Fund overview & performance

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Canada Life Mutual Funds

CL European Equity 100/100 (GN2)†

October 31, 2026

A value European equity fund seeking long-term growth.

Is this fund right for you?

  • You want your money to grow over a longer term.
  • You want to invest in companies located or active in Western and Eastern Europe and whose shares are principally traded on European stock exchanges.
  • You're comfortable with a moderate level of risk.

RISK RATING

Risk Rating: Moderate

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

Asset allocation (%)
Name Percent
International Equity 97.1
Cash and Equivalents 2.1
US Equity 0.8
Geographic allocation (%)
Name Percent
Ireland 20.4
Switzerland 14.8
France 12.7
United Kingdom 10.0
Netherlands 9.8
Germany 8.5
Italy 6.2
Denmark 4.7
Bermuda 3.7
Other 9.2
Sector allocation (%)
Name Percent
Healthcare 26.5
Financial Services 18.3
Technology 14.5
Industrial Goods 11.7
Consumer Goods 11.6
Energy 6.2
Real Estate 5.8
Industrial Services 2.6
Cash and Cash Equivalent 2.1
Other 0.7

Growth of $10,000 (since inception)

Period:

For the period 12/03/2007 through 10/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $17,163

Fund details

As of October 31, 2026
Top holdings (%)
Top holdings Percent (%)
ASML Holding NV 7.2
Eni SpA 6.2
Roche Holding AG 4.9
Bank of Ireland Group PLC 4.5
Deutsche Boerse AG Cl N 4.3
CRH PLC 3.8
Steris PLC 3.8
Lancashire Holdings Ltd 3.7
Nestle SA Cl N 3.4
Epiroc AB Cl B 3.2
Total allocation in top holdings 45.0
As of October 31, 2026
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 8.77%
Dividend yield 2.45%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $187,431.2

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
1.15 8.19 8.82 9.67
Long term
3 YR 5 YR 10 YR INCEPTION
15.48 6.90 4.43 2.90

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
14.11 12.86 14.28 -15.80
2021 - 2018
2021 2020 2019 2018
10.32 -10.85 10.03 -7.43

Range of returns over five years (January 01, 2008 - October 31, 2026)

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
15.49% May 2017 -5.69% Sep 2022
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
4.48% 75 125 42
Period:
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CL European Equity 100/100 (GN2)†

CL European Equity 100/100 (GN2)†

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