Canada Life segregated funds policy originally with Great-West Life

Fund overview & performance

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Canada Life Mutual Funds

GWL Canadian Stock DSC

March 31, 2026

A blended Canadian large cap fund that seeks strong, long-term growth.

Is this fund right for you?

  • You want your money to grow over a longer term.
  • You want to invest mainly in Canadian companies that are intended to provide strong returns.
  • You're comfortable with a moderate level of risk.

RISK RATING

Risk Rating: Low to Moderate

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

Asset allocation (%)
Name Percent
Canadian Equity 98.6
Cash and Equivalents 1.4
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Financial Services 27.7
Energy 18.1
Basic Materials 14.4
Industrial Services 11.4
Consumer Services 8.3
Technology 8.0
Telecommunications 3.6
Real Estate 3.5
Utilities 2.8
Other 2.2

Growth of $10,000 (since inception)

Period:

For the period 01/23/1996 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $68,660

Fund details (as of March 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Royal Bank of Canada 6.0
Toronto-Dominion Bank 4.7
Franco-Nevada Corp 4.4
Bank of Montreal 4.2
Canadian National Railway Co 4.1
Bank of Nova Scotia 3.8
Brookfield Corp Cl A 3.5
Alimentation Couche-Tard Inc 3.3
Canadian Pacific Kansas City Ltd 3.2
Agnico Eagle Mines Ltd 3.2
Total allocation in top holdings 40.4
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 9.49%
Dividend yield 2.18%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $93,228.6

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-3.53 4.00 1.80 18.71
Long term
3 YR 5 YR 10 YR INCEPTION
12.14 11.23 8.26 6.59

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
17.77 13.87 7.02 0.10
2021 - 2018
2021 2020 2019 2018
25.84 -3.28 18.32 -11.88

Range of returns over five years (February 01, 1996 - March 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
19.75% Feb 2014 -5.49% Mar 2003
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
5.49% 92 278 25
Period:
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GWL Canadian Stock DSC

GWL Canadian Stock DSC

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