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 (PP)

January 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 January 31, 2026)

Asset allocation (%)
Name Percent
Domestic Bonds 63.4
Canadian Equity 14.5
US Equity 9.1
International Equity 5.6
Cash and Equivalents 5.2
Foreign Bonds 1.9
Income Trust Units 0.3
Geographic allocation (%)
Name Percent
Canada 80.2
United States 11.0
United Kingdom 1.3
France 1.0
Japan 0.7
Switzerland 0.4
Taiwan 0.4
Germany 0.4
Denmark 0.3
Other 4.3
Sector allocation (%)
Name Percent
Fixed Income 65.2
Financial Services 6.8
Cash and Cash Equivalent 5.2
Technology 4.5
Basic Materials 3.4
Energy 3.3
Consumer Services 2.0
Industrial Services 2.0
Consumer Goods 1.7
Other 5.9

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $14,042

Fund details (as of January 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Jun-2035 6.2
Ontario Province 3.95% 02-Dec-2035 3.3
OVERNIGHT DEPOSITS 2.9
Canada Government 2.75% 01-Dec-2055 1.8
Quebec Province 4.00% 01-Sep-2035 1.4
Cash and Cash Equivalents 1.2
Royal Bank of Canada 1.2
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.2
Quebec Province 4.20% 01-Dec-2057 1.1
Province of Ontario 3.90% 01-Jun-2036 1.1
Total allocation in top holdings 21.4
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.67%
Dividend yield 2.16%
Yield to maturity 3.87%
Duration (years) 7.46%
Coupon 4.10%
Average credit rating A+
Average market cap (million) $764,177.2

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
1.01 5.10 1.01 5.75
Long term
3 YR 5 YR 10 YR INCEPTION
7.09 4.03 - 4.59

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
6.82 9.59 7.58 -9.25
2021 - 2018
2021 2020 2019 2018
4.67 7.88 10.43 -

Range of returns over five years (August 01, 2018 - January 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
5.29% Mar 2025 2.05% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
3.54% 100 31 0
Period:
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LON Canadian Fixed Income Balanced II 100/100 (PP)

LON Canadian Fixed Income Balanced II 100/100 (PP)

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