Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Government Bond 75/100 (PS1)

December 31, 2025

A Canadian fund seeking interest income and growth potential while also trying to reduce volatility by investing in shorter-term bonds.

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 government or government-guaranteed instruments with credit ratings of A or higher.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 97.1
Cash and Equivalents 2.9
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Fixed Income 97.1
Cash and Cash Equivalent 2.9

Growth of $10,000 (since inception)

Period:

For the period 05/14/2012 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $11,154

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Sep-2028 19.8
Canada Housing Trust No 1 1.90% 15-Sep-2026 18.2
Ontario Province 3.60% 02-Jun-2035 17.3
Canada Housing Trust No 1 2.90% 15-Dec-2029 10.2
Canada Housing Trust No 1 3.10% 15-Jun-2028 7.4
Canada Government 4.00% 01-Mar-2029 5.8
Alberta Province 2.05% 01-Jun-2030 4.7
Canada Government 3.25% 01-Dec-2034 3.6
PSP Capital Inc. 2.60% 29-Feb-2032 3.1
Quebec Province 2.75% 01-Sep-2027 2.5
Total allocation in top holdings 92.6
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 2.64%
Dividend yield -
Yield to maturity 2.89%
Duration (years) 3.54%
Coupon 2.96%
Average credit rating AA
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.58 0.75 2.06 2.06
Long term
3 YR 5 YR 10 YR INCEPTION
2.97 0.49 0.66 0.80

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
2.06 2.89 3.96 -4.00
2021 - 2018
2021 2020 2019 2018
-4.00 -2.20 4.39 1.26

Range of returns over five years (June 01, 2012 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
0.95% Dec 2024 -0.29% May 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
0.39% 91 95 9
Period:
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GWL Government Bond 75/100 (PS1)

GWL Government Bond 75/100 (PS1)

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