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Canada Life Unconstrained Fixed Income Fund A
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$8.47 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at April 30, 2026
As at February 28, 2026
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Legend
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Fund Returns
Inception Return (September 09, 2020): 0.83%
| 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 | 0.33% | -0.29% | -0.36% | -0.12% | 3.25% | 4.58% | 3.57% | 2.78% | 1.00% | - | - | - | - | - |
| Benchmark | -1.08% | -0.21% | -2.07% | -0.47% | 2.91% | 6.34% | 4.83% | 4.85% | 1.84% | 0.75% | 1.69% | 2.39% | 1.83% | 2.68% |
| Category Average | 0.87% | -0.24% | 0.47% | 0.19% | 4.89% | 5.46% | 4.49% | - | - | - | - | - | - | - |
| Category Rank | 269 / 325 | 189 / 321 | 249 / 318 | 216 / 320 | 264 / 307 | 236 / 287 | 231 / 278 | 202 / 267 | 196 / 255 | - | - | - | - | - |
| Quartile Ranking | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.34% | 1.10% | 0.19% | 0.49% | 1.19% | 0.27% | 0.35% | -0.59% | 0.18% | 0.94% | -1.55% | 0.33% |
| Benchmark | -0.45% | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% |
Best Monthly Return Since Inception
3.05% (January 2023)
Worst Monthly Return Since Inception
-2.29% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | -1.77% | -8.10% | 5.78% | 4.43% | 3.65% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | - | - | - | - | - | 4 | 2 | 4 | 3 | 4 |
| Category Rank | - | - | - | - | - | 243/ 252 | 105/ 260 | 211/ 278 | 205/ 287 | 265/ 303 |
Best Calendar Return (Last 10 years)
5.78% (2023)
Worst Calendar Return (Last 10 years)
-8.10% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 47.71 |
| Foreign Government Bonds | 22.17 |
| Canadian Corporate Bonds | 17.37 |
| Canadian Government Bonds | 4.96 |
| Cash and Equivalents | 3.78 |
| Other | 4.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 95.53 |
| Cash and Cash Equivalent | 3.78 |
| Utilities | 0.47 |
| Financial Services | 0.13 |
| Telecommunications | 0.06 |
| Other | 0.03 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 84.23 |
| Latin America | 4.55 |
| Asia | 4.52 |
| Multi-National | 1.55 |
| Europe | 0.91 |
| Other | 4.24 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Unconstrained Fixed Income Fund A | 100.00 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canada Life Unconstrained Fixed Income Fund A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 3.61% | 4.09% | - |
|---|---|---|---|
| Beta | 0.48 | 0.48 | - |
| Alpha | 0.01 | 0.00 | - |
| Rsquared | 0.39% | 0.50% | - |
| Sharpe | -0.02 | -0.44 | - |
| Sortino | 0.24 | -0.63 | - |
| Treynor | 0.00 | -0.04 | - |
| Tax Efficiency | 52.89% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.58% | 3.61% | 4.09% | - |
| Beta | 0.49 | 0.48 | 0.48 | - |
| Alpha | 0.02 | 0.01 | 0.00 | - |
| Rsquared | 0.55% | 0.39% | 0.50% | - |
| Sharpe | 0.33 | -0.02 | -0.44 | - |
| Sortino | 0.12 | 0.24 | -0.63 | - |
| Treynor | 0.02 | 0.00 | -0.04 | - |
| Tax Efficiency | 42.51% | 52.89% | - | - |
Fund Details
| 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) | $22 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAX7812 | ||
| MAX7912 | ||
| MAX8012 |
Investment Objectives
The Fund aims to provide a positive total return over a market cycle, regardless of market conditions, by investing primarily in fixed income securities of issuers anywhere in the world and derivative instruments. The Fund may obtain this exposure by investing directly in securities by investing in securities of other investment funds, or by a combination of these means. Any proposed change to
Investment Strategy
The Fund may invest up to 100% of its assets in securities of Mackenzie Unconstrained Fixed Income Fund and/or invest directly in securities. The Underlying Fund(s) in which the Fund invests may be managed by CLIML or an affiliate or associate of CLIML.
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 Financial Corporation |
| 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 | 1.44% |
|---|---|
| Management Fee | 1.10% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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