September 30, 2026
A large-cap balanced fund seeking long-term capital growth and income.
Is this fund right for you?
- You’re looking to preserve your investment while still allowing it to grow.
- You want to invest in a broad range of asset classes, including Canadian and foreign stocks, real estate, bonds, mortgages and short-term securities.
- You're comfortable with a low to moderate level of risk.
RISK RATING
How is the fund invested? (as of June 30, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 28.9 |
| Foreign Bonds | 22.3 |
| Domestic Bonds | 18.3 |
| US Equity | 17.3 |
| International Equity | 7.0 |
| Cash and Equivalents | 5.5 |
| Income Trust Units | 0.8 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 52.4 |
| United States | 37.6 |
| United Kingdom | 1.7 |
| Japan | 1.0 |
| Norway | 0.9 |
| France | 0.8 |
| Germany | 0.7 |
| Taiwan | 0.7 |
| Ireland | 0.5 |
| Other | 3.7 |
| Name | Percent |
|---|---|
| Fixed Income | 40.5 |
| Financial Services | 14.4 |
| Technology | 9.2 |
| Energy | 6.7 |
| Cash and Cash Equivalent | 5.5 |
| Basic Materials | 5.3 |
| Industrial Services | 4.1 |
| Industrial Goods | 3.5 |
| Consumer Services | 2.9 |
| Other | 7.9 |
Growth of $10,000 (since inception)
Period:
For the period 03/31/1988 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $78,676
Fund details
As of June 30, 2026
| Top holdings | Percent (%) |
|---|---|
| Canada Government 3.25% 01-Jun-2035 | 3.3 |
| OVERNIGHT DEPOSITS | 3.1 |
| Royal Bank of Canada | 2.9 |
| Toronto-Dominion Bank | 1.8 |
| Manulife Financial Corp | 1.7 |
| Agnico Eagle Mines Ltd | 1.5 |
| Canada Government 3.50% 01-Dec-2057 | 1.5 |
| NVIDIA Corp | 1.4 |
| Canadian Pacific Kansas City Ltd | 1.4 |
| Cash and Cash Equivalents | 1.1 |
| Total allocation in top holdings | 19.7 |
As of June 30, 2026
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 5.94% |
| Dividend yield | 1.92% |
| Yield to maturity | 4.97% |
| Duration (years) | 4.95% |
| Coupon | 4.61% |
| Average credit rating | BBB+ |
| Average market cap (million) | $823,542.3 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -1.59 | 4.29 | 5.48 | 6.32 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 11.24 | 5.22 | 5.04 | 5.50 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 10.46 | 11.17 | 6.44 | -9.68 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 8.56 | 6.36 | 11.19 | -3.91 |
Range of returns over five years (March 31, 1988 - September 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 12.58% | Aug 2000 | -1.87% | Feb 2009 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 5.23% | 98 | 394 | 9 |
Period:
Chart type:
* Must be between 1 and 50
GWL Strategic Income II NL‡
GWL Strategic Income II NL‡