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 (P)

December 31, 2025

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 October 31, 2025)

Asset allocation (%)
Name Percent
Foreign Bonds 65.7
Domestic Bonds 23.1
Cash and Equivalents 9.8
Canadian Equity 0.7
US Equity 0.7
International Equity 0.2
Other -0.2
Geographic allocation (%)
Name Percent
United States 56.1
Canada 29.6
Brazil 2.0
North America 1.5
New Zealand 1.2
Mexico 1.2
Peru 1.1
South Africa 1.1
Europe 0.7
Other 5.5
Sector allocation (%)
Name Percent
Fixed Income 88.8
Cash and Cash Equivalent 9.8
Consumer Goods 0.6
Utilities 0.5
Telecommunications 0.2
Financial Services 0.2
Other -0.1

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $11,078

Fund details (as of October 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Cash and Cash Equivalents 7.3
United States Treasury 4.63% 15-Feb-2055 3.6
United States Treasury 4.25% 15-May-2035 3.3
Canada Government 3.50% 01-Sep-2029 2.4
United States Treasury 3.50% 15-Feb-2033 1.9
United States Treasury 4.63% 15-Feb-2035 1.9
Brazil Government 10.00% 01-Jan-2027 1.5
Mackenzie High Quality Floating Rate Fund Series R 1.5
New Zealand Government 4.25% 15-May-2034 1.2
Mexico Government 7.75% 23-Nov-2034 1.1
Total allocation in top holdings 25.7
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 3.83%
Dividend yield 2.94%
Yield to maturity 5.45%
Duration (years) 5.84%
Coupon 5.05%
Average credit rating BBB+
Average market cap (million) $50,862.9

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.63 1.67 3.18 3.18
Long term
3 YR 5 YR 10 YR INCEPTION
4.32 0.45 - 1.38

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
3.18 4.15 5.66 -8.23
2021 - 2018
2021 2020 2019 2018
-8.23 -1.86 4.51 4.66

Range of returns over five years (August 01, 2018 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
1.26% Mar 2025 -0.41% Oct 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
0.50% 87 26 4
Period:
Chart type:
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GWL Unconstrained Fixed Income 75/100 (P)

GWL Unconstrained Fixed Income 75/100 (P)

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Export to: Export to CSV file
ID Effective date Price ($) Income Capital gain Total distribution