Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Equity/Bond DSC

January 31, 2026

A large-cap, equity growth fund seeking long-term capital growth and income.

Is this fund right for you?

  • You’re looking to preserve your investment while still allowing it to grow.
  • You want to invest primarily in Canadian federal and provincial debt obligations and medium-to-high quality corporate debt securities. This fund emphasizes high-quality securities and bonds, which have a credit rating of A or higher.
  • You're comfortable with a low to moderate level of risk.

RISK RATING

Risk Rating: Low to Moderate

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

Asset allocation (%)
Name Percent
Canadian Equity 35.5
Domestic Bonds 32.7
US Equity 22.3
Cash and Equivalents 4.8
International Equity 3.8
Foreign Bonds 0.7
Other 0.2
Geographic allocation (%)
Name Percent
Canada 72.2
United States 23.8
United Kingdom 2.3
Ireland 1.2
Italy 0.3
France 0.1
Other 0.1
Sector allocation (%)
Name Percent
Fixed Income 33.5
Financial Services 16.1
Technology 12.8
Consumer Services 9.8
Industrial Services 7.3
Cash and Cash Equivalent 4.8
Healthcare 4.8
Basic Materials 4.7
Real Estate 3.5
Other 2.7

Growth of $10,000 (since inception)

Period:

For the period 01/31/1994 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $44,604

Fund details (as of January 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Royal Bank of Canada 3.9
Cash and Cash Equivalents 3.5
Canada Government 3.25% 01-Jun-2035 3.4
Toronto-Dominion Bank 3.3
Franco-Nevada Corp 3.0
Microsoft Corp 2.2
Brookfield Asset Management Ltd Cl A 2.2
Stantec Inc 1.9
Boyd Group Services Inc 1.8
NVIDIA Corp 1.7
Total allocation in top holdings 26.9
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 6.85%
Dividend yield 1.20%
Yield to maturity 3.81%
Duration (years) 7.49%
Coupon 4.04%
Average credit rating A+
Average market cap (million) $916,855.0

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-1.26 -2.33 -1.26 -1.46
Long term
3 YR 5 YR 10 YR INCEPTION
4.81 5.35 5.09 4.78

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
2.73 9.45 8.19 -6.65
2021 - 2018
2021 2020 2019 2018
14.26 4.75 13.27 -5.57

Range of returns over five years (January 31, 1994 - January 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
13.84% Feb 2000 -3.35% Feb 2009
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
4.82% 89 290 35
Period:
Chart type:
* Must be between 1 and 50
GWL Equity/Bond DSC

GWL Equity/Bond DSC

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