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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-20-2024) |
$13.73 |
|---|---|
| Change |
$0.06
(0.40%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (July 08, 2013): 5.63%
| 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 | 2.34% | 4.09% | 8.46% | 13.16% | 16.64% | 9.43% | 4.76% | 5.78% | 5.36% | 6.01% | 4.89% | 5.45% | 5.68% | 5.07% |
| Benchmark | 4.18% | 6.83% | 12.94% | 15.91% | 20.18% | 10.78% | 6.02% | 7.13% | 6.97% | 7.95% | 6.55% | 6.53% | 6.90% | 5.99% |
| Category Average | 3.23% | 4.88% | 9.32% | 13.49% | 17.15% | 9.29% | 4.60% | 5.81% | 5.57% | 6.25% | 5.00% | 5.20% | 5.17% | 4.71% |
| Category Rank | 425 / 452 | 398 / 452 | 418 / 452 | 361 / 446 | 363 / 446 | 270 / 432 | 306 / 410 | 321 / 392 | 293 / 377 | 290 / 368 | 266 / 356 | 219 / 347 | 196 / 334 | 183 / 301 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.08% | 0.40% | 1.80% | 2.03% | -1.83% | 1.91% | 0.35% | 3.24% | 0.58% | 1.80% | -0.09% | 2.34% |
| Benchmark | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% |
5.93% (November 2020)
-8.87% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.70% | -1.02% | 11.45% | 7.19% | -3.68% | 12.81% | 4.88% | 9.78% | -8.08% | 8.01% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 4 | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 3 |
| Category Rank | 264/ 287 | 201/ 301 | 87/ 334 | 107/ 347 | 170/ 358 | 248/ 368 | 280/ 377 | 324/ 392 | 221/ 412 | 287/ 432 |
12.81% (2019)
-8.08% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 29.01 |
| Foreign Corporate Bonds | 19.94 |
| US Equity | 16.21 |
| Canadian Corporate Bonds | 13.57 |
| International Equity | 9.24 |
| Other | 12.03 |
| Name | Percent |
|---|---|
| Fixed Income | 39.01 |
| Financial Services | 13.79 |
| Technology | 7.80 |
| Energy | 6.86 |
| Cash and Cash Equivalent | 5.41 |
| Other | 27.13 |
| Name | Percent |
|---|---|
| North America | 86.92 |
| Europe | 8.53 |
| Asia | 2.42 |
| Latin America | 0.84 |
| Africa and Middle East | 0.15 |
| Other | 1.14 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 2.46 |
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 2.41 |
| Royal Bank of Canada | 2.32 |
| Toronto-Dominion Bank | 1.69 |
| Microsoft Corp | 1.37 |
| Bank of Montreal | 1.28 |
| Canadian Natural Resources Ltd | 1.28 |
| Canadian Pacific Kansas City Ltd | 1.27 |
| Apple Inc | 1.05 |
| Sun Life Financial Inc | 1.01 |
Canada Life Strategic Income Fund A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.38% | 8.81% | 7.31% |
|---|---|---|---|
| Beta | 0.83% | 0.82% | 0.83% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.95% | 0.95% | 0.89% |
| Sharpe | 0.17% | 0.38% | 0.49% |
| Sortino | 0.35% | 0.41% | 0.42% |
| Treynor | 0.02% | 0.04% | 0.04% |
| Tax Efficiency | 85.92% | 82.19% | 80.92% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.05% | 8.38% | 8.81% | 7.31% |
| Beta | 0.71% | 0.83% | 0.82% | 0.83% |
| Alpha | 0.02% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.87% | 0.95% | 0.95% | 0.89% |
| Sharpe | 2.20% | 0.17% | 0.38% | 0.49% |
| Sortino | 5.99% | 0.35% | 0.41% | 0.42% |
| Treynor | 0.16% | 0.02% | 0.04% | 0.04% |
| Tax Efficiency | 95.38% | 85.92% | 82.19% | 80.92% |
| 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) | $1,836 |
| 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) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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