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Equitable Life Accumulative Income Fund

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Canadian Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

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NAVPS
(12-19-2024) 		$48.68
Change
-$0.39 (-0.80%)

As at November 30, 2024

As at October 31, 2024

Period
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Legend

Equitable Life Accumulative Income Fund

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Fund Returns

Inception Return (January 31, 1974): 7.27%

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 1.70% 2.75% 6.72% 5.29% 9.17% 5.22% 0.07% -0.91% 0.71% 2.17% 1.74% 1.81% 2.01% 2.04%
Benchmark 1.51% 2.25% 8.10% 4.64% 8.22% 4.86% 0.01% -0.96% 0.66% 2.03% 1.69% 1.78% 1.96% 2.06%
Category Average 1.56% 2.28% 6.05% 4.52% 8.27% 4.63% -0.37% -1.20% 0.30% 1.59% 1.12% 1.23% 1.37% 1.30%
Category Rank 74 / 533 87 / 518 61 / 508 65 / 508 64 / 508 63 / 492 66 / 490 66 / 489 50 / 468 40 / 424 37 / 342 39 / 340 36 / 322 31 / 264
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.69% -1.37% -0.23% 0.54% -2.02% 1.78% 1.13% 2.37% 0.32% 1.98% -0.94% 1.70%
Benchmark 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51%

Best Monthly Return Since Inception

8.30% (November 1981)

Worst Monthly Return Since Inception

-4.43% (March 1994)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.98% 2.65% 2.17% 2.38% 1.14% 6.77% 9.34% -2.72% -12.34% 6.88%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking 1 1 1 1 1 1 1 1 2 1
Category Rank 9/ 252 34/ 264 27/ 324 52/ 340 33/ 342 52/ 425 15/ 474 81/ 489 222/ 491 41/ 492

Best Calendar Return (Last 10 years)

9.34% (2020)

Worst Calendar Return (Last 10 years)

-12.34% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 60.39
Canadian Corporate Bonds 36.85
Cash and Equivalents 0.92
Canadian Bonds - Other 0.69
Foreign Government Bonds 0.63
Other 0.52

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 98.28
Cash and Cash Equivalent 0.93
Financial Services 0.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.37
Europe 0.63

Top Holdings

Top Holdings
Name Percent
Canada Government 4.00% 01-Mar-2029 12.16
Canada Government 3.00% 01-Jun-2034 6.64
Canada Government 1.00% 01-Sep-2026 5.88
Ontario Province 2.65% 02-Dec-2050 3.19
Alberta Province 2.05% 01-Jun-2030 2.89
British Columbia Province 3.55% 18-Jun-2033 2.74
Quebec Province 1.90% 01-Sep-2030 2.53
Ontario Province 1.90% 02-Dec-2051 2.53
Alberta Province 2.90% 20-Sep-2029 1.93
Ontario Province 3.50% 02-Jun-2043 1.86

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Equitable Life Accumulative Income Fund

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.52% 6.88% 5.57%
Beta 1.03% 1.04% 1.01%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.95% 0.95% 0.96%
Sharpe -0.43% -0.20% 0.10%
Sortino -0.48% -0.41% -0.21%
Treynor -0.03% -0.01% 0.01%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.82% 7.52% 6.88% 5.57%
Beta 0.87% 1.03% 1.04% 1.01%
Alpha 0.02% 0.00% 0.00% 0.00%
Rsquared 0.80% 0.95% 0.95% 0.96%
Sharpe 0.76% -0.43% -0.20% 0.10%
Sortino 1.94% -0.48% -0.41% -0.21%
Treynor 0.05% -0.03% -0.01% 0.01%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fund Details

Start Date January 31, 1974
Instrument Type Segregated Fund
Share Class -
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency No Distribution
Assets ($mil) $1

Fund Codes

FundServ Code Load Code Sales Status
ELI100

Investment Objectives

To achieve returns through a combination of capital appreciation and interest income by investing primarily in Canadian debt securities, corporate debentures and short-term market investments.

Investment Strategy

This Fund is managed by The Equitable Life Insurance Company of Canada and invests exclusively in the MFS Canadian Fixed Income Fund.

Portfolio Manager(s)

Name Start Date
Peter Kotsopoulos 12-31-1995
Soami Kohly 03-16-2015

Management and Organization

Fund Manager MFS Investment Management Canada Ltd.
Advisor MFS Investment Management Canada Ltd.
Custodian -
Registrar -
Distributor -
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.39%
Management Fee 0.36%
Load Back Fee Only
FE Max 4.50%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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