October 31, 2026
Is this fund right for you?
- A person who is investing for the medium to longer term and seeking potential for interest income in their portfolio and is comfortable with low risk.
- Since the fund invests in bonds anywhere in the world, its value is affected by changes in interest rates and foreign exchange rates between currencies.
RISK RATING
How is the fund invested? (as of August 31, 2026)
| Name | Percent |
|---|---|
| Foreign Bonds | 73.7 |
| Domestic Bonds | 16.5 |
| Cash and Equivalents | 9.3 |
| Canadian Equity | 0.5 |
| Name | Percent |
|---|---|
| United States | 68.6 |
| Canada | 24.9 |
| Multi-National | 4.2 |
| Europe | 0.4 |
| Other | 1.9 |
| Name | Percent |
|---|---|
| Fixed Income | 90.1 |
| Cash and Cash Equivalent | 9.3 |
| Utilities | 0.4 |
| Consumer Services | 0.1 |
| Financial Services | 0.1 |
Growth of $10,000 (since inception)
Period:
For the period 07/08/2013 through 10/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $18,513
Fund details
As of August 31, 2026
| Top holdings | Percent (%) |
|---|---|
| Cash and Cash Equivalents | 6.1 |
| Mackenzie Global Sustainable High Yield Bond Fund Series R | 2.8 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.3 |
| Northleaf Private Credit III LP | 1.0 |
| Go Daddy Operating Co LLC 3.50% 01-Mar-2029 | 0.8 |
| Sagard Credit Partners II LP | 0.8 |
| Rogers Communications Inc 5.25% 15-Mar-2082 | 0.7 |
| TELUS Corp. F/R 15-Oct-2055 | 0.7 |
| TransCanada Trust 4.65% 18-May-2027 | 0.7 |
| Videotron Ltd 3.13% 15-Jan-2026 | 0.7 |
| Total allocation in top holdings | 15.6 |
As of August 31, 2026
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 3.25% |
| Dividend yield | 4.31% |
| Yield to maturity | 6.37% |
| Duration (years) | 2.98% |
| Coupon | 5.71% |
| Average credit rating | BB |
| Average market cap (million) | $27,374.9 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 1.09 | 1.18 | 2.15 | 2.78 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 7.99 | 3.37 | 4.50 | 4.73 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 5.72 | 9.38 | 9.72 | -9.52 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 4.23 | 7.36 | 13.60 | -3.80 |
Range of returns over five years (August 01, 2013 - October 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 8.20% | Feb 2021 | 1.65% | Sep 2022 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 4.19% | 100 | 100 | 0 |
Period:
Chart type:
* Must be between 1 and 50
GWL Diversified Fixed Income II 100/100 (PS2)
GWL Diversified Fixed Income II 100/100 (PS2)