Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

London Life Government Bond

December 31, 2025

A Canadian fund seeking interest income and growth potential while also trying to reduce volatility by investing in shorter-term bonds.

Is this fund right for you?

  • You want to protect your money from inflation while also protecting it from large swings in the market.
  • You want to invest in government or government-guaranteed instruments with credit ratings of A or higher.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 96.9
Cash and Equivalents 3.1
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Fixed Income 96.9
Cash and Cash Equivalent 3.1

Growth of $10,000 (since inception)

Period:

For the period 07/27/1998 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $15,841

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Sep-2028 19.7
Canada Housing Trust No 1 1.90% 15-Sep-2026 18.7
Ontario Province 3.60% 02-Jun-2035 17.8
Canada Housing Trust No 1 2.90% 15-Dec-2029 12.1
Canada Government 4.00% 01-Mar-2029 6.9
Alberta Province 2.05% 01-Jun-2030 4.9
Canada Government 3.25% 01-Dec-2034 3.9
Canada Housing Trust No 1 3.10% 15-Jun-2028 2.9
Ontario Province 1.55% 01-Nov-2029 2.8
Manitoba Province 2.55% 02-Jun-2026 2.4
Total allocation in top holdings 92.1
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 2.65%
Dividend yield -
Yield to maturity 2.90%
Duration (years) 3.61%
Coupon 2.96%
Average credit rating AA
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.63 0.45 1.52 1.52
Long term
3 YR 5 YR 10 YR INCEPTION
2.45 -0.02 0.11 1.69

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
1.52 2.64 3.20 -4.42
2021 - 2018
2021 2020 2019 2018
-4.42 -2.78 3.80 0.68

Range of returns over five years (August 01, 1998 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
4.69% Jan 2005 -0.88% May 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
1.52% 70 189 81
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London Life Government Bond

London Life Government Bond

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