Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Mackenzie Balanced 100/100 (PP)

December 31, 2025

A fund that aims to find balance between long-term growth and consistent income.

Is this fund right for you?

  • You want investment income and you want your money to grow over time.
  • You want to invest in a balance of Canadian fixed-income funds (no more than 40 per cent) and Canadian and foreign equity funds.
  • 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 December 31, 2025)

Asset allocation (%)
Name Percent
Domestic Bonds 40.0
Canadian Equity 35.7
US Equity 14.6
International Equity 9.4
Income Trust Units 0.2
Cash and Equivalents 0.1
Geographic allocation (%)
Name Percent
Canada 75.8
United States 14.6
Multi-National 9.0
Bermuda 0.2
Ireland 0.2
United Kingdom 0.1
Other 0.1
Sector allocation (%)
Name Percent
Mutual Fund 49.0
Financial Services 16.0
Technology 10.6
Basic Materials 5.7
Energy 5.3
Consumer Services 3.7
Industrial Services 2.9
Consumer Goods 1.4
Healthcare 1.4
Other 4.0

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 12/31/2025 tr.with $10,000 CAD investment, The value of the investment would be $16,581

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Canadian Core Fixed Income 40.0
Mackenzie Ivy International Fund Series A 9.0
Royal Bank of Canada 3.2
Shopify Inc Cl A 2.7
Toronto-Dominion Bank 2.2
Enbridge Inc 1.4
Brookfield Corp Cl A 1.3
Bank of Montreal 1.3
Bank of Nova Scotia 1.2
NVIDIA Corp 1.2
Total allocation in top holdings 63.5
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 7.30%
Dividend yield 1.94%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $691,112.6

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.52 7.10 11.34 11.34
Long term
3 YR 5 YR 10 YR INCEPTION
11.21 6.86 - 6.99

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
11.34 13.41 8.92 -9.55
2021 - 2018
2021 2020 2019 2018
-9.55 12.02 9.92 14.15

Range of returns over five years (August 01, 2018 - December 31, 2025)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
8.81% Mar 2025 4.10% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
6.37% 100 30 0
Period:
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LON Mackenzie Balanced 100/100 (PP)

LON Mackenzie Balanced 100/100 (PP)

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