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Canada Life Canadian Dividend Fund A
Canadian Div & Inc Equity
Click for more information on Fundata’s FundGrade
FundGrade C
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
Click for more information on Fundata’s ESG Grade.
|
NAVPS (07-22-2026) |
$38.86 |
|---|---|
| Change |
$0.19
(0.49%)
|
As at June 30, 2026
As at April 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (October 15, 1986): 8.55%
| 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 | 0.73% | 7.67% | 14.41% | 14.41% | 27.95% | 23.16% | 17.51% | 14.04% | 11.78% | 14.77% | 10.77% | 10.01% | 9.47% | 9.70% |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 1.43% | 7.80% | 12.95% | 12.95% | 25.48% | 22.61% | 17.43% | 14.19% | 11.71% | 14.99% | 11.30% | 10.42% | 9.82% | 9.91% |
| Category Rank | 399 / 476 | 293 / 473 | 157 / 464 | 157 / 464 | 167 / 458 | 210 / 448 | 254 / 435 | 272 / 427 | 249 / 400 | 256 / 389 | 283 / 385 | 265 / 363 | 256 / 343 | 227 / 324 |
| Quartile Ranking | 4 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.90% | 3.05% | 4.16% | -0.47% | 2.87% | 0.86% | 1.96% | 7.60% | -3.15% | 3.41% | 3.37% | 0.73% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
11.63% (November 2020)
Worst Monthly Return Since Inception
-16.02% (August 1998)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 16.93% | 8.10% | -8.62% | 19.36% | -3.99% | 25.50% | -2.17% | 5.67% | 14.43% | 19.69% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 17.48% | 7.25% | -7.75% | 18.42% | -1.18% | 26.41% | -3.72% | 7.17% | 15.51% | 19.73% |
| Quartile Ranking | 3 | 2 | 3 | 2 | 4 | 3 | 2 | 4 | 4 | 3 |
| Category Rank | 170/ 298 | 158/ 330 | 251/ 355 | 173/ 375 | 322/ 389 | 263/ 396 | 175/ 418 | 368/ 430 | 336/ 439 | 265/ 451 |
Best Calendar Return (Last 10 years)
25.50% (2021)
Worst Calendar Return (Last 10 years)
-8.62% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 86.29 |
| US Equity | 7.52 |
| Income Trust Units | 2.92 |
| International Equity | 1.99 |
| Cash and Equivalents | 1.28 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 31.96 |
| Energy | 19.21 |
| Basic Materials | 14.18 |
| Industrial Services | 7.57 |
| Utilities | 4.96 |
| Other | 22.12 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.18 |
| Europe | 1.45 |
| Latin America | 0.86 |
| Asia | 0.51 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada | 7.99 |
| Toronto-Dominion Bank | 5.41 |
| Agnico Eagle Mines Ltd | 4.26 |
| Canadian Natural Resources Ltd | 4.04 |
| Manulife Financial Corp | 3.96 |
| Enbridge Inc | 3.49 |
| Canadian Imperial Bank of Commerce | 3.01 |
| Canadian Pacific Kansas City Ltd | 2.99 |
| Bank of Montreal | 2.84 |
| Intact Financial Corp | 2.51 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canada Life Canadian Dividend Fund A
Median
Other - Canadian Div & Inc Equity
3 Yr Annualized
| Standard Deviation | 9.48% | 10.87% | 11.65% |
|---|---|---|---|
| Beta | 0.84 | 0.84 | 0.86 |
| Alpha | -0.02 | -0.01 | -0.01 |
| Rsquared | 0.93% | 0.93% | 0.92% |
| Sharpe | 1.39 | 0.81 | 0.69 |
| Sortino | 3.11 | 1.32 | 0.88 |
| Treynor | 0.16 | 0.11 | 0.09 |
| Tax Efficiency | 92.87% | 90.50% | 89.26% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.24% | 9.48% | 10.87% | 11.65% |
| Beta | 0.83 | 0.84 | 0.84 | 0.86 |
| Alpha | 0.01 | -0.02 | -0.01 | -0.01 |
| Rsquared | 0.90% | 0.93% | 0.93% | 0.92% |
| Sharpe | 2.48 | 1.39 | 0.81 | 0.69 |
| Sortino | 6.42 | 3.11 | 1.32 | 0.88 |
| Treynor | 0.28 | 0.16 | 0.11 | 0.09 |
| Tax Efficiency | 92.86% | 92.87% | 90.50% | 89.26% |
Fundata ESG Metrics
Fundata ESG Score
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
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
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
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.
Fund Details
| Start Date | October 15, 1986 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,528 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7824 | ||
| MAX7924 | ||
| MAX8024 |
Investment Objectives
The Fund seeks to achieve superior long-term investment returns through capital growth and dividend yield with below average risk by investing primarily in common and preferred shares of Canadian corporations. 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 investment approach follows a disciplined investment process to construct a portfolio of attractively valued companies that combines above-average yield with the potential for growth. Stock selection is the primary contributor to value added, with attention paid to both upside potential and downside risk. Sector allocation is employed to manage overall portfolio risk.
Portfolio Management
| Portfolio Manager |
Canada Life Investment Management Ltd.
|
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
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 | 2.30% |
|---|---|
| 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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