Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON North American Balanced 75/100 (PP)

September 30, 2026

A large-cap fund seeking a blend of long-term growth and income.

Is this fund right for you?

  • You want investment income and want your money to grow over time.
  • You want to invest in Canadian and foreign stocks, Canadian bonds and short-term securities.
  • 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 August 31, 2026)

Asset allocation (%)
Name Percent
Domestic Bonds 38.8
Canadian Equity 34.4
US Equity 20.0
Cash and Equivalents 2.4
Foreign Bonds 2.3
International Equity 1.2
Income Trust Units 1.0
Other -0.1
Geographic allocation (%)
Name Percent
Canada 76.0
United States 22.4
United Kingdom 0.8
Ireland 0.4
Norway 0.3
Other 0.1
Sector allocation (%)
Name Percent
Fixed Income 41.0
Financial Services 14.2
Technology 12.1
Basic Materials 6.5
Consumer Services 4.6
Energy 4.4
Industrial Services 3.9
Healthcare 3.1
Cash and Cash Equivalent 2.4
Other 7.8

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $16,414

Fund details (as of August 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Dec-2034 3.3
Canada Government 3.50% 01-Dec-2057 2.9
Royal Bank of Canada 2.8
Toronto-Dominion Bank 2.1
Agnico Eagle Mines Ltd 2.0
Cash and Cash Equivalents 1.7
Kinross Gold Corp 1.4
Canadian Pacific Kansas City Ltd 1.4
Microsoft Corp 1.3
Shopify Inc Cl A 1.2
Total allocation in top holdings 20.1
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 6.72%
Dividend yield 1.48%
Yield to maturity 4.06%
Duration (years) 7.60%
Coupon 3.85%
Average credit rating AA-
Average market cap (million) $786,318.6

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.84 5.37 5.71 6.20
Long term
3 YR 5 YR 10 YR INCEPTION
12.21 6.65 - 6.21

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
9.24 13.86 8.76 -8.75
2021 - 2018
2021 2020 2019 2018
13.15 5.00 12.53 -

Range of returns over five years (August 01, 2018 - September 30, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
8.45% Mar 2025 3.16% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
6.12% 100 39 0
Period:
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LON North American Balanced 75/100 (PP)

LON North American Balanced 75/100 (PP)

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