Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Resources NL

March 31, 2026

A value fund seeking long-term growth in the Canadian resource sector.

Is this fund right for you?

  • You want your money to grow over a longer term.
  • You want to invest in the securities of Canadian oil, gas and natural resource companies that offer above-average prospects for growth with slightly higher volatility.
  • You're comfortable with a high level of risk.

RISK RATING

Risk Rating: High

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

Asset allocation (%)
Name Percent
Canadian Equity 40.6
International Equity 32.3
US Equity 25.2
Cash and Equivalents 1.4
Income Trust Units 0.5
Geographic allocation (%)
Name Percent
Canada 42.0
United States 25.2
United Kingdom 9.8
France 6.6
Brazil 5.1
Germany 2.5
Norway 1.8
Australia 1.5
Ireland 1.0
Other 4.5
Sector allocation (%)
Name Percent
Energy 50.9
Basic Materials 39.2
Industrial Goods 3.6
Real Estate 1.5
Cash and Cash Equivalent 1.4
Utilities 0.4
Technology 0.3
Other 2.7

Growth of $10,000 (since inception)

Period:

For the period 01/23/1996 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $42,070

Fund details (as of March 31, 2026)

Top holdings (%)
Top holdings Percent (%)
TotalEnergies SE 3.9
Shell PLC - ADR 3.7
Cenovus Energy Inc 3.3
Ovintiv Inc 3.3
Alcoa Corp 2.7
Tourmaline Oil Corp 2.6
Advantage Energy Ltd 2.4
Endeavour Mining PLC 2.2
Methanex Corp 2.2
First Quantum Minerals Ltd 2.1
Total allocation in top holdings 28.4
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 14.31%
Dividend yield 2.45%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $55,291.9

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.61 33.16 18.46 58.12
Long term
3 YR 5 YR 10 YR INCEPTION
25.21 23.85 12.22 4.87

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
44.45 10.69 4.51 15.95
2021 - 2018
2021 2020 2019 2018
38.92 -6.73 18.20 -18.39

Range of returns over five years (February 01, 1996 - March 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
30.97% Oct 2007 -16.97% Feb 2016
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
4.41% 58 175 128
Period:
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GWL Canadian Resources NL

GWL Canadian Resources NL

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