Universal Life Product Overview & Performance

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Global Equity Balanced

Currently tracking Mackenzie Ivy Global Balanced Fund

May 31, 2026

Fund Overview

The underlying fund objective is to seek capital growth and current income by investing primarily in a combination of equity and fixed-income securities of issuers located anywhere in the world.

Risk Rating

This fund's risk rating is Low to Medium

As of March 31, 2026

Asset Allocation (%)

Asset Percent
US Equity 48.8%
International Equity 25.7%
Foreign Government Bonds 14.5%
Foreign Corporate Bonds 5.4%
Canadian Equity 2.6%
Canadian Corporate Bonds 1.5%
Cash and Equivalents 0.8%
Foreign Bonds - Funds 0.5%
Canadian Government Bonds 0.1%
Foreign Bonds - Other 0.1%

Sector Allocation (%)

Sector Percent
Fixed Income 22.2%
Consumer Services 15.3%
Financial Services 13.7%
Healthcare 12.4%
Technology 12.3%
Consumer Goods 8.6%
Industrial Goods 7.2%
Industrial Services 5.6%
Basic Materials 1.9%
Cash and Cash Equivalent 0.8%

Geographic Allocation (%)

Region Percent
North America 62.1%
Europe 25.9%
Asia 6.2%
Latin America 3.0%
Multi-National 0.7%
Africa and Middle East 0.2%
Other 1.9%

Top 10 Holdings (%)

As of March 31, 2026

Name Percent
Microsoft Corp 3.24%
Johnson & Johnson 2.92%
Danaher Corp 2.68%
Berkshire Hathaway Inc Cl B 2.65%
Amazon.com Inc 2.62%
Compass Group PLC 2.59%
Marsh & McLennan Cos Inc 2.47%
Union Pacific Corp 2.47%
Alphabet Inc Cl A 2.46%
Brookfield Corp Cl A 2.40%

Growth of $10,000

As of May 31, 2026

Period:

For the period 05/31/2016 through 05/31/2026 with $10,000 CAD investment, The value of the investment would be $17,365

Calendar Return (%)

As of May 31, 2026

Period 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 5.91 16.38 9.45 -10.23 6.47 9.93 10.13 -0.05 5.39 4.03

Compound Return (%)

As of May 31, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 1.92 -1.52 -1.69 3.42 8.30 4.91 5.34
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equitable Generations 0.00 % 0.00 %

Other Fund Information

Product Availabilty

Equitable Generations™

Date of Inception:

November 1993

Estimated Management
Expense Ratio (MER)*:

2.33%

Fund Category

Global Equity Balanced

Portfolio Manager

Mackenzie Financial Corporation

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
Global Equity Balanced

Summary

For the period 05/31/2016 through 05/31/2026 with $10,000 CAD investment

Total returns performance

73.65% Up

Value of $10,000 investment

$17,364.77  CAD