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Multi-Sector Fixed Income
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|
NAVPS (12-20-2024) |
$8.39 |
|---|---|
| Change |
$0.01
(0.15%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (September 09, 2020): -0.71%
| 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 | 0.95% | 1.31% | 3.42% | 3.93% | 6.85% | 5.00% | -1.30% | -1.16% | - | - | - | - | - | - |
| Benchmark | 0.96% | 3.30% | 7.79% | 9.02% | 10.50% | 7.28% | 0.55% | -0.44% | 0.89% | 2.29% | 1.95% | 2.15% | 2.52% | 3.45% |
| Category Average | 1.02% | 1.01% | 4.55% | 4.77% | 8.00% | - | - | - | - | - | - | - | - | - |
| Category Rank | 233 / 310 | 149 / 297 | 278 / 295 | 227 / 293 | 231 / 293 | 198 / 284 | 250 / 276 | 244 / 266 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.81% | 0.30% | 0.09% | 0.88% | -1.55% | 0.79% | 0.17% | 1.51% | 0.38% | 1.14% | -0.77% | 0.95% |
| Benchmark | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% | 3.56% | -0.33% | 1.97% | 0.33% | 0.96% |
3.48% (November 2023)
-4.37% (September 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | -1.28% | -14.40% | 7.84% |
| Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | 4 | 4 | 2 |
| Category Rank | - | - | - | - | - | - | - | 208/ 266 | 270/ 276 | 76/ 284 |
7.84% (2023)
-14.40% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 43.26 |
| Cash and Equivalents | 21.64 |
| Foreign Government Bonds | 16.67 |
| Mortgages | 13.15 |
| Foreign Bonds - Other | 3.80 |
| Other | 1.48 |
| Name | Percent |
|---|---|
| Fixed Income | 77.96 |
| Cash and Cash Equivalent | 21.64 |
| Financial Services | 0.40 |
| Name | Percent |
|---|---|
| North America | 83.49 |
| Latin America | 14.01 |
| Europe | 2.50 |
| Name | Percent |
|---|---|
| Canada Life Global Multi-Sector Bond Fund A | 99.99 |
| Suriname Government 7.95% 15-Jul-2033 | 0.01 |
| Cash and Cash Equivalents | 0.00 |
Canada Life Global Multi-Sector Fixed Income Fund A
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 6.32% | - | - |
|---|---|---|---|
| Beta | 0.70% | - | - |
| Alpha | -0.02% | - | - |
| Rsquared | 0.55% | - | - |
| Sharpe | -0.74% | - | - |
| Sortino | -0.80% | - | - |
| Treynor | -0.07% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.81% | 6.32% | - | - |
| Beta | 0.63% | 0.70% | - | - |
| Alpha | 0.00% | -0.02% | - | - |
| Rsquared | 0.42% | 0.55% | - | - |
| Sharpe | 0.58% | -0.74% | - | - |
| Sortino | 1.79% | -0.80% | - | - |
| Treynor | 0.03% | -0.07% | - | - |
| Tax Efficiency | 67.03% | - | - | - |
| Start Date | September 09, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $10 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7809 | ||
| MAX7909 | ||
| MAX8009 |
The Fund seeks to provide high income and return by investing primarily in a global multi-sector bond portfolio with a focus on the potential for risk-adjusted returns. 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.
The Fund uses an asset allocation strategy to build a broadly diversified portfolio of global debt instruments, including government and corporate bonds; mortgage-backed, and asset-backed securities; and preferred stocks. The Fund may invest in assets of non-investment grade securities and foreign currency-denominated securities including those from emerging market countries. The Fund employs a fundamental, valuation driven investment style.
| Name | Start Date |
|---|---|
| Brandywine Global Investment Management, LLC | 04-26-2024 |
| Canada Life Investment Management Ltd. | 04-26-2024 |
| 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 | 1.86% |
|---|---|
| Management Fee | 1.55% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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