Universal Life Product Overview & Performance

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Large Cap Canadian Equity

Currently tracking Dynamic Equity Income Fund

September 30, 2026

Fund Overview

The underlying fund objective is to seek to achieve high income and long-term growth of capital by investing primarily in equity securities that pay a dividend or distribution.

Risk Rating

This fund's risk rating is Low to Medium

As of July 31, 2026

Asset Allocation (%)

Asset Percent
Canadian Equity 77.5%
US Equity 15.1%
Income Trust Units 5.5%
Cash and Equivalents 1.8%
Other 0.1%

Sector Allocation (%)

Sector Percent
Financial Services 36.3%
Energy 15.1%
Industrial Services 9.5%
Consumer Services 9.5%
Basic Materials 8.2%
Real Estate 5.0%
Healthcare 4.5%
Technology 3.9%
Utilities 3.1%
Other 5.0%

Geographic Allocation (%)

Region Percent
North America 98.8%
Latin America 1.2%
Multi-National 0.1%

Top 10 Holdings (%)

As of July 31, 2026

Name Percent
Royal Bank of Canada 8.88%
Toronto-Dominion Bank 6.60%
Enbridge Inc 3.85%
Suncor Energy Inc 3.70%
Canadian Natural Resources Ltd 3.52%
Bank of Nova Scotia 3.25%
Canadian Pacific Kansas City Ltd 3.13%
Manulife Financial Corp 2.87%
Brookfield Corp Cl A 2.74%
Canadian National Railway Co 2.68%

Growth of $10,000

As of September 30, 2026

Period:

For the period 09/30/2016 through 09/30/2026 with $10,000 CAD investment, The value of the investment would be $23,320

Calendar Return (%)

As of September 30, 2026

Period 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 14.15 14.21 5.60 -4.53 21.60 1.10 20.68 -4.94 11.14 13.81

Compound Return (%)

As of September 30, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund -2.30 0.31 8.56 14.01 15.68 9.32 8.80
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equitable Generations 0.00 % 0.00 %
Equation Generation IV (Low Fee) 0.00 % 0.00 %
Equation Generation IV (Bonus) 1.75 % 1.75 %
EquiLife 0.00 % 0.00 %
Equation Generation III 2.75 % 2.75 %

Other Fund Information

Product Availabilty

Equitable Generations™
Equation Generation IV
EquiLife
Equation Generation III

Date of Inception:

January 1968

Estimated Management
Expense Ratio (MER)*:

2.13%

Fund Category

Canadian Dividend & Income Equity

Portfolio Manager

1832 Asset Management L.P.

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
Large Cap Canadian Equity

Summary

For the period 09/30/2016 through 09/30/2026 with $10,000 CAD investment

Total returns performance

133.20% Up

Value of $10,000 investment

$23,320.02  CAD