Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Real Return Bond 100/100

March 31, 2026

A Canadian fixed-income fund that provides opportunities for moderate income generation as well as longer-term inflation protection.

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 Canadian real-return bonds issued by governments, with some exposure to foreign fixed-income 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 March 31, 2026)

Asset allocation (%)
Name Percent
Domestic Bonds 98.7
Cash and Equivalents 1.3
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Fixed Income 98.7
Cash and Cash Equivalent 1.3

Growth of $10,000 (since inception)

Period:

For the period 07/08/2013 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $9,692

Fund details (as of March 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 4.00% 01-Dec-2031 13.1
Canada Government 1.50% 01-Dec-2044 12.9
Canada Government 2.00% 01-Dec-2041 12.2
Canada Government 1.25% 01-Dec-2047 11.4
Ontario Province 2.00% 01-Dec-2036 9.0
Canada Government 0.50% 01-Dec-2050 9.0
Canada Government 3.00% 01-Dec-2036 8.7
Canada Government 4.25% 01-Dec-2026 8.3
Quebec Province 4.50% 01-Dec-2026 4.5
Quebec Province 4.25% 01-Dec-2031 4.4
Total allocation in top holdings 93.5
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 7.78%
Dividend yield -
Yield to maturity 1.36%
Duration (years) 11.48%
Coupon 2.47%
Average credit rating AA+
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-2.46 -1.77 0.70 -3.65
Long term
3 YR 5 YR 10 YR INCEPTION
0.24 -2.08 -0.93 -0.25

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
-1.60 1.41 -0.70 -16.36
2021 - 2018
2021 2020 2019 2018
-0.69 9.94 5.33 -2.51

Range of returns over five years (August 01, 2013 - March 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
2.44% Nov 2020 -3.82% Dec 2025
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
-0.72% 42 39 54
Period:
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GWL Real Return Bond 100/100

GWL Real Return Bond 100/100

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