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GWL Strategic Income NL
Canadian Neutral Balanced
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FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2025
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|
NAVPS (06-18-2026) |
$552.17 |
|---|---|
| Change |
$0.81
(0.15%)
|
As at May 31, 2026
As at March 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 12, 2000): 4.05%
| 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 | 2.15% | 1.23% | 5.17% | 5.47% | 13.49% | 11.88% | 10.97% | 7.69% | 6.32% | 8.74% | 7.39% | 5.55% | 5.24% | 5.36% |
| Benchmark | 2.02% | 0.78% | 6.74% | 6.61% | 20.17% | 17.85% | 15.09% | 10.87% | 8.70% | 10.00% | 8.86% | 8.38% | 7.86% | 7.88% |
| Category Average | 2.32% | 1.65% | 5.51% | 5.77% | 14.27% | 12.42% | 11.61% | 8.40% | 6.40% | 7.86% | 6.84% | 6.29% | 5.82% | 5.98% |
| Category Rank | 795 / 1,033 | 673 / 1,033 | 483 / 1,031 | 541 / 1,031 | 598 / 1,030 | 579 / 1,008 | 592 / 983 | 639 / 973 | 460 / 967 | 213 / 965 | 259 / 922 | 408 / 737 | 354 / 708 | 358 / 701 |
| Quartile Ranking | 4 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 3 | 2 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.47% | 0.79% | 1.44% | 2.91% | -0.04% | 1.12% | -0.29% | 0.76% | 3.41% | -2.93% | 2.09% | 2.15% |
| Benchmark | 1.62% | 0.59% | 2.90% | 3.78% | 0.87% | 2.24% | 0.12% | 0.74% | 5.01% | -3.27% | 2.12% | 2.02% |
Best Monthly Return Since Inception
7.92% (April 2020)
Worst Monthly Return Since Inception
-10.72% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.31% | 4.98% | -9.80% | 9.85% | 9.22% | 13.83% | -8.36% | 6.66% | 11.36% | 10.43% |
| Benchmark | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% | 17.74% |
| Category Average | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% | 11.06% |
| Quartile Ranking | 4 | 2 | 4 | 4 | 1 | 1 | 2 | 4 | 3 | 3 |
| Category Rank | 616/ 669 | 347/ 702 | 678/ 714 | 834/ 918 | 118/ 964 | 118/ 967 | 266/ 973 | 840/ 975 | 574/ 1,008 | 588/ 1,030 |
Best Calendar Return (Last 10 years)
13.83% (2021)
Worst Calendar Return (Last 10 years)
-9.80% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 29.41 |
| Foreign Corporate Bonds | 20.83 |
| US Equity | 15.69 |
| Canadian Corporate Bonds | 12.53 |
| International Equity | 8.23 |
| Other | 13.31 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 41.31 |
| Financial Services | 13.01 |
| Energy | 7.86 |
| Technology | 7.51 |
| Basic Materials | 6.56 |
| Other | 23.75 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 88.99 |
| Europe | 6.27 |
| Asia | 3.05 |
| Latin America | 0.46 |
| Africa and Middle East | 0.08 |
| Other | 1.15 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Jun-2035 | 3.73 |
| Royal Bank of Canada | 2.36 |
| Canada Government 2.75% 01-Dec-2055 | 2.19 |
| Agnico Eagle Mines Ltd | 2.14 |
| Canadian Natural Resources Ltd | 1.55 |
| Manulife Financial Corp | 1.53 |
| Toronto-Dominion Bank | 1.48 |
| OVERNIGHT DEPOSITS | 1.38 |
| NVIDIA Corp | 1.18 |
| Apple Inc | 1.17 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
GWL Strategic Income NL
Median
Other - Canadian Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.26% | 7.50% | 8.41% |
|---|---|---|---|
| Beta | 0.79 | 0.82 | 0.94 |
| Alpha | -0.01 | -0.01 | -0.02 |
| Rsquared | 0.91% | 0.91% | 0.89% |
| Sharpe | 1.13 | 0.47 | 0.44 |
| Sortino | 2.24 | 0.68 | 0.43 |
| Treynor | 0.09 | 0.04 | 0.04 |
| 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 | 5.78% | 6.26% | 7.50% | 8.41% |
| Beta | 0.77 | 0.79 | 0.82 | 0.94 |
| Alpha | -0.02 | -0.01 | -0.01 | -0.02 |
| Rsquared | 0.92% | 0.91% | 0.91% | 0.89% |
| Sharpe | 1.82 | 1.13 | 0.47 | 0.44 |
| Sortino | 3.05 | 2.24 | 0.68 | 0.43 |
| Treynor | 0.14 | 0.09 | 0.04 | 0.04 |
| 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) | $278 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CLGTO053 |
Investment Objectives
This Fund may also hold short-term securities and cash, depending on market conditions. The Fund invests primarily in a combination of Canadian common shares, bonds and debentures to provide a portfolio of diversified investments which emphasizes long-term growth while also providing a source of income.
Investment Strategy
This segregated fund invests primarily in Canadian fixed income securities and stocks with exposure to foreign 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 | 2.56% |
|---|---|
| Management Fee | 2.60% |
| 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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