Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Fixed Income Balanced II NL

June 30, 2026

A Canadian value fund that seeks to provide capital appreciation and income.

Is this fund right for you?

  • You want your investment to boost your income returns.
  • You want to invest in Canadian government bonds and some corporate bonds.
  • You're comfortable with a low to moderate level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 62.3
Canadian Equity 14.6
US Equity 9.4
International Equity 5.3
Foreign Bonds 5.0
Cash and Equivalents 3.2
Income Trust Units 0.4
Other -0.2
Geographic allocation (%)
Name Percent
Canada 80.2
United States 13.1
United Kingdom 1.2
France 1.1
Norway 0.9
Japan 0.7
Taiwan 0.6
Germany 0.4
Ireland 0.3
Other 1.5
Sector allocation (%)
Name Percent
Fixed Income 67.2
Financial Services 7.3
Technology 5.0
Energy 3.4
Cash and Cash Equivalent 3.2
Basic Materials 2.7
Industrial Services 2.1
Industrial Goods 2.1
Consumer Services 1.7
Other 5.3

Growth of $10,000 (since inception)

Period:

For the period 01/23/1996 through 06/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $40,014

Fund details (as of June 30, 2026)

Top holdings (%)
Top holdings Percent (%)
Cash and Cash Equivalents 2.7
Province of Ontario 3.90% 06-02-2036 2.4
Ontario Province 3.95% 02-Dec-2035 2.3
Canada Government 3.25% 01-Jun-2035 2.0
Quebec Province 4.20% 01-Dec-2057 1.7
Royal Bank of Canada 1.4
Canada Government 3.00% 01-Feb-2027 1.3
Canada Government 1.50% 01-Jun-2031 1.3
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.2
United States Treasury 2.38% 15-Feb-2055 1.2
Total allocation in top holdings 17.5
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.64%
Dividend yield 2.05%
Yield to maturity 4.01%
Duration (years) 7.17%
Coupon 4.04%
Average credit rating A+
Average market cap (million) $857,356.4

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.66 4.35 4.35 7.83
Long term
3 YR 5 YR 10 YR INCEPTION
7.44 3.24 3.45 4.66

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
5.72 8.38 6.46 -9.93
2021 - 2018
2021 2020 2019 2018
3.13 6.42 9.27 -2.58

Range of returns over five years (February 01, 1996 - June 30, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
8.65% Feb 2005 -0.06% Feb 2009
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
4.35% 100 305 1
Period:
Chart type:
* Must be between 1 and 50
GWL Canadian Fixed Income Balanced II NL

GWL Canadian Fixed Income Balanced II NL

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