By Canada Life | Feb. 7, 2025
Canada Life’s fund shelf shines this award season. 35 of our investment funds were recognized at the 2024 Fundata FundGrade A+® awards for outstanding fund performance on Feb. 6. These awards acknowledged Canadian funds showing consistent exceptional results throughout 2024.
The FundGrade A+® Award is a highly prized achievement in the Canadian investment funds industry. It’s given annually to investment funds and managers who show consistent, outstanding and risk-adjusted performance throughout the year. This achievement shows the ongoing strength of our wealth shelf.
“We’re incredibly proud to once again be recognized at the Fundata FundGrade A+® awards for four mutual funds and 31 segregated funds – some of which have been acknowledged for several years in a row. This achievement reflects the strength of our investment teams, the sub-advisors on our shelf, and our commitment to helping advisors and investors achieve their goals,” says Steve Fiorelli, Senior Vice-President, Investment Management and the President and CEO of Canada Life Investment Management Ltd.
Award winning funds
Mutual funds
Series A (as of Dec. 31, 2024)
|
Fund name |
Category
|
Fund count |
1-year |
3-year |
5-year |
10-year |
Since inception and inception date |
|---|---|---|---|---|---|---|---|
|
Canada Life ESG U.S. Equity Fund |
U.S. Equity
|
1283 |
32.16 |
N/A |
N/A |
N/A |
25.34 |
|
Canada Life Sustainable Global Equity Fund |
Global Equity
|
2006 |
24.95 |
N/A |
N/A |
N/A |
21.74 |
|
Canada Life Sustainable Growth Portfolio |
Global Equity Balanced
|
1189 |
18.81 |
5.95 |
N/A |
N/A |
6.51 |
|
Canada Life Emerging Markets Large Cap Equity Fund |
Emerging Markets Equity |
262 |
19.52 |
4.10 |
6.61 |
N/A |
7.32 |
Segregated funds
Canada Life 75/75 standard series (as of Dec. 31, 2024)
|
Fund name |
Category
|
Fund count |
1-year |
3-year |
5-year |
10-year |
Since inception and inception date |
|---|---|---|---|---|---|---|---|
|
CAN Canadian Stock Balanced |
Canadian Equity Balanced
|
575 |
13.34 |
5.46 |
5.55 |
N/A |
5.81 (Nov. 4, 2019) |
|
|
Canadian Fixed Income Balanced
|
439 |
9.14 |
0.84 |
2.87 |
2.89 |
3.60 (Oct. 5, 2009) |
|
|
Canadian Fixed Income Balanced
|
439 |
8.51 |
1.04 |
2.77 |
2.56 |
3.25 (Oct. 5, 2009) |
|
CAN Canadian Neutral Balanced |
Canadian Neutral Balanced |
638 |
11.46 |
2.35 |
5.18 |
5.01 |
5.21 (Oct. 5, 2009) |
|
CAN Core Balanced |
Canadian Neutral Balanced |
638 |
11.16 |
2.53 |
4.57 |
4.06 |
5.01 (Oct. 5, 2009) |
|
|
Canadian Neutral Balanced |
638 |
14.04 |
3.18 |
5.50 |
4.76 |
5.20 (Oct. 5, 2009) |
|
CAN Short-Term Bond |
Canadian Short Term Fixed Income |
110 |
4.68 |
1.18 |
1.10 |
0.76 |
0.83 (July 8, 2013) |
|
CAN Emerging Markets Equity |
Emerging Markets Equity |
81 |
16.72 |
3.80 |
5.91 |
N/A |
5.27 (Oct. 19, 2015) |
|
CAN Global Founders |
Global Equity |
892 |
14.95 |
7.50 |
N/A |
N/A |
10.38 (May 11, 2020) |
|
CAN Global Value Balanced |
Global Equity Balanced |
898 |
11.37 |
4.80 |
N/A |
N/A |
7.01 (May 11, 2020) |
|
CAN Risk-Managed Growth Portfolio |
Global Equity Balanced |
898 |
17.78 |
5.28 |
N/A |
N/A |
6.69 (Nov.4, 2020) |
|
CAN Fidelity Global Income Portfolio |
Global Fixed Income Balanced |
298 |
12.05 |
2.82 |
N/A |
N/A |
4.28 (May 11, 2020) |
|
CAN Risk-Managed Conservative Income Portfolio |
Global Fixed Income Balanced |
298 |
8.95 |
1.60 |
N/A |
N/A |
2.28 (Nov. 4, 2020) |
|
CAN Fidelity Global Balanced Portfolio |
Global Neutral Balanced |
965 |
17.02 |
4.67 |
N/A |
N/A |
7.04 (May 11, 2020) |
|
Canada Life Fidelity NorthStar® |
Global Small/Mid Cap Equity |
68 |
19.23 |
7.45 |
9.31 |
6.34 |
5.51 (Nov. 21, 2005) |
|
International Concentrated Equity |
International Equity |
346 |
5.25 |
2.55 |
6.23 |
N/A |
6.66 (June 17, 2019) |
|
U.S. Value |
U.S. Equity |
634 |
25.87 |
12.28 |
12.00 |
N/A |
12.18 (June 17, 2019) |
|
Canada Life Fidelity True North® |
Canadian Equity |
336 |
14.75 |
5.23 |
9.03 |
6.20 |
7.33 (Nov. 27, 1998) |
|
|
Canadian Focused Equity |
358 |
24.76 |
10.48 |
10.81 |
6.69 |
6.11 (Aug. 22, 2001) |
|
Canada Life American Growth |
U.S. Equity |
328 |
39.66 |
12.19 |
18.94 |
14.30 |
4.40 (Dec. 3, 1999) |
|
Canada Life U.S. All Cap Growth |
U.S. Equity |
328 |
41.95 |
12.81 |
17.17 |
15.71 |
6.76 (Aug. 22, 2001) |
Great-West Life 75/75 standard series (as of Dec.31, 2024)
|
Fund name |
Category
|
Fund count |
1-year |
3-year |
5-year |
10-year |
Since inception and inception date |
|---|---|---|---|---|---|---|---|
|
GWL Canadian Corporate Bond |
Canadian Corporate Fixed Income
|
27 |
5.91 |
0.00 |
0.46 |
0.99 |
1.29 (July 8, 2013) |
|
GWL Canadian Premier Balanced |
Canadian Equity Balanced
|
322 |
12.16 |
4.74 |
7.76 |
5.40 |
5.23 (Jan. 23, 1996) |
|
GWL Mackenzie Balanced |
Global Neutral Balanced
|
486 |
11.78 |
2.21 |
5.12 |
4.34 |
4.75 (Oct. 5, 2009) |
|
GWL U.S. Dividend |
U.S. Dividend & Income Equity |
29 |
33.50 |
11.14 |
11.60 |
10.87 |
12.46 (July 8, 2013) |
London Life 75/75 standard series (as of Dec.31, 2024)
|
Fund name |
Category
|
Fund count |
1-year |
3-year |
5-year |
10-year |
Since inception and inception date |
|---|---|---|---|---|---|---|---|
|
London Life 2045 Profile |
2035+ Target Date Portfolio
|
35 |
16.14 |
4.54 |
7.43 |
5.73 |
4.24 (Dec. 11, 2006) |
|
London Life 2050 Profile |
2035+ Target Date Portfolio
|
35 |
16.03 |
4.45 |
7.46 |
5.79 |
4.21 (Dec. 11, 2006) |
|
London Life Canadian Growth Balanced1 |
Canadian Equity Balanced
|
322 |
9.15 |
4.02 |
5.82 |
5.03 |
3.82 (July 27, 1998) |
|
London Life Moderate Profile |
Canadian Fixed Income Balanced |
439 |
8.91 |
1.38 |
2.49 |
2.33 |
3.55 (Oct. 18, 1999) |
|
LON Fidelity Balanced Income |
Canadian Neutral Balanced |
638 |
11.35 |
2.31 |
4.54 |
4.14 |
4.84 (Oct. 5, 2009) |
|
London Life Fidelity Tactical Asset Allocation Income |
Global Fixed Income Balanced |
130 |
9.22 |
0.26 |
2.25 |
2.55 |
3.76 (July 27, 1998) |
Congratulations to the investment teams that manage these distinguished funds. Reach out to your Canada Life wealth wholesaling team or your advisor for more information about these award-winning mandates.
Some of the awarded funds are former Great-West Life or London Life funds; however, these mandates are on the Canada Life segregated fund shelf as well. As of Jan. 1, 2020, The Great-West Life Assurance Company, London Life Insurance Company, and The Canada Life Assurance Company became one company – The Canada Life Assurance Company. As a result, all segregated fund policies and contracts that were with Great West Life or London Life are now with Canada Life.
About Fundata Canada Inc.
Fundata Canada Inc. has been providing data aggregation and dissemination services to the Canadian media and financial marketplace since 1987. Fundata is a major provider in the distribution of fund and stock information in Canada.
About the Fundata FundGrade A+ Rating
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.
Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value. A description of the key features of Canada Life's individual variable insurance contract is contained in the information folder, available from your advisor. The indicated rates of return for one, three, five and 10 years are annual compounded returns for the period ending Dec. 31, 2024, including changes in the unit values. The rates of return are net investment management fees and operating fees, but do not take into account redemption fees or other applicable charges payable by the policyowner. Please note that unit values and investment will fluctuate and past performance is not necessarily indicative of future performance.
Canada Life Mutual Funds are managed by Canada Life Investment Management Ltd. offered exclusively through Quadrus Investment Services Ltd., IPC Investment Corporation and IPC Securities Corporation. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution, or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Canada Life and design, Canada Life Investment Management and design, and other marks followed by the TM symbol at first time of use are trademarks of The Canada Life Assurance Company (“Canada Life”). Other marks displayed in this piece are trademarks of a third party, and used with permission or under license. Canada Life Investment Management Ltd. is a wholly owned indirect subsidiary of Canada Life.