September 30, 2026
A credit-driven, value-oriented income fund that can benefit from higher interest rates.
Is this fund right for you?
- You want to protect your money from inflation while also protecting it from large swings in the market.
- You want to invest in floating-rate debt obligations and other floating-rate debt instruments from issuers located anywhere in the world.
- You're comfortable with a low to moderate level of risk.
RISK RATING
How is the fund invested? (as of July 31, 2026)
| Name | Percent |
|---|---|
| Foreign Bonds | 93.3 |
| Domestic Bonds | 3.1 |
| Cash and Equivalents | 2.7 |
| Canadian Equity | 0.5 |
| International Equity | 0.5 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| United States | 86.9 |
| Canada | 5.9 |
| Luxembourg | 0.5 |
| Europe | 0.3 |
| France | 0.1 |
| Other | 6.3 |
| Name | Percent |
|---|---|
| Fixed Income | 96.3 |
| Cash and Cash Equivalent | 2.7 |
| Utilities | 0.3 |
| Financial Services | 0.2 |
| Other | 0.5 |
Growth of $10,000 (since inception)
Period:
For the period 07/09/2018 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $12,774
Fund details
As of July 31, 2026
| Top holdings | Percent (%) |
|---|---|
| Cash and Cash Equivalents | 3.0 |
| Northleaf Private Credit III LP | 1.5 |
| Infobip Inc. Term Loan 1st Lien F/R 11-Jun-2029 | 1.2 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 1.1 |
| Delivery Hero Finco LLC Term Loan B 1st Lien Senior F/R | 1.1 |
| Sagard Credit Partners II LP | 1.0 |
| Jane Street Group LLC Term Loan B 1st Lien Senior | 1.0 |
| Northleaf Private Credit II LP MI 15 | 0.9 |
| Ascend Wellness Holdings Inc 12.75% 16-Jul-2029 | 0.9 |
| DS Parent Inc. Term Loan B 1st Lien Sr F/R 16-Dec-2030 | 0.9 |
| Total allocation in top holdings | 12.6 |
As of July 31, 2026
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 1.96% |
| Dividend yield | 5.49% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $59,831.6 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 0.35 | 3.20 | 3.61 | 3.54 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 5.36 | 3.69 | - | 3.02 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 1.37 | 8.86 | 10.69 | -5.48 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 4.37 | -1.04 | 4.90 | - |
Range of returns over five years (August 01, 2018 - September 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 6.36% | Mar 2025 | 1.44% | Jul 2023 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 3.39% | 100 | 39 | 0 |
Period:
Chart type:
* Must be between 1 and 50
GWL Floating Rate Income 75/75 (PP)
GWL Floating Rate Income 75/75 (PP)