Canada Life segregated funds policy originally with London Life

Fund overview & performance

Looking for mutual funds?

Canada Life Mutual Funds

LON Government Bond 100/100 (PS1)

March 31, 2026

A Canadian fund seeking interest income and growth potential while also trying to reduce volatility by investing in shorter-term bonds.

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 in government or government-guaranteed instruments with credit ratings of A or higher.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 95.6
Cash and Equivalents 4.4
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Fixed Income 95.6
Cash and Cash Equivalent 4.4

Growth of $10,000 (since inception)

Period:

For the period 05/14/2012 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $10,999

Fund details (as of March 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Sep-2028 19.6
Province of Ontario 3.90% 26-Mar-2030 16.6
Canada Housing Trust No 1 1.90% 15-Sep-2026 15.6
Canada Housing Trust No 1 2.90% 15-Dec-2029 10.9
Canada Government 4.00% 01-Mar-2029 7.1
Alberta Province 2.05% 01-Jun-2030 5.1
Canada Government 3.25% 01-Dec-2034 4.0
Canada Government 1.50% 01-Jun-2031 3.5
Canada Housing Trust No 1 3.10% 15-Jun-2028 3.0
Ontario Province 1.55% 01-Nov-2029 2.9
Total allocation in top holdings 88.3
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 2.63%
Dividend yield -
Yield to maturity 2.87%
Duration (years) 2.59%
Coupon 2.79%
Average credit rating AA
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-1.19 -0.20 -0.02 0.42
Long term
3 YR 5 YR 10 YR INCEPTION
2.37 0.68 0.55 0.69

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
1.99 3.11 3.67 -3.98
2021 - 2018
2021 2020 2019 2018
-2.33 4.28 1.14 0.40

Range of returns over five years (June 01, 2012 - March 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
0.90% Feb 2026 -0.42% May 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
0.29% 85 91 16
Period:
Chart type:
* Must be between 1 and 50
LON Government Bond 100/100 (PS1)

LON Government Bond 100/100 (PS1)

Period:
Interval:
Export to: Export to CSV file
ID Effective date Price ($) Income Capital gain Total distribution