Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Strategic Income III 100/100

December 31, 2025

A diversified, income-focused fund with opportunity for growth.

Is this fund right for you?

  • You want your investment to boost your income returns.
  • You want exposure to multi-managers in one fund that have access to global markets.
  • 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 December 31, 2025)

Asset allocation (%)
Name Percent
Canadian Equity 29.2
Foreign Bonds 25.5
US Equity 16.9
Domestic Bonds 14.0
International Equity 8.0
Cash and Equivalents 5.9
Income Trust Units 0.7
Other -0.2
Geographic allocation (%)
Name Percent
Canada 48.4
United States 41.0
United Kingdom 1.8
Multi-National 1.7
France 1.3
Japan 1.1
Germany 1.0
Taiwan 0.6
Switzerland 0.5
Other 2.6
Sector allocation (%)
Name Percent
Fixed Income 39.5
Financial Services 13.6
Technology 9.0
Energy 6.2
Basic Materials 6.2
Cash and Cash Equivalent 5.9
Industrial Services 4.0
Consumer Services 3.7
Industrial Goods 3.1
Other 8.8

Growth of $10,000 (since inception)

Period:

For the period 01/12/2015 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $15,209

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Royal Bank of Canada 2.7
OVERNIGHT DEPOSITS 2.5
Agnico Eagle Mines Ltd 1.9
Manulife Financial Corp 1.7
Toronto-Dominion Bank 1.5
Microsoft Corp 1.4
United States Treasury 4.63% 15-Feb-2055 1.3
NVIDIA Corp 1.3
Cash and Cash Equivalents 1.3
Canadian Natural Resources Ltd 1.2
Total allocation in top holdings 16.8
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 6.39%
Dividend yield 2.08%
Yield to maturity 5.01%
Duration (years) 5.13%
Coupon 4.80%
Average credit rating BBB
Average market cap (million) $789,847.7

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.32 5.87 10.08 10.08
Long term
3 YR 5 YR 10 YR INCEPTION
9.12 4.73 4.14 3.90

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
10.08 11.01 6.33 -9.17
2021 - 2018
2021 2020 2019 2018
-9.17 6.78 0.92 8.96

Range of returns over five years (February 01, 2015 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
5.85% Oct 2025 0.15% Oct 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
2.56% 100 72 0
Period:
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GWL Strategic Income III 100/100

GWL Strategic Income III 100/100

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