Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL International Equity NL

July 31, 2026

A bottom-up, growth-oriented international equity fund seeking long-term growth.

Is this fund right for you?

  • You want your money to grow over a longer term.
  • You want to invest in equities outside of Canada and the U.S.
  • You're comfortable with a moderate level of risk.

RISK RATING

Risk Rating: Moderate

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

Asset allocation (%)
Name Percent
International Equity 99.0
Cash and Equivalents 1.0
Geographic allocation (%)
Name Percent
Japan 22.7
United Kingdom 17.7
Germany 10.6
Switzerland 9.0
France 9.0
Netherlands 4.9
Spain 4.4
Sweden 3.3
Singapore 2.5
Other 15.9
Sector allocation (%)
Name Percent
Financial Services 23.7
Industrial Goods 16.6
Consumer Goods 12.9
Technology 9.2
Healthcare 8.0
Consumer Services 5.0
Industrial Services 4.7
Utilities 4.6
Energy 4.5
Other 10.8

Growth of $10,000 (since inception)

Period:

For the period 07/19/2004 through 07/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $26,211

Fund details (as of July 31, 2026)

Top holdings (%)
Top holdings Percent (%)
ASML Holding NV 3.6
Mitsubishi UFJ Financial Group Inc 2.8
Siemens AG Cl N 2.6
Roche Holding AG 2.3
Safran SA 2.2
Volvo AB Cl B 2.2
Banco Santander SA 2.2
Shell PLC 2.1
Nestle SA Cl N 2.0
AstraZeneca PLC 2.0
Total allocation in top holdings 24.0
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 10.15%
Dividend yield 2.40%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $229,528.8

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.87 7.51 11.21 17.57
Long term
3 YR 5 YR 10 YR INCEPTION
12.79 6.30 6.94 4.47

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
17.24 7.21 12.71 -16.27
2021 - 2018
2021 2020 2019 2018
8.23 8.41 18.72 -12.65

Range of returns over five years (August 01, 2004 - July 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
12.17% May 2017 -7.86% May 2012
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
3.56% 76 156 49
Period:
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GWL International Equity NL

GWL International Equity NL

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