Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Mackenzie Balanced Income 75/75 (P)

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 45 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 45.0
Canadian Equity 32.7
US Equity 13.4
International Equity 8.6
Income Trust Units 0.2
Cash and Equivalents 0.1
Geographic allocation (%)
Name Percent
Canada 77.8
United States 13.4
Multi-National 8.3
Bermuda 0.2
Ireland 0.2
United Kingdom 0.1
Sector allocation (%)
Name Percent
Mutual Fund 53.3
Financial Services 14.6
Technology 9.7
Basic Materials 5.2
Energy 4.9
Consumer Services 3.4
Industrial Services 2.7
Consumer Goods 1.3
Healthcare 1.3
Other 3.6

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 $15,712

Fund details (as of December 31, 2025)

Top holdings (%)
Top holdings Percent (%)
Canadian Core Fixed Income 45.0
Mackenzie Ivy International Fund Series A 8.3
Royal Bank of Canada 3.0
Shopify Inc Cl A 2.5
Toronto-Dominion Bank 2.0
Enbridge Inc 1.3
Brookfield Corp Cl A 1.2
Bank of Montreal 1.2
Bank of Nova Scotia 1.1
NVIDIA Corp 1.1
Total allocation in top holdings 66.7
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 7.06%
Dividend yield 1.94%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $691,112.5

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.59 6.45 10.25 10.25
Long term
3 YR 5 YR 10 YR INCEPTION
10.25 5.90 - 6.23

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
10.25 12.28 8.25 -10.08
2021 - 2018
2021 2020 2019 2018
-10.08 10.55 9.60 13.14

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
7.80% Mar 2025 3.43% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
5.52% 100 30 0
Period:
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LON Mackenzie Balanced Income 75/75 (P)

LON Mackenzie Balanced Income 75/75 (P)

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