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Canada Life Mutual Funds

Invest with confidence

Choose investments that help you balance risk and long-term returns so you can reach your goals. 

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A mutual fund family you can be confident in

Canada Life has been supporting Canadians for more than 170 years and we’re proud that more than one-third of all Canadians trust us to provide for their insurance and investment needs. 

Canada Life Mutual Funds provide you with a variety of competitive funds and types of investments to help you meet your goals. They allow you to access different management styles and invest in different sectors, countries and types of holdings. This can help you and your advisor balance risk and long-term returns. 

Canada Life Mutual Funds are managed by Mackenzie Financial Corporation offered exclusively through Quadrus Investment Services Ltd.

Benefits of Canada Life Mutual Funds

  • Opportunity

    Invest your money through the financial markets and capture opportunities that come with different sectors and asset classes.

  • Professional management

    Reap the benefits of our investment managers' extensive experience and deep research when it comes to choosing your investments.

  • Choice

    You can choose registered or non-registered mutual fund accounts to fit your investment needs and goals.

Types of Canada Life Mutual Funds

One of the easiest ways to classify investments is by asset class. An asset class is a group of investments which have similar characteristics and behave similarly in the marketplace. Each asset class performs a specific function within a portfolio. Historically, they’ve had different rates of return and risk. 

Asset class
Investment mix
Fund performance
Folio funds
A diversified mix of fixed income and/or equity securities. As the investments are typically in underlying funds, these will also be diversified by investment style, geography and investments within fixed income and equity asset classes.
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Fixed income funds
Generally government or corporate bonds
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Balanced funds
A mix of equities and fixed income securities to balance the aim of achieving higher returns against the risk of losing money.
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Canadian equity funds
Investing primarily in publicly traded equity issues of Canadian companies with above average growth potential.
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U.S. equity funds
Investing primarily in a broad range of U.S. equity securities.
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Global and regional equity funds
Mostly stocks from companies around the globe or in specific regions of the world
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Sector equity funds
Primarily in stocks from companies in a particular industry or sector of the economy
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Canada Life Mutual Funds investment managers

It’s important to know who’s managing your money. Canada Life Mutual Fund investment managers are regularly reviewed and monitored for corporate structure, compliance processes, investment style and risk and investment performance. 

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Talk to an advisor to start investing today.

Detailed fund information

Get legal and regulatory disclosure documents about Canada Life Mutual Funds. Your advisor can help you understand what this information means.