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GWL Canadian Dividend NL
Canadian Div & Inc Equity
Click for more information on Fundata’s FundGrade
FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2025
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|
NAVPS (08-04-2026) |
$958.08 |
|---|---|
| Change |
$9.46
(1.00%)
|
As at June 30, 2026
As at April 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (December 12, 2000): 6.21%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.75% | 7.37% | 13.92% | 13.92% | 26.86% | 22.72% | 17.20% | 13.87% | 11.52% | 14.41% | 10.40% | 9.68% | 9.10% | 9.32% |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 1.43% | 7.80% | 12.95% | 12.95% | 25.48% | 22.61% | 17.43% | 14.19% | 11.71% | 14.99% | 11.30% | 10.42% | 9.83% | 9.91% |
| Category Rank | 163 / 303 | 172 / 297 | 140 / 289 | 140 / 289 | 148 / 288 | 146 / 285 | 124 / 275 | 121 / 273 | 115 / 267 | 139 / 267 | 155 / 240 | 79 / 184 | 74 / 172 | 67 / 171 |
| Quartile Ranking | 3 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 2 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.65% | 3.07% | 4.19% | -0.62% | 2.77% | 0.88% | 1.96% | 7.50% | -3.20% | 3.33% | 3.15% | 0.75% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
12.43% (April 2009)
Worst Monthly Return Since Inception
-15.31% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 16.48% | 7.32% | -8.95% | 18.95% | -4.41% | 24.75% | -2.58% | 5.83% | 14.37% | 19.39% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 17.48% | 7.25% | -7.75% | 18.42% | -1.18% | 26.41% | -3.72% | 7.17% | 15.51% | 19.73% |
| Quartile Ranking | 3 | 2 | 2 | 2 | 4 | 4 | 2 | 3 | 2 | 3 |
| Category Rank | 97/ 163 | 76/ 171 | 85/ 172 | 78/ 232 | 212/ 267 | 207/ 267 | 90/ 273 | 145/ 275 | 140/ 285 | 167/ 288 |
Best Calendar Return (Last 10 years)
24.75% (2021)
Worst Calendar Return (Last 10 years)
-8.95% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 86.41 |
| US Equity | 7.68 |
| Income Trust Units | 2.95 |
| International Equity | 2.04 |
| Cash and Equivalents | 0.92 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 31.65 |
| Energy | 19.29 |
| Basic Materials | 14.40 |
| Industrial Services | 7.67 |
| Utilities | 4.98 |
| Other | 22.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.12 |
| Europe | 1.48 |
| Latin America | 0.84 |
| Asia | 0.51 |
| Other | 0.05 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada | 8.09 |
| Toronto-Dominion Bank | 5.43 |
| Agnico Eagle Mines Ltd | 4.34 |
| Canadian Natural Resources Ltd | 4.05 |
| Manulife Financial Corp | 4.03 |
| Enbridge Inc | 3.49 |
| Canadian Imperial Bank of Commerce | 3.03 |
| Canadian Pacific Kansas City Ltd | 3.03 |
| Bank of Montreal | 2.85 |
| Intact Financial Corp | 2.52 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
GWL Canadian Dividend NL
Median
Other - Canadian Div & Inc Equity
3 Yr Annualized
| Standard Deviation | 9.55% | 10.99% | 11.72% |
|---|---|---|---|
| Beta | 0.85 | 0.85 | 0.86 |
| Alpha | -0.02 | -0.01 | -0.02 |
| Rsquared | 0.93% | 0.93% | 0.92% |
| Sharpe | 1.35 | 0.78 | 0.66 |
| Sortino | 3.00 | 1.27 | 0.83 |
| Treynor | 0.15 | 0.10 | 0.09 |
| Tax Efficiency | 100.00% | 100.00% | 100.00% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.25% | 9.55% | 10.99% | 11.72% |
| Beta | 0.83 | 0.85 | 0.85 | 0.86 |
| Alpha | 0.00 | -0.02 | -0.01 | -0.02 |
| Rsquared | 0.90% | 0.93% | 0.93% | 0.92% |
| Sharpe | 2.39 | 1.35 | 0.78 | 0.66 |
| Sortino | 6.02 | 3.00 | 1.27 | 0.83 |
| Treynor | 0.27 | 0.15 | 0.10 | 0.09 |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | 100.00% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | December 12, 2000 |
|---|---|
| Instrument Type | Segregated Fund |
| Share Class | - |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | No Distribution |
| Assets ($mil) | $59 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CLGTO062 |
Investment Objectives
The Fund seeks to maximize dividend income consistent with preserving capital and maintaining liquidity by investing primarily in preferred and common shares of Canadian corporations, which the Advisor believes will yield a high level of dividend income. The Fund invests primarily in preferred and common shares of Canadian and foreign companies which will yield high level of dividend income.
Investment Strategy
This segregated fund invests primarily in dividend yielding Canadian stocks.
Portfolio Management
| Portfolio Manager |
Mackenzie Investments |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Canada Life Assurance Co. |
|---|---|
| Custodian |
- |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 300 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 2.71% |
|---|---|
| Management Fee | 2.55% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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