Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Core Plus Bond 100/100 (PS1)

January 31, 2026

A fixed-income fund seeking to provide a high level of interest income with the potential for growth.

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 and corporate bonds, as well as other debt securities issued in Canada and around the world.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 91.8
Cash and Equivalents 6.4
Foreign Bonds 1.9
Other -0.1
Geographic allocation (%)
Name Percent
Canada 93.7
United States 1.3
France 0.4
Other 4.6
Sector allocation (%)
Name Percent
Fixed Income 93.5
Cash and Cash Equivalent 6.4
Financial Services 0.1

Growth of $10,000 (since inception)

Period:

For the period 05/14/2012 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $12,002

Fund details (as of January 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Jun-2035 7.9
Ontario Province 3.95% 02-Dec-2035 5.1
OVERNIGHT DEPOSITS 4.5
Quebec Province 4.40% 01-Dec-2055 2.7
Canada Government 2.75% 01-Dec-2055 2.7
Ontario Province 3.60% 02-Jun-2035 2.4
CPPIB Capital Inc 4.30% 02-Jun-2034 2.1
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.8
Enbridge Inc 5.38% 27-Sep-2027 1.6
Province of Ontario 3.90% 01-Jun-2036 1.6
Total allocation in top holdings 32.4
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.06%
Dividend yield 1.78%
Yield to maturity 3.80%
Duration (years) 7.40%
Coupon 4.08%
Average credit rating A+
Average market cap (million) $26,699.4

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.63 2.65 0.63 1.96
Long term
3 YR 5 YR 10 YR INCEPTION
3.53 -0.52 1.00 1.34

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
2.51 4.91 5.47 -12.47
2021 - 2018
2021 2020 2019 2018
-3.42 7.50 5.38 -0.42

Range of returns over five years (June 01, 2012 - January 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
2.86% Nov 2020 -1.26% Oct 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
0.74% 59 62 43
Period:
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GWL Canadian Core Plus Bond 100/100 (PS1)

GWL Canadian Core Plus Bond 100/100 (PS1)

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