Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Canadian Fixed Income Balanced II 100/100

July 31, 2026

A Canadian value fund that seeks to provide capital appreciation and income.

Is this fund right for you?

  • You want your investment to boost your income returns.
  • You want to invest in Canadian government bonds and some corporate bonds.
  • You're comfortable with a low to moderate level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 63.7
Canadian Equity 14.5
US Equity 9.7
International Equity 5.5
Foreign Bonds 4.7
Cash and Equivalents 1.5
Income Trust Units 0.4
Geographic allocation (%)
Name Percent
Canada 80.1
United States 13.1
United Kingdom 1.1
France 1.1
Norway 0.9
Japan 0.7
Switzerland 0.5
Ireland 0.4
Germany 0.4
Other 1.7
Sector allocation (%)
Name Percent
Fixed Income 68.2
Financial Services 7.4
Technology 5.0
Energy 3.7
Basic Materials 2.7
Industrial Services 2.2
Industrial Goods 1.9
Healthcare 1.9
Consumer Services 1.7
Other 5.3

Growth of $10,000 (since inception)

Period:

For the period 10/05/2009 through 07/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $19,058

Fund details (as of July 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.50% 01-Dec-2057 3.2
Canada Government 3.25% 01-Jun-2035 2.5
Ontario Province 3.95% 02-Dec-2035 2.2
Province of Ontario 3.90% 06-02-2036 1.8
Quebec Province 4.00% 01-Sep-2035 1.5
Royal Bank of Canada 1.4
Quebec Province 4.20% 01-Dec-2057 1.2
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.2
United States Treasury 2.38% 15-Feb-2055 1.1
Canada Government 3.00% 01-Feb-2027 1.1
Total allocation in top holdings 17.2
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.66%
Dividend yield 2.01%
Yield to maturity 4.16%
Duration (years) 7.73%
Coupon 4.06%
Average credit rating A+
Average market cap (million) $892,201.7

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.97 2.32 3.24 6.84
Long term
3 YR 5 YR 10 YR INCEPTION
6.93 2.58 3.05 3.91

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
5.44 8.17 6.19 -10.41
2021 - 2018
2021 2020 2019 2018
3.31 6.48 9.02 -2.76

Range of returns over five years (November 01, 2009 - July 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
6.27% Feb 2015 0.51% Oct 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
3.33% 100 142 0
Period:
Chart type:
* Must be between 1 and 50
LON Canadian Fixed Income Balanced II 100/100

LON Canadian Fixed Income Balanced II 100/100

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