This segregated fund invests primarily in equities of companies operating in emerging markets currently through the Canada Life Emerging Markets Large Cap Equity mutual fund. On or about September 11, 2026 this fund's name changed to Emerging Markets Large Cap Equity II from Emerging Markets Concentrated Equity. On April 24, 2026 the underlying mutual fund (Canada Life Emerging Markets Concentrated Equity Fund) merged into Canada Life Emerging Markets Large Cap Equity Fund and Mackenzie Investments assumed portfolio management responsibilities from Northcape Capital. The performance prior to the above dates were achieved under previous manager and/or investment strategy. No other changes were made to the segregated fund.

Is this fund right for you?

• A person who is investing for the longer term, is seeking the growth potential of companies in the emerging markets and is comfortable with moderate to high 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)

Growth of $10,000 (since inception)

Fund details (as of June 30, 2026)

Understanding returns

Annual compound returns (%)

Calendar year returns (%)

Range of returns over five years (July 01, 2019 - August 31, 2026)