Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Money Market NL

June 30, 2026

A fund seeking to protect your money from inflation in the short term.

Is this fund right for you?

  • You want to protect your money from inflation while maintaining quick access to it.
  • You want your money to grow in the short term.
  • 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
Cash and Equivalents 77.0
Domestic Bonds 23.0
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Cash and Cash Equivalent 77.0
Fixed Income 23.0

Growth of $10,000 (since inception)

Period:

For the period 12/31/1980 through 06/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $58,584

Fund details (as of June 30, 2026)

Top holdings (%)
Top holdings Percent (%)
OVERNIGHT DEPOSITS 13.2
Canadian Imperial Bank of Commerce Floating Rate 03-19-2027 5.2
Bank of Montreal 3.65% 01-Mar-2027 4.4
Royal Bank of Canada Floating Rate 10-06-2026 3.3
AIMCo Realty Investors LP 2.20% 04-Nov-2026 3.2
Manulife Bank of Canada 02-08-2027 3.0
Province of Newfoundland and Labrador 07-20-2026 3.0
AltaLink LP 07-15-2026 3.0
Lower Mattagami Energy LP 2.31% 21-Oct-2026 2.3
Canadian Imperial Bank of Commerce Floating Rate 04-30-2027 2.3
Total allocation in top holdings 42.9
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 0.33%
Dividend yield -
Yield to maturity 2.79%
Duration (years) 0.51%
Coupon 3.39%
Average credit rating AA-
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.12 0.65 0.65 1.44
Long term
3 YR 5 YR 10 YR INCEPTION
2.74 2.24 1.24 3.96

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
1.83 3.74 3.81 1.15
2021 - 2018
2021 2020 2019 2018
0.13 0.17 0.56 0.32

Range of returns over five years (December 31, 1980 - June 30, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
12.16% Dec 1985 0.18% Jul 2018
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
3.52% 100 487 0
Period:
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* Must be between 1 and 50
GWL Money Market NL

GWL Money Market NL

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