Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Government Bond 100/100 (P)

June 30, 2026

A Canadian fund seeking interest income and growth potential while also trying to reduce volatility by investing in shorter-term bonds.

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 government or government-guaranteed instruments with credit ratings of A or higher.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

How is the fund invested? (as of June 30, 2026)

Asset allocation (%)
Name Percent
Domestic Bonds 92.7
Cash and Equivalents 7.2
Other 0.1
Geographic allocation (%)
Name Percent
Canada 89.6
Other 10.4
Sector allocation (%)
Name Percent
Fixed Income 92.7
Cash and Cash Equivalent 7.2
Other 0.1

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 06/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $10,955

Fund details (as of June 30, 2026)

Top holdings (%)
Top holdings Percent (%)
Province of Ontario 3.90% 06-02-2036 15.1
Canada Government 1.50% 01-Jun-2031 11.0
Canada Government 3.25% 01-Sep-2028 10.9
Canada Government 4.00% 01-Mar-2029 10.7
OVERNIGHT DEPOSITS 10.4
Canada Housing Trust No 1 3.10% 15-Jun-2028 9.4
Canada Housing Trust No 1 2.90% 15-Dec-2029 9.4
Alberta Province 2.05% 01-Jun-2030 4.9
Quebec Province 2.75% 01-Sep-2027 4.9
Ontario Province 3.60% 08-Mar-2028 3.0
Total allocation in top holdings 89.7
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 2.53%
Dividend yield -
Yield to maturity 2.92%
Duration (years) 2.82%
Coupon 2.89%
Average credit rating AA
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.27 0.85 0.85 1.57
Long term
3 YR 5 YR 10 YR INCEPTION
2.98 0.88 - 1.15

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
1.99 2.81 3.89 -4.06
2021 - 2018
2021 2020 2019 2018
-2.27 4.32 1.18 -

Range of returns over five years (August 01, 2018 - June 30, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
0.88% Dec 2024 -0.05% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
0.43% 94 34 2
Period:
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GWL Government Bond 100/100 (P)

GWL Government Bond 100/100 (P)

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