Fund overview & performance

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Canada Life Mutual Funds

CL Canadian Growth II 100/100 (GN2)†

September 30, 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 July 31, 2026)

Asset allocation (%)
Name Percent
Canadian Equity 97.0
US Equity 1.9
Cash and Equivalents 0.6
Income Trust Units 0.5
Geographic allocation (%)
Name Percent
Canada 98.1
United States 1.9
Sector allocation (%)
Name Percent
Financial Services 35.1
Energy 17.3
Basic Materials 13.0
Industrial Services 8.7
Consumer Services 6.7
Technology 5.7
Utilities 5.1
Industrial Goods 3.5
Real Estate 1.4
Other 3.5

Growth of $10,000 (since inception)

Period:

For the period 12/03/2007 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $30,775

Fund details

As of July 31, 2026
Top holdings (%)
Top holdings Percent (%)
Royal Bank of Canada 10.0
Toronto-Dominion Bank 7.2
Bank of Montreal 4.1
Shopify Inc Cl A 3.4
Enbridge Inc 3.4
Canadian Imperial Bank of Commerce 3.3
Brookfield Corp Cl A 3.0
Canadian Pacific Kansas City Ltd 3.0
Canadian Natural Resources Ltd 2.9
Canadian National Railway Co 2.7
Total allocation in top holdings 43.0
As of July 31, 2026
Portfolio characteristics
Portfolio characteristics Value
Standard deviation 10.26%
Dividend yield 1.87%
Yield to maturity -
Duration (years) -
Coupon -
Average credit rating Not rated
Average market cap (million) $129,153.3

Understanding returns

Annual compound returns (%)

Short term
1 MO 3 MO YTD 1 YR
-2.53 10.39 12.39 17.04
Long term
3 YR 5 YR 10 YR INCEPTION
21.60 14.36 9.13 6.15

Calendar year returns (%)

2025 - 2022
2025 2024 2023 2022
19.75 24.90 14.97 -5.78
2021 - 2018
2021 2020 2019 2018
20.07 3.42 14.68 -11.81

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
Period:
Chart type:
* Must be between 1 and 50
CL Canadian Growth II 100/100 (GN2)†

CL Canadian Growth II 100/100 (GN2)†

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