Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Fixed Income Balanced II 75/100

December 31, 2025

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

Risk Rating: Low

How is the fund invested? (as of December 31, 2025)

Asset allocation (%)
Name Percent
Domestic Bonds 66.1
Canadian Equity 14.7
US Equity 9.3
International Equity 5.6
Foreign Bonds 2.3
Cash and Equivalents 1.6
Income Trust Units 0.3
Other 0.1
Geographic allocation (%)
Name Percent
Canada 82.7
United States 11.3
United Kingdom 1.3
France 1.0
Japan 0.6
Germany 0.5
Switzerland 0.4
Ireland 0.3
Denmark 0.3
Other 1.6
Sector allocation (%)
Name Percent
Fixed Income 68.3
Financial Services 7.1
Technology 4.8
Basic Materials 3.2
Energy 3.2
Consumer Services 2.0
Industrial Services 2.0
Industrial Goods 1.8
Healthcare 1.8
Other 5.8

Growth of $10,000 (since inception)

Period:

For the period 06/19/2009 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $19,724

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Jun-2035 9.2
Ontario Province 3.95% 02-Dec-2035 3.4
Ontario Province 3.60% 02-Jun-2035 2.4
Canada Government 2.75% 01-Dec-2055 1.9
Canada Government 1.50% 01-Jun-2031 1.8
Quebec Province 4.20% 01-Dec-2057 1.4
Royal Bank of Canada 1.3
Enbridge Inc 5.38% 27-Sep-2027 1.1
Cash and Cash Equivalents 1.1
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.0
Total allocation in top holdings 24.6
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.87%
Dividend yield 2.21%
Yield to maturity 3.89%
Duration (years) 7.41%
Coupon 4.04%
Average credit rating A+
Average market cap (million) $781,238.0

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.98 3.31 5.66 5.66
Long term
3 YR 5 YR 10 YR INCEPTION
6.79 2.47 3.35 4.19

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
5.66 8.32 6.40 -9.98
2021 - 2018
2021 2020 2019 2018
-9.98 3.07 6.36 9.21

Range of returns over five years (July 01, 2009 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
6.42% Jun 2014 0.57% Oct 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
3.49% 100 139 0
Period:
Chart type:
* Must be between 1 and 50
GWL Canadian Fixed Income Balanced II 75/100

GWL Canadian Fixed Income Balanced II 75/100

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