 289 / 432 | 253 / 412 | 304 / 392 | 296 / 377 | 282 / 368 | 258 / 358 | 221 / 347 | 173 / 334 | 172 / 301 |
| Quartile Ranking | 1 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.40% | 1.80% | 2.03% | -1.83% | 1.91% | 0.35% | 3.24% | 0.58% | 1.80% | -0.09% | 2.34% | -1.08% |
| Benchmark | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% |
5.93% (November 2020)
-8.87% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.02% | 11.45% | 7.19% | -3.68% | 12.81% | 4.88% | 9.78% | -8.08% | 8.01% | 11.94% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
| Quartile Ranking | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 3 |
| Category Rank | 201/ 301 | 87/ 334 | 107/ 347 | 170/ 358 | 248/ 368 | 280/ 377 | 324/ 392 | 221/ 412 | 287/ 432 | 314/ 446 |
12.81% (2019)
-8.08% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 28.86 |
| Foreign Corporate Bonds | 19.85 |
| US Equity | 16.60 |
| Canadian Corporate Bonds | 13.22 |
| International Equity | 8.91 |
| Other | 12.56 |
| Name | Percent |
|---|---|
| Fixed Income | 38.63 |
| Financial Services | 13.75 |
| Technology | 7.98 |
| Energy | 7.11 |
| Cash and Cash Equivalent | 6.08 |
| Other | 26.45 |
| Name | Percent |
|---|---|
| North America | 87.45 |
| Europe | 8.14 |
| Asia | 2.49 |
| Latin America | 0.85 |
| Africa and Middle East | 0.15 |
| Other | 0.92 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 3.48 |
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 2.41 |
| Royal Bank of Canada | 2.30 |
| Toronto-Dominion Bank | 1.53 |
| Canadian Natural Resources Ltd | 1.36 |
| Bank of Montreal | 1.34 |
| Microsoft Corp | 1.33 |
| Canadian Pacific Kansas City Ltd | 1.19 |
| Apple Inc | 1.05 |
| Mackenzie Floating Rate Income ETF (MFT) | 1.01 |
Canada Life Strategic Income Fund A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.35% | 8.84% | 7.30% |
|---|---|---|---|
| Beta | 0.82% | 0.81% | 0.83% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.95% | 0.95% | 0.89% |
| Sharpe | 0.03% | 0.34% | 0.50% |
| Sortino | 0.15% | 0.36% | 0.43% |
| Treynor | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 82.64% | 81.23% | 81.54% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.16% | 8.35% | 8.84% | 7.30% |
| Beta | 0.68% | 0.82% | 0.81% | 0.83% |
| Alpha | 0.03% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.88% | 0.95% | 0.95% | 0.89% |
| Sharpe | 1.37% | 0.03% | 0.34% | 0.50% |
| Sortino | 3.39% | 0.15% | 0.36% | 0.43% |
| Treynor | 0.10% | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 94.01% | 82.64% | 81.23% | 81.54% |
| Start Date | July 08, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,807 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7823 | ||
| MAX7923 | ||
| MAX8023 |
The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed income and/or income-oriented equity securities. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of votes cast at a meeting of the Fund’s investors called for that purpose.
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. Currently, it invests primarily in North America. The Fund will generally invest 30% to 70% of its assets in any one asset class, but may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio manager’s assessment of relative valuations.
| Name | Start Date |
|---|---|
| Mackenzie Financial Corporation | 07-21-2022 |
| Canada Life Investment Management Ltd. | 12-08-2022 |
| Fund Manager | Canada Life Investment Management Ltd. |
|---|---|
| Advisor | Canada Life Investment Management Ltd. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Mackenzie Investments |
| Distributor | Quadrus Investment Services Limited |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.30% |
|---|---|
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
