Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Unconstrained Fixed Income 75/100 (PS1)

July 31, 2026

A fixed-income fund seeking to provide positive returns over a market cycle with reduced volatility.

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 fixed-income securities from anywhere in the world.
  • You're comfortable with a low to moderate level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Foreign Bonds 72.9
Domestic Bonds 22.2
Cash and Equivalents 4.0
Canadian Equity 0.5
International Equity 0.1
Income Trust Units 0.1
US Equity 0.1
Other 0.1
Geographic allocation (%)
Name Percent
United States 62.0
Canada 25.0
Brazil 2.6
Norway 2.0
Multi-National 1.6
New Zealand 1.1
Europe 0.7
Bermuda 0.1
Australia 0.1
Other 4.8
Sector allocation (%)
Name Percent
Fixed Income 95.2
Cash and Cash Equivalent 4.0
Utilities 0.5
Financial Services 0.1
Real Estate 0.1
Telecommunications 0.1

Growth of $10,000 (since inception)

Period:

For the period 10/19/2015 through 07/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $12,508

Fund details (as of May 31, 2026)

Top holdings (%)
Top holdings Percent (%)
United States Treasury 4.63% 15-Nov-2055 4.0
United States Treasury 4.25% 15-May-2035 3.3
United States Treasury Inflation Indexed 1.13% 15-Oct-2030 2.6
Cash and Cash Equivalents 2.4
Brazil Government 10.00% 01-Jan-2029 2.2
Norway Government 1.75% 17-Feb-2027 2.0
United States Treasury 4.63% 15-Feb-2035 1.9
United States Treasury 3.50% 15-Feb-2033 1.8
Canada Government 3.25% 01-Jun-2035 1.8
Mackenzie High Quality Floating Rate Fund Series R 1.6
Total allocation in top holdings 23.6
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 3.58%
Dividend yield 4.61%
Yield to maturity 5.50%
Duration (years) 4.78%
Coupon 4.89%
Average credit rating BBB+
Average market cap (million) $77,079.8

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.97 -1.02 -0.88 0.64
Long term
3 YR 5 YR 10 YR INCEPTION
3.20 0.61 1.90 2.10

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
3.20 4.17 5.68 -8.21
2021 - 2018
2021 2020 2019 2018
-1.83 4.56 4.70 -0.03

Range of returns over five years (November 01, 2015 - July 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
5.14% Jan 2021 -0.70% Oct 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
1.14% 83 58 12
Period:
Chart type:
* Must be between 1 and 50
GWL Unconstrained Fixed Income 75/100 (PS1)

GWL Unconstrained Fixed Income 75/100 (PS1)

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