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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-27-2025) |
$14.09 |
|---|---|
| Change |
$0.10
(0.75%)
|
As at April 30, 2025
As at February 28, 2025
Inception Return (July 08, 2013): 5.32%
| 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 | -1.47% | -2.53% | 1.11% | -0.12% | 9.20% | 7.15% | 5.49% | 4.08% | 6.47% | 4.64% | 4.91% | 4.40% | 5.58% | 4.60% |
| Benchmark | -0.40% | -1.07% | 3.42% | 1.33% | 13.82% | 8.99% | 6.79% | 5.79% | 7.79% | 6.40% | 6.65% | 5.97% | 6.35% | 5.49% |
| Category Average | -1.02% | -2.31% | 1.62% | 0.02% | 9.89% | 7.30% | 5.49% | 4.10% | 6.43% | 4.91% | 4.98% | 4.45% | 4.96% | 4.21% |
| Category Rank | 318 / 447 | 255 / 447 | 366 / 447 | 267 / 447 | 342 / 447 | 329 / 429 | 262 / 416 | 317 / 388 | 294 / 377 | 295 / 367 | 268 / 360 | 240 / 345 | 166 / 332 | 171 / 297 |
| Quartile Ranking | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 3 | 3 | 2 | 3 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.91% | 0.35% | 3.24% | 0.58% | 1.80% | -0.09% | 2.34% | -1.08% | 2.48% | 0.43% | -1.51% | -1.47% |
| Benchmark | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% | 0.29% | -0.96% | -0.40% |
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 | 197/ 297 | 87/ 330 | 104/ 343 | 170/ 354 | 245/ 364 | 279/ 373 | 320/ 388 | 216/ 407 | 282/ 427 | 309/ 441 |
12.81% (2019)
-8.08% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 30.10 |
| Foreign Corporate Bonds | 19.77 |
| US Equity | 16.42 |
| Canadian Corporate Bonds | 13.43 |
| International Equity | 8.51 |
| Other | 11.77 |
| Name | Percent |
|---|---|
| Fixed Income | 38.76 |
| Financial Services | 14.60 |
| Technology | 7.65 |
| Energy | 7.10 |
| Cash and Cash Equivalent | 5.25 |
| Other | 26.64 |
| Name | Percent |
|---|---|
| North America | 88.14 |
| Europe | 7.65 |
| Asia | 2.51 |
| Latin America | 0.63 |
| Africa and Middle East | 0.13 |
| Other | 0.94 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 3.05 |
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 2.40 |
| Royal Bank of Canada | 2.36 |
| Toronto-Dominion Bank | 1.59 |
| Bank of Montreal | 1.51 |
| Canadian Pacific Kansas City Ltd | 1.27 |
| Microsoft Corp | 1.23 |
| Canadian Natural Resources Ltd | 1.22 |
| Apple Inc | 1.12 |
| Agnico Eagle Mines Ltd | 1.12 |
Canada Life Strategic Income Fund A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.20% | 7.49% | 7.32% |
|---|---|---|---|
| Beta | 0.84% | 0.84% | 0.83% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.95% | 0.94% | 0.89% |
| Sharpe | 0.22% | 0.55% | 0.42% |
| Sortino | 0.49% | 0.74% | 0.34% |
| Treynor | 0.02% | 0.05% | 0.04% |
| Tax Efficiency | 88.25% | 84.98% | 80.10% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.58% | 8.20% | 7.49% | 7.32% |
| Beta | 0.77% | 0.84% | 0.84% | 0.83% |
| Alpha | -0.01% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.86% | 0.95% | 0.94% | 0.89% |
| Sharpe | 0.94% | 0.22% | 0.55% | 0.42% |
| Sortino | 2.12% | 0.49% | 0.74% | 0.34% |
| Treynor | 0.07% | 0.02% | 0.05% | 0.04% |
| Tax Efficiency | 92.69% | 88.25% | 84.98% | 80.10% |
| 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) | $1,742 |
| 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.
| Portfolio Manager |
Canada Life Investment Management Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation |
| 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 |
| 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) | - |
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