Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Value Balanced 100/100

January 31, 2026

A value-based, equity balanced fund that seeks to maximize returns through capital appreciation and investment 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 mix of Canadian and U.S. stocks, Canadian bonds and short-term securities.
  • You're comfortable with a low to moderate level of risk.

RISK RATING

Risk Rating: Low to Moderate

How is the fund invested? (as of January 31, 2026)

Asset allocation (%)
Name Percent
Canadian Equity 37.8
Domestic Bonds 30.1
US Equity 24.1
Cash and Equivalents 3.8
International Equity 2.9
Income Trust Units 0.9
Foreign Bonds 0.3
Other 0.1
Geographic allocation (%)
Name Percent
Canada 72.7
United States 24.1
Ireland 1.5
Switzerland 1.5
France 0.2
Sector allocation (%)
Name Percent
Fixed Income 30.4
Financial Services 17.2
Consumer Services 7.8
Technology 7.3
Industrial Services 6.0
Healthcare 5.4
Basic Materials 4.5
Energy 4.1
Cash and Cash Equivalent 3.8
Other 13.5

Growth of $10,000 (since inception)

Period:

For the period 10/05/2009 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $24,729

Fund details (as of January 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Toronto-Dominion Bank 2.6
Bank of Montreal 2.5
Royal Bank of Canada 2.3
Canada Government 22-Apr-2026 1.6
Manulife Financial Corp 1.6
Nutrien Ltd 1.6
Merck & Co Inc 1.6
Medtronic PLC 1.5
Alimentation Couche-Tard Inc 1.5
Chubb Ltd 1.5
Total allocation in top holdings 18.3
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 8.00%
Dividend yield 2.33%
Yield to maturity 3.64%
Duration (years) 7.58%
Coupon 3.96%
Average credit rating AA-
Average market cap (million) $94,953.1

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.51 5.05 0.51 3.03
Long term
3 YR 5 YR 10 YR INCEPTION
5.11 5.25 5.32 5.70

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
4.45 9.70 5.50 -4.45
2021 - 2018
2021 2020 2019 2018
9.96 4.15 10.93 -4.01

Range of returns over five years (November 01, 2009 - January 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
9.12% May 2017 0.86% Mar 2020
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
5.65% 100 136 0
Period:
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GWL Canadian Value Balanced 100/100

GWL Canadian Value Balanced 100/100

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ID Effective date Price ($) Income Capital gain Total distribution