Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Government Bond 100/100 (PP)

September 30, 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 September 30, 2026)

Asset allocation (%)
Name Percent
Domestic Bonds 97.7
Cash and Equivalents 2.3
Geographic allocation (%)
Name Percent
Canada 100.0
Sector allocation (%)
Name Percent
Fixed Income 97.7
Cash and Cash Equivalent 2.3

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 $11,275

Fund details (as of September 30, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.25% 01-Sep-2028 20.3
Province of Ontario 3.90% 06-02-2036 11.4
Canada Government 4.00% 01-Mar-2029 11.2
Canada Housing Trust No 1 2.90% 15-Dec-2029 9.8
Canada Government 1.50% 01-Jun-2031 8.6
Alberta Province 2.05% 01-Jun-2030 5.3
Canada Government 3.00% 01-Sep-2031 3.6
Province of Ontario 3.85% 12-02-2036 3.5
Quebec Province 2.75% 01-Sep-2027 3.5
Canada Housing Trust No 1 3.10% 15-Jun-2028 3.1
Total allocation in top holdings 80.3
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 2.57%
Dividend yield -
Yield to maturity 3.40%
Duration (years) 2.64%
Coupon 2.98%
Average credit rating AA+
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-0.86 -0.55 -0.43 -0.47
Long term
3 YR 5 YR 10 YR INCEPTION
3.43 1.21 - 1.47

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
2.56 3.70 4.25 -3.43
2021 - 2018
2021 2020 2019 2018
-1.78 4.86 1.72 -

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
1.48% Jun 2026 0.46% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
1.02% 100 39 0
Period:
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LON Government Bond 100/100 (PP)

LON Government Bond 100/100 (PP)

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