Universal Life Product Overview & Performance

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Large Cap Canadian Equity

Currently tracking Dynamic Equity Income Fund

March 31, 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 January 31, 2026

Asset Allocation (%)

Asset Percent
Canadian Equity 77.1%
US Equity 15.9%
Income Trust Units 5.9%
Cash and Equivalents 1.0%
Other 0.1%

Sector Allocation (%)

Sector Percent
Financial Services 40.3%
Energy 14.5%
Consumer Services 10.4%
Industrial Services 10.0%
Basic Materials 6.1%
Real Estate 4.6%
Technology 4.2%
Healthcare 4.0%
Utilities 3.2%
Industrial Goods 2.7%

Geographic Allocation (%)

Region Percent
North America 98.5%
Latin America 1.4%
Multi-National 0.1%

Top 10 Holdings (%)

As of January 31, 2026

Name Percent
Royal Bank of Canada 8.00%
Toronto-Dominion Bank 6.29%
Enbridge Inc 4.08%
Bank of Nova Scotia 3.74%
Canadian Pacific Kansas City Ltd 3.53%
Suncor Energy Inc 3.51%
Brookfield Corp Cl A 3.28%
Canadian Natural Resources Ltd 3.22%
Manulife Financial Corp 3.06%
Canadian National Railway Co 2.73%

Growth of $10,000

As of March 31, 2026

Period:

For the period 03/31/2016 through 03/31/2026 with $10,000 CAD investment, The value of the investment would be $23,813

Calendar Return (%)

As of March 31, 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 March 31, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund -2.94 1.29 5.02 15.37 11.04 8.82 8.53
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)*:

2.15%

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 03/31/2016 through 03/31/2026 with $10,000 CAD investment

Total returns performance

138.13% Up

Value of $10,000 investment

$23,813.47  CAD