Overview

Quick Facts

Daily Price

$9.8211
-0.65% (-$0.06)
April 15, 2024

Summary Stats

Asset Class Canadian Fixed Income
Risk Low
MER 1 2.48%
Net Assets $4.16 M
Inception Date May 17, 2016
Fund Status Open to switches-in only
Geographic Allocation
A map of Canada.
A map of Canada.

Geographic Allocation

A map of Canada.
A map of Canada.

Growth of $10,000

A chart thumbnail displaying change in value of $10,000 invested in this fund.
A chart thumbnail displaying change in value of $10,000 invested in this fund. 

Underlying Fund

Manulife Canadian Unconstrained Bond Fund

Underlying Fund Manager

Manulife Investment Management Limited

Portfolio Managers

Roshan Thiru, Richard Kos, Sivan Nair, Altaf Nanji

Investment Objective

The Fund seeks to generate income with an emphasis on capital preservation. The Fund invests primarily in a diversified portfolio of Canadian fixed income securities. The Fund may also invest in fixed income securities of other countries.

Fund Codes

F-Class Platinum NL BE NL LL
SLI65155 SLI65156 SLI65157
Fund Status SWO SWO SWO
SLI65159
Fund Status SWO
SLI65158
Fund Status SWO
SLI60155 SLI60156 SLI60157
Fund Status SWO SWO SWO
SLI60159
Fund Status SWO
SLI60158
Fund Status SWO

Ideal 100/100 Series

F-Class
Platinum NL
BE SLI65155 SWO
NL SLI65156 SWO
LL SLI65157 SWO

Ideal 100/100 Series (F-Class)

F-Class SLI65159 SWO
Platinum NL
BE
NL
LL

Ideal 100/100 Series (Platinum NL)

F-Class
Platinum NL SLI65158 SWO
BE
NL
LL

Ideal 75/100 Series (selected)

F-Class
Platinum NL
BE SLI60155 SWO
NL SLI60156 SWO
LL SLI60157 SWO

Ideal 75/100 Series (F-Class)

F-Class SLI60159 SWO
Platinum NL
BE
NL
LL

Ideal 75/100 Series (Platinum NL)

F-Class
Platinum NL SLI60158 SWO
BE
NL
LL
F-Class Platinum NL BE NL LL
Ideal 100/100 Series SLI65155 SLI65156 SLI65157
Fund Status SWO SWO SWO
Ideal 100/100 Series (F-Class) SLI65159
Fund Status SWO
Ideal 100/100 Series (Platinum NL) SLI65158
Fund Status SWO
Ideal 75/100 Series SLI60155 SLI60156 SLI60157
Fund Status SWO SWO SWO
Ideal 75/100 Series (F-Class) SLI60159
Fund Status SWO
Ideal 75/100 Series (Platinum NL) SLI60158
Fund Status SWO

Performance ±

Growth Chart

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Total return for this timeframe
Growth Chart

Compound Returns (%)

1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
0.47 -1.01 7.12 -1.01 1.64 -2.77 -0.93 -0.26
0.64 -0.48 8.26 -0.48 3.82 -0.65 1.08 1.40
0.50 -0.90 7.37 -0.90 2.09 -2.33 -0.36 0.44
0.49 -0.93 7.28 -0.93 1.93 -2.51 -0.67 0.00
0.65 -0.46 8.28 -0.46 3.86 -0.70 1.05 1.45
0.52 -0.83 7.52 -0.83 2.40 -2.05 -0.20 0.46

Ideal 100/100 Series

1 month 0.47
3 months -1.01
6 months 7.12
YTD -1.01
1 year 1.64
3 years -2.77
5 years -0.93
10 years
Inception -0.26

Ideal 100/100 Series (F-Class)

1 month 0.64
3 months -0.48
6 months 8.26
YTD -0.48
1 year 3.82
3 years -0.65
5 years 1.08
10 years
Inception 1.40

Ideal 100/100 Series (Platinum NL)

1 month 0.50
3 months -0.90
6 months 7.37
YTD -0.90
1 year 2.09
3 years -2.33
5 years -0.36
10 years
Inception 0.44

Ideal 75/100 Series

1 month 0.49
3 months -0.93
6 months 7.28
YTD -0.93
1 year 1.93
3 years -2.51
5 years -0.67
10 years
Inception 0.00

Ideal 75/100 Series (F-Class)

1 month 0.65
3 months -0.46
6 months 8.28
YTD -0.46
1 year 3.86
3 years -0.70
5 years 1.05
10 years
Inception 1.45

Ideal 75/100 Series (Platinum NL)

1 month 0.52
3 months -0.83
6 months 7.52
YTD -0.83
1 year 2.40
3 years -2.05
5 years -0.20
10 years
Inception 0.46
1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
Ideal 100/100 Series 0.47 -1.01 7.12 -1.01 1.64 -2.77 -0.93 -0.26
Ideal 100/100 Series (F-Class) 0.64 -0.48 8.26 -0.48 3.82 -0.65 1.08 1.40
Ideal 100/100 Series (Platinum NL) 0.50 -0.90 7.37 -0.90 2.09 -2.33 -0.36 0.44
Ideal 75/100 Series (selected) 0.49 -0.93 7.28 -0.93 1.93 -2.51 -0.67 0.00
Ideal 75/100 Series (F-Class) 0.65 -0.46 8.28 -0.46 3.86 -0.70 1.05 1.45
Ideal 75/100 Series (Platinum NL) 0.52 -0.83 7.52 -0.83 2.40 -2.05 -0.20 0.46

Calendar Returns (%)

2016 2017 2018 2019 2020 2021 2022 2023
0.98 -3.22 6.07 6.22 -2.41 -13.46 5.68
1.99 -2.10 7.34 8.50 -0.29 -11.55 7.96
1.85 -2.15 7.02 7.06 -2.01 -13.08 6.16
1.18 -2.92 6.35 6.50 -2.16 -13.26 5.98
2.17 -1.89 7.50 8.43 -0.46 -11.62 7.98
1.64 -2.40 6.85 6.98 -1.67 -12.86 6.49

Ideal 100/100 Series

2016
2017 0.98
2018 -3.22
2019 6.07
2020 6.22
2021 -2.41
2022 -13.46
2023 5.68

Ideal 100/100 Series (F-Class)

2016
2017 1.99
2018 -2.10
2019 7.34
2020 8.50
2021 -0.29
2022 -11.55
2023 7.96

Ideal 100/100 Series (Platinum NL)

2016
2017 1.85
2018 -2.15
2019 7.02
2020 7.06
2021 -2.01
2022 -13.08
2023 6.16

Ideal 75/100 Series

2016
2017 1.18
2018 -2.92
2019 6.35
2020 6.50
2021 -2.16
2022 -13.26
2023 5.98

Ideal 75/100 Series (F-Class)

2016
2017 2.17
2018 -1.89
2019 7.50
2020 8.43
2021 -0.46
2022 -11.62
2023 7.98

Ideal 75/100 Series (Platinum NL)

2016
2017 1.64
2018 -2.40
2019 6.85
2020 6.98
2021 -1.67
2022 -12.86
2023 6.49
2016 2017 2018 2019 2020 2021 2022 2023
Ideal 100/100 Series 0.98 -3.22 6.07 6.22 -2.41 -13.46 5.68
Ideal 100/100 Series (F-Class) 1.99 -2.10 7.34 8.50 -0.29 -11.55 7.96
Ideal 100/100 Series (Platinum NL) 1.85 -2.15 7.02 7.06 -2.01 -13.08 6.16
Ideal 75/100 Series (selected) 1.18 -2.92 6.35 6.50 -2.16 -13.26 5.98
Ideal 75/100 Series (F-Class) 2.17 -1.89 7.50 8.43 -0.46 -11.62 7.98
Ideal 75/100 Series (Platinum NL) 1.64 -2.40 6.85 6.98 -1.67 -12.86 6.49

Portfolio Allocation as of February 29, 2024

Asset Allocation (%)

Asset Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Asset Allocation pie chart.
Name Weight %
Fixed income 95.71
Cash and equivalents 5.04
Equities -0.56

Geographic Allocation (%)

Geographic Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Geographic Allocation pie chart.
Name Weight %
Canada 81.77
United States 13.96
United Kingdom 1.28
France 0.79
Jersey Channel Islands 0.55
Japan 0.39
Australia 0.31
Luxembourg 0.30
Europe 0.28
Mexico 0.28
Other 0.10

Fixed Income Allocation (%)

Fixed Income Allocation table combined with a bar chart. The bars are under each row, representing the relative value of each table entry.

Canadian provincial bonds 20.05
Floating rate bank loans 19.41
Canadian investment grade bonds 14.16
Canadian government bonds 11.44
Canadian Corporate Bonds 10.02
U.S. investment grade bonds 5.60
U.S. high yield bonds 4.27
Canadian municipal bonds 3.24
Canadian high yield bonds 2.96
International investment grade bonds 2.57
Other 6.28

Top 10 Holdings (%)

Name Weight %
Province of Ontario, 4.7%, 6/2/2037 3.04
Gov. of Canada, 2%, 6/1/2032 2.33
Enbridge Inc. (FRN), 8.25%, 1/15/2084 1.73
Gov. of Canada, 2.75%, 6/1/2033 1.58
Province of Ontario, 4.15%, 12/2/2054 1.45
Province of Ontario, 2.55%, 12/2/2052 1.32
Gov. of Canada, 5%, 6/1/2037 1.21
Province of Saskatchewan, 2.8%, 12/2/2052 1.20
Manulife Financial Corporation (FRN), 4.06%, 2/24/2032 1.16
Gov. of Canada, 2.5%, 12/1/2032 1.10

Historical Net Asset Values

Fees

 
Ideal 75/100 Series (F-Class)
Ideal 75/100 Series (Platinum NL)
Ideal 75/100 Series (selected)
Ideal 100/100 Series
Ideal 100/100 Series (Platinum NL)
Ideal 100/100 Series (F-Class)
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
1.55 0.15 1.94
1.65 0.15 2.02
2.05 0.15 2.48
2.05 0.35 2.72
1.65 0.35 2.28
1.55 0.35 2.17

Ideal 75/100 Series (F-Class)

Management Fee (%) 1.55
Insurance Fee (%) 0.15
Management Expense Ratio (%) 1.94

Ideal 75/100 Series (Platinum NL)

Management Fee (%) 1.65
Insurance Fee (%) 0.15
Management Expense Ratio (%) 2.02

Ideal 75/100 Series

Management Fee (%) 2.05
Insurance Fee (%) 0.15
Management Expense Ratio (%) 2.48

Ideal 100/100 Series

Management Fee (%) 2.05
Insurance Fee (%) 0.35
Management Expense Ratio (%) 2.72

Ideal 100/100 Series (Platinum NL)

Management Fee (%) 1.65
Insurance Fee (%) 0.35
Management Expense Ratio (%) 2.28

Ideal 100/100 Series (F-Class)

Management Fee (%) 1.55
Insurance Fee (%) 0.35
Management Expense Ratio (%) 2.17
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
Ideal 100/100 Series 2.05 0.35 2.72
Ideal 100/100 Series (F-Class) 1.55 0.35 2.17
Ideal 100/100 Series (Platinum NL) 1.65 0.35 2.28
Ideal 75/100 Series (selected) 2.05 0.15 2.48
Ideal 75/100 Series (F-Class) 1.55 0.15 1.94
Ideal 75/100 Series (Platinum NL) 1.65 0.15 2.02