Balanced funds
Different funds to achieve unique goals
Whether you want to minimize the impact of taxes, draw an income or something else, you have options with our mutual funds.
What are balanced funds?
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 |
Get mutual fund facts and details
It’s important to make informed financial decisions with the help of your advisor. Through Fundata, you can learn more about our funds with these reports:
- 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
- Access the fund facts for your specific mutual fund with performance history, holdings, risks and costs, under Resources select the third icon
Meet our fund managers
It’s important to know who is managing your money. Our mutual fund managers are regularly reviewed and monitored for corporate structure, compliance processes, investment style and risk and investment performance.
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Explore more types of mutual funds
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.