Wealth

Is NOW the time for fixed income to shine?

Canada Life Canadian Fixed Income Balanced II Standard Series 100/100 was recognized for outstanding fund performance at the 2022 Fundata FundGrade A+ Awards in the Canadian Fixed Income Balanced category out of a total of 665 funds.  Performance for the fund for the period ended Dec. 31, 2022 is as follows: -10.61% (1 year), -0.65% (3 years), 0.93% (5 years), 2.66% (10 years) and 2.75% (since inception- Dec. 17, 2010).

Canada Life Canadian Bond Series NL was recognized for outstanding fund performance at the 2022 Fundata FundGrade A+ Awards in the Canadian Fixed Income category out of a total of 416 funds.  Performance for the fund for the period ended Dec. 31, 2022 is as follows: -11.47% (1 year), -3.12% (3 years), -1.08% (5 years), -0.16% (10 years) and 4.09% (since inception April 30, 1989).

Canada Life Floating Rate Income Series Standard Series 75/75 was recognized for outstanding fund performance at the 2022 Fundata FundGrade A+ Awards in the Floating Rate Loan category out of a total of 52 funds.  Performance for the fund for the period ended Dec. 31, 2022 is as follows: -6.53% (1 year), -1.91% (3 years), -0.16% (5 years) and 1.36% (since inception-Jan. 12, 2015).

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. 

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