Fund overview & performance

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Canada Life Mutual Funds

CL Canadian Growth II 75/75 (GNC)

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

Risk Rating: Moderate

How is the fund invested? (as of June 30, 2026)

Asset allocation (%)
Name Percent
Canadian Equity 97.2
US Equity 1.5
Cash and Equivalents 0.8
Income Trust Units 0.5
Geographic allocation (%)
Name Percent
Canada 98.5
United States 1.5
Sector allocation (%)
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)

Data not available based on date of inception

Fund details (as of June 30, 2026)

Top holdings (%)
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
Portfolio characteristics Value
Standard deviation -
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 (%)

Short term
1 MO 3 MO YTD 1 YR
Data not available based on date of inception
Long term
3 YR 5 YR 10 YR INCEPTION
Data not available based on date of inception

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
Data not available based on date of inception
2021 - 2018
2021 2020 2019 2018
Data not available based on date of inception

Range of returns over five years

Best return / Worst return
Best return Best period end date Worst return
Worst period end date
Data not available based on date of inception
Summary
Average return % of periods with positive returns Number of positive periods Number of negative periods
Data not available based on date of inception

Data not available based on date of inception

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