Balanced funds mix equities and fixed income securities to balance the aim of achieving higher returns against the risk of losing money. They tend to have more risk than fixed income funds, but less risk than pure equity funds.

Balanced funds you can choose from
Fund name	What it invests in	Fund objectives	Ideal investor
Canada Life Global Monthly Income Fund	Primarily in fixed income and/or income-oriented equities of issuers anywhere in the world	Current income with the potential for long-term capital growth	Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Canada Life Global Balanced Fund	Primarily a combination of equities and fixed income securities of issuers anywhere in the world	Capital growth and current income	Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Mackenzie Strategic Income Fund	Primarily in fixed income and/or income-oriented equities issued anywhere in the world	Income and long-term capital growth	Medium-term investors who can handle the volatility of stock and bond markets and have a low to medium risk tolerance
Canada Life Income Fund	Primarily Canadian government debt obligations and investment grade corporate bonds and, to a lesser extent, in Canadian equity securities	Current income and moderate capital growth	Medium-term investors who can handle the volatility of stock and bond markets and have a low risk tolerance
Canada Life Growth and Income Fund	Primarily in equities issued by companies around the world and Canadian fixed income and money market securities	Long-term capital growth and income	Long-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Canada Life Monthly Income Fund	Primarily fixed income and/or income-oriented equity investments	Current income with potential long-term capital growth	Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Canada Life Canadian Balanced Fund	Primarily a combination of Canadian equity and fixed-income securities	Capital growth and current income	Medium to long-term investors who can handle stock market volatility and have low to medium risk tolerance
Canada Life Equity Bond Fund	Primarily equity and fixed income securities anywhere in the world	Generate capital appreciation and income	Medium to long-term investors who can handel stock and bond market volatility and have low to medium risk tolerance
Canada Life Balanced Fund	Primarily a combination of Canadian, U.S. and international equity and fixed-income securities	Long-term growth	Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Canada Life Global Fixed Income Balanced Fund	Primarily in equity and fixed income securities located anywhere in the world	Income, preservation of capital and capital growth	Medium to long-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Canada Life Global Value Balanced Fund	Primarily Canadian, U.S. and international equities and fixed-income securities	Enhance long-term capital value	Medium to long-term investors who can handle stock market volaility and have low to medium risk tolerance
Canada Life Global Focused Growth Balanced Fund	Primarily equity and/or fixed income securities anywhere around the world	Capital growth and current income	Medium to long-term investors who can handle stock and bond market volatility and have low to medium risk tolerance
Canada Life Canadian Fixed Income Balanced Fund	Primarily a combination of fixed-income and equity securities of issuers anywhere in the world	A steady flow of income with reasonable safety of capital	Medium-term investors who can handle stock and bond market volatility and have low risk tolerance
Canada Life Global Growth Balanced Fund	Primarily a portfolio of equity and fixed income securities anywhere in the world	Capital growth, current income and preservation of capital	Medium-term investors who can handle stock and bond market volatility and have medium risk tolerance

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Check the historical performance of your specific fund, under Resources, select the first icon
Explore the top holdings of a specific fund, plus it’s risk rating, and asset, geographic and sector allocations, under Resources select the second icon
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Canada Life Mutual Funds and Canada Life Pathways funds available through a mutual fund managed by Mackenzie Financial Corporation offered exclusively through Quadrus Investment Services Ltd. Make your investment decisions wisely. Important information about mutual funds is found in the Fund Facts document. Please read this carefully before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

Balanced funds you can choose from