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

January 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 January 31, 2026)

Asset allocation (%)
Name Percent
International Equity 99.6
Cash and Equivalents 0.4
Geographic allocation (%)
Name Percent
Japan 20.5
United Kingdom 17.3
France 10.8
Switzerland 9.6
Germany 8.3
Netherlands 6.6
Spain 4.4
Sweden 4.1
Singapore 3.2
Other 15.2
Sector allocation (%)
Name Percent
Financial Services 24.1
Industrial Goods 15.2
Consumer Goods 13.1
Technology 10.5
Healthcare 9.5
Consumer Services 5.0
Utilities 4.5
Basic Materials 4.1
Energy 3.9
Other 10.1

Growth of $10,000 (since inception)

Period:

For the period 07/19/2004 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $24,381

Fund details (as of January 31, 2026)

Top holdings (%)
Top holdings Percent (%)
ASML Holding NV 3.9
DBS Group Holdings Ltd 2.5
Safran SA 2.5
AstraZeneca PLC 2.5
Siemens AG Cl N 2.3
Mitsubishi UFJ Financial Group Inc 2.3
Volvo AB Cl B 2.2
Novartis AG Cl N 2.2
Roche Holding AG - Partcptn 2.2
Shell PLC 2.1
Total allocation in top holdings 24.7
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 8.58%
Dividend yield 2.46%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $213,903.4

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
3.44 9.36 3.44 14.30
Long term
3 YR 5 YR 10 YR INCEPTION
11.29 6.15 6.22 4.23

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 - January 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
3.48% 75 150 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