September 30, 2026
A Canadian value fund that seeks to provide capital appreciation and income.
Is this fund right for you?
- You want your investment to boost your income returns.
- You want to invest in Canadian government bonds and some corporate bonds.
- You're comfortable with a low to moderate level of risk.
RISK RATING
How is the fund invested? (as of September 30, 2026)
| Name | Percent |
|---|---|
| Domestic Bonds | 61.5 |
| Canadian Equity | 14.3 |
| US Equity | 10.0 |
| Foreign Bonds | 7.1 |
| International Equity | 5.4 |
| Cash and Equivalents | 1.4 |
| Income Trust Units | 0.4 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 77.1 |
| United States | 14.5 |
| United Kingdom | 1.0 |
| Norway | 0.9 |
| France | 0.9 |
| Japan | 0.8 |
| Taiwan | 0.5 |
| Switzerland | 0.5 |
| Germany | 0.4 |
| Other | 3.4 |
| Name | Percent |
|---|---|
| Fixed Income | 68.5 |
| Financial Services | 7.0 |
| Technology | 5.5 |
| Energy | 3.3 |
| Basic Materials | 3.2 |
| Healthcare | 2.1 |
| Industrial Services | 2.0 |
| Industrial Goods | 2.0 |
| Consumer Services | 1.6 |
| Other | 4.8 |
Growth of $10,000 (since inception)
Period:
For the period 10/05/2009 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $18,918
Fund details
As of September 30, 2026
| Top holdings | Percent (%) |
|---|---|
| Canada Government 3.50% 01-Dec-2057 | 2.7 |
| CPPIB Capital Inc 4.00% 02-Jun-2035 | 2.3 |
| Mexican Bonos 8.00% 04-15-2032 | 1.8 |
| Ontario Province 3.95% 02-Dec-2035 | 1.8 |
| Province of Ontario 3.90% 06-02-2036 | 1.7 |
| Canada Government 3.25% 01-Jun-2035 | 1.7 |
| Quebec Province 4.20% 01-Dec-2057 | 1.6 |
| British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 | 1.5 |
| United States Treasury Inflation Index 2.375% 02-15-2056 Real Return | 1.5 |
| Royal Bank of Canada | 1.3 |
| Total allocation in top holdings | 17.9 |
As of September 30, 2026
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 5.41% |
| Dividend yield | 2.00% |
| Yield to maturity | 4.50% |
| Duration (years) | 7.60% |
| Coupon | 4.06% |
| Average credit rating | A+ |
| Average market cap (million) | $982,913.7 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -1.23 | 1.54 | 2.27 | 2.28 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 7.94 | 2.76 | 2.96 | 3.82 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 5.60 | 8.26 | 6.34 | -10.03 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 3.01 | 6.30 | 9.15 | -2.75 |
Range of returns over five years (November 01, 2009 - September 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 6.15% | Feb 2015 | 0.51% | Oct 2022 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 3.34% | 100 | 144 | 0 |
Period:
Chart type:
* Must be between 1 and 50
GWL Canadian Fixed Income Balanced II 100/100‡
GWL Canadian Fixed Income Balanced II 100/100‡