Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Focused Dividend DSC

December 31, 2025

A Canadian value fund seeking a steady stream of dividend income with opportunities for long-term growth.

Is this fund right for you?

  • You want your money to grow over a longer term.
  • You want to invest in Canadian companies that offer strong dividends, as well as Canadian and U.S. companies that have the potential for long-term growth and dividend income.
  • You're comfortable with a moderate level of risk.

RISK RATING

Risk Rating: Moderate

How is the fund invested? (as of December 31, 2025)

Asset allocation (%)
Name Percent
Canadian Equity 88.3
US Equity 7.7
Income Trust Units 3.0
Cash and Equivalents 0.9
International Equity 0.1
Geographic allocation (%)
Name Percent
Canada 90.8
United States 7.9
Bermuda 0.9
Other 0.4
Sector allocation (%)
Name Percent
Financial Services 34.2
Energy 16.8
Basic Materials 14.9
Industrial Services 7.7
Technology 6.1
Utilities 4.3
Consumer Services 4.1
Industrial Goods 2.7
Telecommunications 2.4
Other 6.8

Growth of $10,000 (since inception)

Period:

For the period 11/25/1997 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $66,756

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Royal Bank of Canada 8.9
Toronto-Dominion Bank 5.4
Manulife Financial Corp 4.7
Agnico Eagle Mines Ltd 4.4
Canadian Natural Resources Ltd 3.7
Bank of Montreal 3.4
Enbridge Inc 3.2
Canadian Pacific Kansas City Ltd 2.9
Canadian Imperial Bank of Commerce 2.8
TC Energy Corp 2.3
Total allocation in top holdings 41.7
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 9.91%
Dividend yield 2.58%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $272,296.4

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
1.25 12.20 20.38 20.38
Long term
3 YR 5 YR 10 YR INCEPTION
12.87 11.81 8.47 6.99

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
20.38 13.59 5.16 -3.02
2021 - 2018
2021 2020 2019 2018
-3.02 25.33 -2.39 16.99

Range of returns over five years (December 01, 1997 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
15.26% Feb 2014 -2.44% Feb 2009
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
6.56% 98 272 6
Period:
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* Must be between 1 and 50
GWL Canadian Focused Dividend DSC

GWL Canadian Focused Dividend DSC

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