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By Canada Life | Feb. 6, 2026

Our fund shelves continue to shine. At this year’s annual Evening of Excellence held by Fundata Canada Inc. on Feb. 5, 4 Canada Life Investment Management Ltd. mutual funds and Canada Life 34 segregated funds won a 2025 FundGrade A+® award. 

The FundGrade A+ award is a widely recognized distinction in the Canadian investment funds industry. It's given annually to investment funds that show consistent, outstanding, risk-adjusted performance throughout the year. This achievement shows the ongoing strength of our wealth shelves.  

“We’re extremely honoured and proud to once again be recognized at the Fundata FundGrade A+® awards for four mutual funds and 34 segregated funds – some of which have been acknowledged for several years in a row. This achievement reflects the strength of our investment teams, the sub-advisors on our shelf and our commitment to helping advisors and their clients achieve their goals. I would also like to congratulate all the other winning fund companies, and particularly Value Partners Investments, whose fund has been recognized with exceptional performance for several years in a row.” – Sam Febbraro, Senior Vice-President, Wealth Solutions, Canada Life and President and Chief Executive Officer, Canada Life Investment Management Ltd.

Congratulations to the investment teams that manage these distinguished funds. Reach out to your Canada Life business development team or your advisor for more information about these award-winning mandates.  

Award winning funds
Mutual funds

Fund name
CIFSC category 
Fund Grade start date 

Fund count 

1-year return

3-year return

5-year return

10-year return

 Total return since inception 
Inception date 
Counsel Canadian Growth
Canadian Equity

Dec. 31, 2015

166

22.64

18.32

13.66

 11.23

9.26

Jan. 14, 2009
Counsel Multi-Factor
Canadian Equity 		Canadian
Equity 		Dec. 31, 2019 166

27.86

20.69

17.10

N/A

13.32

Nov. 1, 2019
Counsel U.S.
Growth
U.S. Equity
Dec. 31, 2015

256

5.31

 31.35

13.30

14.29 

14.98

Jan. 14, 2009
Canada Life
Emerging
Markets
Large Cap
Equity
Fund

Emerging Markets Equity

Dec. 31, 2018

73

28.42

20.08

8.07

N/A 

10.03

Oct. 22, 2018

All performance data is as at Dec. 31, 2025. Performance reflects Series A of the respective Mutual Funds, except Counsel Multi-Factor Canadian Equity which reflects Series O.

Segregated funds

Fund name
CIFSC
category
Fund-grade
start date 		Fund
count

1-year
return

3-year
return

5-year
return

10-year
return

 Total return 
since
inception  		Inception date 

Risk-Managed
Conser-
vative
Income
Portfolio
Global Fixed
Income Balanced

Dec. 31, 2020

70

5.91

7.22

2.72

N/A

2.97

Nov. 4, 2020
Risk-Managed
Balanced
Portfolio
Global
Neutral
Balanced

Dec. 31, 2020

 149

8.58

9.46

4.76

 N/A

5.08

Nov. 4, 2020
Risk-Managed
Growth
Portfolio
Global Equity Balanced
Dec. 31, 2020

143

11.46

13.10

7.15

N/A 

7.60

Nov. 4, 2020
Index ETF Balanced Portfolio

Canadian Neutral Balanced

 Dec. 31, 2022 149 11.60 11.50 N/A N/A

12.02

Oct. 24, 2022
Index ETF
Growth Portfolio 		Global Equity Balanced

Dec. 31, 2022

143

15.19

14.88

N/A

N/A 

15.31

Oct. 24, 2022
U.S. All Cap
Growth

U.S. Equity

Dec. 31, 2015

100

5.29

27.30

12.05

 14.73

14.81

Oct. 5, 2009

American Growth

U.S. Equity

Dec. 31, 2015

100

9.72

20.58

13.66

13.66 

14.68

Oct. 5, 2009

Emerging Markets Equity

Emerging Markets Equity

Dec. 31, 2015

15

27.39

19.18

7.99

7.81

7.26

Oct. 19, 2015
Canadian Focused Premier Growth

Canadian Focused Equity

Dec. 31, 2015

60

20.35

20.40

14.81

8.54 

8.28

Oct. 5, 2009
Mackenzie Moderate Income Canadian Fixed Income Balanced

Dec. 31, 2015

53

6.97

7.26

2.71

3.32 

3.47

Oct. 5, 2009
Canadian Neutral Balanced Canadian Neutral Balanced

Dec. 31, 2015

95

9.98

9.93

5.38

5.43 

5.49

 Oct. 5, 2009
Short-Term Bond Canadian Short Term Fixed Income

Dec. 31, 2015 

15

2.68

3.85

0.85

0.95

0.98

July 8, 2013
EAFE Equity Internat-ional
Equity

Dec. 31, 2015

45

28.16

16.83

8.59

5.93 

6.81

Jan. 12, 2015
Canadian Tactical Bond Canadian Core Plus Fixed Income

Dec. 31, 2019

 12

1.18

3.22

-1.67

N/A 

-0.23

Nov. 4, 2019
Canadian Stock Balanced Canadian Equity Balanced Dec. 31, 2019 70

10.67

11.34

8.21

N/A 

6.59

Nov. 4, 2019
Canadian Low Volatility Canadian Equity Dec. 31, 2019 65 19.47 15.03 11.97 N/A 8.96 Nov. 4, 2019
Fidelity Global Balanced Portfolio Global Neutral Balanced Dec. 31, 2020

149

11.88

13.20

6.39

N/A 

7.88

May 11, 2020
Fidelity Global Income Portfolio Global Fixed Income Balanced Dec. 31, 2020 70 8.80 9.35 4.18 N/A

5.07

 May 11, 2020
Fidelity Global Equity Global Equity Dec. 31, 2015

141

 10.84

16.41

 5.69 N/A 9.58

May 11, 2020
Fidelity Moderate Income Canadian Fixed Income Balanced Dec. 31, 2015 53 6.50

7.66

 2.53 3.36 3.78 Oct. 5, 2009
Fidelity Balanced Canadian Neutral Balanced Dec. 31, 2015 95 10.54 11.25 5.89 5.58

5.52

 Oct. 5, 2009
Fidelity True North Canadian Equity Dec. 31, 2015 65 21.74 15.28 11.93

9.04

 8.26 Oct. 5, 2009
Fidelity NorthStar Global Small/Mid Cap Equity Dec. 31, 2015 11

11.99

 15.07 8.58

5.83

8.79

Oct. 5, 2009
Canadian Dividend * Canadian Dividend & Income Equity Dec. 31, 2015

31

19.39

13.06

11.92

 8.60

7.12

Oct. 5, 2009
U.S. Dividend * U.S. Dividend & Income Equity

Dec. 31, 2015

6

 8.28

16.11

12.51

10.47

12.12

July 8, 2013
Strategic Income * Canadian Neutral Balanced

Dec. 31, 2015

 95 10.43

9.47

6.47

4.89

4.90

Oct. 5, 2009
Canadian Premier Balanced *

Canadian Equity Balanced

Dec. 31, 2015

70

10.55

12.05

9.02

6.73

6.32

Oct. 5, 2009
Mackenzie Balanced * Global Neutral Balanced Dec. 31, 2015

149

 9.66 9.57 5.28

5.36

5.05

Oct. 5, 2009
Balanced Income * Canadian Neutral Balanced Dec. 31, 2015 95 11.50

10.52

5.19

5.05

5.23

Oct. 5, 2009
Canadian Corporate Bond * Canadian Corporate Fixed Income

Dec. 31, 2015

6

2.73

4.88

-0.25

1.22

1.40

July 8, 2013
Moderate Profile ** Global Fixed Income Balanced Dec. 31, 2015

70

6.38

7.10

3.13

3.03

3.46

Oct. 5, 2009
European Equity **

European Equity

Dec. 31, 2015

6

14.67

14.27

7.02

3.42

5.19

Oct. 5, 2009
Global
Infra-
structure ** 		Global Infra-
structure
Equity 		Dec. 31, 2015 9

15.72

12.25

9.32

5.58

5.95

Oct. 5, 2009
Fidelity Tactical Asset Allocation Income ** Global Fixed Income Balanced

Dec. 31, 2015

70

7.96

8.01

2.89

3.45

3.75

Oct. 5, 2009
Canada Life segregated fund originally with Great West Life  Canada Life segregated fund originally with London Life  All performance data is as at Dec. 31, 2025.
Performance reflects Standard Series 75/75 of the respective Segregated Funds
The FundGrade calculation date for the awards is as at Dec.31, 2025

Some of the awarded segregated funds are former Great-West Life or London Life funds; however, these mandates are on the Canada Life segregated fund shelf as well. As of Jan. 1, 2020, The Great-West Life Assurance Company, London Life Insurance Company, and The Canada Life Assurance Company became one company – The Canada Life Assurance Company. As a result, all segregated fund policies and contracts that were with Great-West Life or London Life are now with Canada Life.   

About Fundata Canada Inc.

Fundata Canada Inc. has been providing data aggregation and dissemination services to the Canadian media and financial marketplace since 1987. Fundata is a major provider in the distribution of fund and stock information in Canada.

 About the Fundata FundGrade A+ Rating

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata. FundGrade ratings are subject to change every month.

Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value. A description of the key features of Canada Life's individual variable insurance contract is contained in the information folder, available from your advisor. The indicated rates of return for one, three, five and 10 years are annual compounded returns for the period ending Dec. 31, 2025, including changes in the unit values. The rates of return are net investment management fees and operating fees, but do not take into account redemption fees or other applicable charges payable by the policyowner. Please note that unit values and investment will fluctuate and past performance is not necessarily indicative of future performance. 

Canada Life Mutual Funds and Counsel Portfolios are managed by Canada Life Investment Management Ltd. They are distributed by Quadrus Investment Services Ltd., IPC Investment Corporation, and IPC Securities Corporation, and may also be available through other authorized dealers in Canada. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution, or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Canada Life and design, Canada Life Investment Management and design, and other marks followed by the TM symbol at first time of use are trademarks of The Canada Life Assurance Company (“Canada Life”). Other marks displayed in this piece are trademarks of a third party, and used with permission or under license. Canada Life Investment Management Ltd. is a wholly owned indirect subsidiary of Canada Life.