Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Canadian Core Bond 100/100 (PP)

January 31, 2026

A Canadian fixed-income fund seeking to provide interest income and long-term growth.

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 primarily in federal and provincial government bonds as well as medium-to-high quality corporate debt securities.
  • You're comfortable with a low level of risk.

RISK RATING

Risk Rating: Low

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

Asset allocation (%)
Name Percent
Domestic Bonds 91.4
Cash and Equivalents 7.8
Foreign Bonds 0.8
Geographic allocation (%)
Name Percent
Canada 99.2
United States 0.6
France 0.1
Other 0.1
Sector allocation (%)
Name Percent
Fixed Income 92.2
Cash and Cash Equivalent 7.8
Financial Services 0.1
Other -0.1

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 $11,128

Fund details (as of January 31, 2026)

Top holdings (%)
Top holdings Percent (%)
Canada Government 3.00% 01-Jun-2034 6.0
OVERNIGHT DEPOSITS 5.5
Canada Government 3.25% 01-Jun-2035 5.2
Ontario Province 3.95% 02-Dec-2035 4.2
Quebec Province 4.40% 01-Dec-2055 3.1
Canada Government 2.75% 01-Dec-2055 2.5
Ontario Province 4.60% 02-Dec-2055 2.0
Canada Government 2.75% 01-Sep-2030 2.0
Ontario Province 3.60% 02-Jun-2035 1.8
British Clmbia Invst Mgmt Corp 4.00% 02-Jun-2035 1.7
Total allocation in top holdings 34.0
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 5.02%
Dividend yield -
Yield to maturity 3.70%
Duration (years) 7.40%
Coupon 3.93%
Average credit rating AA-
Average market cap (million) -

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.58 2.40 0.58 1.47
Long term
3 YR 5 YR 10 YR INCEPTION
3.17 -0.35 - 1.42

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
2.04 4.00 5.84 -11.11
2021 - 2018
2021 2020 2019 2018
-3.23 7.79 5.95 -

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
0.78% Dec 2023 -1.14% Jul 2025
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
-0.16% 39 12 19
Period:
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LON Canadian Core Bond 100/100 (PP)

LON Canadian Core Bond 100/100 (PP)

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