Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

London Life Core Bond

July 31, 2026

A Canadian fixed-income fund seeking to provide interest income and long-term growth.

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 primarily in federal and provincial government bonds as well as medium-to-high quality corporate debt securities.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 95.4
Foreign Bonds 3.4
Cash and Equivalents 1.2
Geographic allocation (%)
Name Percent
Canada 96.6
United States 2.4
Norway 0.6
France 0.1
Other 0.3
Sector allocation (%)
Name Percent
Fixed Income 98.8
Cash and Cash Equivalent 1.2

Growth of $10,000 (since inception)

Period:

For the period 01/01/1962 through 07/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $368,153

Fund details (as of July 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.50% 01-Dec-2057 6.7
Canada Government 2.75% 01-Sep-2030 6.0
Province of Ontario 3.90% 06-02-2036 5.5
Canada Government 3.25% 01-Jun-2035 4.5
Canada Government 1.50% 01-Jun-2031 3.6
Quebec Province 4.40% 01-Dec-2055 2.6
Government of Canada 3.25% 06-01-2036 2.5
Ontario Province 3.95% 02-Dec-2035 1.9
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.4
CPPIB Capital Inc 4.30% 02-Jun-2034 1.3
Total allocation in top holdings 36.0
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.08%
Dividend yield -
Yield to maturity 3.92%
Duration (years) 7.62%
Coupon 3.75%
Average credit rating AA-
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-1.75 -0.97 -0.48 0.89
Long term
3 YR 5 YR 10 YR INCEPTION
2.51 -0.99 -0.17 5.74

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
1.01 2.94 4.78 -12.00
2021 - 2018
2021 2020 2019 2018
-4.21 6.71 4.87 -0.68

Range of returns over five years (February 01, 1962 - July 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
22.69% Aug 1986 -2.14% Jul 2025
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
6.08% 93 662 53
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London Life Core Bond

London Life Core Bond

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