Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

London Life Strategic Income II‡

September 30, 2026

A large-cap balanced fund seeking long-term growth with reduced risk through diversification.

Is this fund right for you?

  • You’re looking to preserve your investment while still allowing it to grow.
  • You want to invest in a combination of equities, bonds, mortgages and money investments.
  • 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 July 31, 2026)

Asset allocation (%)
Name Percent
Canadian Equity 30.0
Foreign Bonds 22.7
US Equity 18.3
Domestic Bonds 17.7
International Equity 7.7
Cash and Equivalents 2.6
Income Trust Units 1.0
Geographic allocation (%)
Name Percent
Canada 50.6
United States 39.1
United Kingdom 1.8
Japan 0.9
Norway 0.8
France 0.8
Germany 0.8
Taiwan 0.7
Switzerland 0.7
Other 3.8
Sector allocation (%)
Name Percent
Fixed Income 40.4
Financial Services 15.5
Technology 9.5
Energy 7.4
Basic Materials 5.4
Industrial Services 4.1
Industrial Goods 3.4
Healthcare 3.1
Consumer Services 3.0
Other 8.2

Growth of $10,000 (since inception)

Period:

For the period 01/29/1988 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $80,725

Fund details (as of July 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Jun-2035 3.3
Royal Bank of Canada 3.0
Canada Government 3.50% 01-Dec-2057 2.2
Cash and Cash Equivalents 2.0
Toronto-Dominion Bank 1.7
Agnico Eagle Mines Ltd 1.6
Manulife Financial Corp 1.5
Canadian Pacific Kansas City Ltd 1.4
NVIDIA Corp 1.4
Canadian Natural Resources Ltd 1.3
Total allocation in top holdings 19.4
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 6.00%
Dividend yield 1.89%
Yield to maturity 5.05%
Duration (years) 5.05%
Coupon 4.63%
Average credit rating BBB+
Average market cap (million) $839,012.2

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-1.64 4.24 5.45 6.38
Long term
3 YR 5 YR 10 YR INCEPTION
11.33 5.10 4.68 5.55

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
10.13 11.36 7.45 -11.78
2021 - 2018
2021 2020 2019 2018
9.55 5.14 10.97 -5.68

Range of returns over five years (February 01, 1988 - September 30, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
12.67% Sep 1997 -1.16% May 2012
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
5.17% 96 387 18
Period:
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London Life Strategic Income II‡

London Life Strategic Income II‡

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