Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Equity Index NL

June 30, 2026

A large-cap fund seeking to provide returns consistent with the S&P/TSX Composite in the long term.

Is this fund right for you?

  • You want your money to grow over a longer term.
  • You want to invest primarily in stocks listed on the S&P/TSX Composite.
  • You're comfortable with a moderate level of risk.

RISK RATING

Risk Rating: Moderate

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

Asset allocation (%)
Name Percent
Canadian Equity 97.6
Income Trust Units 1.8
US Equity 0.3
International Equity 0.2
Cash and Equivalents 0.2
Other -0.1
Geographic allocation (%)
Name Percent
Canada 98.9
Bermuda 0.7
United States 0.3
Australia 0.2
Other -0.1
Sector allocation (%)
Name Percent
Financial Services 33.9
Basic Materials 19.9
Energy 15.3
Technology 7.3
Industrial Services 7.2
Consumer Services 5.0
Utilities 3.0
Real Estate 2.6
Industrial Goods 1.9
Other 3.9

Growth of $10,000 (since inception)

Period:

For the period 02/28/1983 through 06/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $194,971

Fund details (as of May 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Royal Bank of Canada 7.4
Toronto-Dominion Bank 5.3
Shopify Inc Cl A 4.1
Enbridge Inc 3.3
Bank of Montreal 3.2
Canadian Imperial Bank of Commerce 2.8
Brookfield Corp Cl A 2.8
Bank of Nova Scotia 2.8
Canadian Natural Resources Ltd 2.6
Agnico Eagle Mines Ltd 2.6
Total allocation in top holdings 36.9
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 10.80%
Dividend yield 2.04%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $109,767.5

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.30 9.81 9.81 29.54
Long term
3 YR 5 YR 10 YR INCEPTION
20.46 12.23 10.17 7.09

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
28.37 18.67 9.17 -7.41
2021 - 2018
2021 2020 2019 2018
22.35 3.10 19.96 -10.95

Range of returns over five years (February 28, 1983 - June 30, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
18.96% Aug 2000 -4.33% Mar 2003
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
6.10% 89 408 53
Period:
Chart type:
* Must be between 1 and 50
GWL Equity Index NL

GWL Equity Index NL

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