Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Mackenzie Balanced Income 100/100 (P)

March 31, 2026

A fund that aims to find balance between long-term growth and consistent income.

Is this fund right for you?

  • You want investment income and you want your money to grow over time.
  • You want to invest in a balance of Canadian fixed-income funds (no more than 45 per cent) and Canadian and foreign equity funds.
  • 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 March 31, 2026)

Asset allocation (%)
Name Percent
Domestic Bonds 45.0
Canadian Equity 32.7
US Equity 13.4
International Equity 8.6
Income Trust Units 0.2
Cash and Equivalents 0.1
Geographic allocation (%)
Name Percent
Canada 77.8
United States 13.4
Multi-National 8.3
Bermuda 0.2
Ireland 0.2
United Kingdom 0.1
Sector allocation (%)
Name Percent
Mutual Fund 53.3
Financial Services 13.7
Technology 8.4
Energy 6.2
Basic Materials 5.7
Consumer Services 3.3
Industrial Services 2.6
Consumer Goods 1.3
Healthcare 1.3
Other 4.2

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $15,471

Fund details (as of March 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canadian Core Fixed Income 45.0
Mackenzie Ivy International Fund Series A 8.3
Royal Bank of Canada 2.7
Toronto-Dominion Bank 1.9
Shopify Inc Cl A 1.8
Enbridge Inc 1.4
Agnico Eagle Mines Ltd 1.2
Canadian Natural Resources Ltd 1.2
Bank of Montreal 1.2
Brookfield Corp Cl A 1.1
Total allocation in top holdings 65.8
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 7.12%
Dividend yield 1.97%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $609,345.1

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-3.19 1.22 -0.13 9.33
Long term
3 YR 5 YR 10 YR INCEPTION
8.68 5.41 - 5.81

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
10.01 12.08 8.17 -10.14
2021 - 2018
2021 2020 2019 2018
10.18 9.36 12.90 -

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

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
7.61% Mar 2025 3.24% Sep 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
5.39% 100 33 0
Period:
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LON Mackenzie Balanced Income 100/100 (P)

LON Mackenzie Balanced Income 100/100 (P)

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