Canada Life segregated funds policy originally with London Life

Fund overview & performance

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Canada Life Mutual Funds

LON Floating Rate Income 75/75 (P)

April 30, 2026

A credit-driven, value-oriented income fund that can benefit from higher interest rates.

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 floating-rate debt obligations and other floating-rate debt instruments from issuers located anywhere in the world.
  • 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 February 28, 2026)

Asset allocation (%)
Name Percent
Foreign Bonds 95.8
Domestic Bonds 2.1
Cash and Equivalents 1.7
Canadian Equity 0.5
Other -0.1
Geographic allocation (%)
Name Percent
United States 90.2
Canada 3.5
Europe 0.7
France 0.1
Other 5.5
Sector allocation (%)
Name Percent
Fixed Income 97.8
Cash and Cash Equivalent 1.7
Utilities 0.3
Financial Services 0.2

Growth of $10,000 (since inception)

Period:

For the period 07/09/2018 through 04/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $11,918

Fund details (as of February 28, 2026)

Top holdings (%)
Top holdings Percent (%)
CAD Currency Forward 1.5
Sagard Credit Partners II LP 1.3
X Corp. Term Loan B1 1st Lien F/R 26-Oct-2029 1.2
Infobip Inc. Term Loan 1st Lien F/R 11-Jun-2029 1.2
Natgasoline LLC Term Loan B 1st Lien F/R 24-Mar-2030 1.0
Jane Street Group LLC Term Loan B 1st Lien Senior 1.0
Northleaf Private Credit II LP MI 15 1.0
DS Parent Inc. Term Loan B 1st Lien Sr F/R 16-Dec-2030 0.9
A-Gas FinCo Inc. Term Loan B 1st Lien Sr F/R 13-Dec-2029 0.9
Indy US Holdco LLC Term Loan B 1st Lien Senior F/R 0.9
Total allocation in top holdings 10.9
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 2.12%
Dividend yield 4.74%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $60,262.2

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
0.97 0.95 1.21 3.51
Long term
3 YR 5 YR 10 YR INCEPTION
5.21 2.98 - 2.27

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
0.76 8.19 10.02 -6.02
2021 - 2018
2021 2020 2019 2018
3.74 -1.69 4.24 -

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

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
5.72% Mar 2025 0.80% Jul 2023
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
2.72% 100 34 0
Period:
Chart type:
* Must be between 1 and 50
LON Floating Rate Income 75/75 (P)

LON Floating Rate Income 75/75 (P)

Period:
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Export to: Export to CSV file
ID Effective date Price ($) Income Capital gain Total distribution