August 31, 2026
This segregated fund invests primarily in Canadian stocks currently through the Canada Life Canadian Growth mutual fund. On or about May 8, 2026, this fund's name changed to Canadian Growth II from Canadian Focused Premier Growth, the underlying fund changed to Canada Life Canadian Growth Fund from Invesco EQV Canadian Premier Equity Class and Mackenzie Investments assumed portfolio management responsibilities from Invesco Canada Ltd. The performance prior to the above dates were achieved under previous manager and/or investment strategy.
Is this fund right for you?
- A person who is investing for the longer term, seeking the growth potential of stocks and is comfortable with moderate risk.
- Since the fund invests in stocks its value is affected by stock prices, which can rise and fall in a short period of time.
RISK RATING
How is the fund invested? (as of June 30, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 97.2 |
| US Equity | 1.5 |
| Cash and Equivalents | 0.8 |
| Income Trust Units | 0.5 |
| Name | Percent |
|---|---|
| Canada | 98.5 |
| United States | 1.5 |
| Name | Percent |
|---|---|
| Financial Services | 35.3 |
| Basic Materials | 15.7 |
| Energy | 14.8 |
| Industrial Services | 8.0 |
| Consumer Services | 6.4 |
| Technology | 6.0 |
| Utilities | 4.7 |
| Industrial Goods | 3.8 |
| Real Estate | 1.6 |
| Other | 3.7 |
Growth of $10,000 (since inception)
For the period 08/22/2001 through 04/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $51,972
Fund details (as of June 30, 2026)
| Top holdings | Percent (%) |
|---|---|
| Royal Bank of Canada | 9.9 |
| Toronto-Dominion Bank | 7.5 |
| Bank of Montreal | 4.1 |
| Shopify Inc Cl A | 3.7 |
| Enbridge Inc | 3.6 |
| Canadian Imperial Bank of Commerce | 3.4 |
| Brookfield Corp Cl A | 3.0 |
| Agnico Eagle Mines Ltd | 2.8 |
| Canadian Pacific Kansas City Ltd | 2.6 |
| National Bank of Canada | 2.5 |
| Total allocation in top holdings | 43.1 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 10.64% |
| Dividend yield | 1.79% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $129,490.0 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 6.73 | 12.07 | 8.63 | 38.31 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 20.74 | 14.44 | 9.14 | 6.90 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 19.61 | 24.76 | 14.85 | -5.89 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 19.94 | 3.30 | 14.56 | -11.91 |
Range of returns over five years (September 01, 2001 - August 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 18.18% | Mar 2008 | -5.48% | May 2012 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 6.03% | 87 | 206 | 31 |
fundgrade A+ logo
Fund category
Canadian Focused Equity
Inception date
August 22, 2001
Management expense ratio (MER)*
3.68%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$13.0
Price
$49.12
Number of holdings
68
Minimum Investment
$1,000
Fund codes
DSC^ — CLGOF090
NL — CLGON090
Contact information
Customer service centre
Toll free: 1-888-252-1847
Corporate website
Summary
For the period 08/22/2001 through 04/30/2026 with $10,000 CAD investment
Total returns performance
419.72%
Last price
$49.12 CAD
as of market close 04/30/2026
Value of $10,000 investment
$51,971.61 CAD
