Universal Life Product Overview & Performance

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Global Equity Balanced

Currently tracking Mackenzie Ivy Global Balanced Fund

November 30, 2025

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 September 30, 2025

Asset Allocation (%)

Asset Percent
US Equity 47.6%
International Equity 25.1%
Foreign Government Bonds 18.2%
Canadian Equity 2.4%
Foreign Corporate Bonds 2.2%
Canadian Corporate Bonds 1.5%
Cash and Equivalents 1.5%
Canadian Government Bonds 0.9%
Canadian Bonds - Funds 0.3%
Foreign Bonds - Funds 0.3%

Sector Allocation (%)

Sector Percent
Fixed Income 23.4%
Healthcare 15.0%
Technology 14.3%
Consumer Services 13.4%
Financial Services 12.8%
Consumer Goods 8.1%
Industrial Goods 5.6%
Industrial Services 4.9%
Cash and Cash Equivalent 1.5%
Basic Materials 1.0%

Geographic Allocation (%)

Region Percent
North America 67.5%
Europe 26.7%
Asia 3.2%
Latin America 1.6%
Africa and Middle East 0.5%
Multi-National 0.3%
Other 0.2%

Top 10 Holdings (%)

As of September 30, 2025

Name Percent
Microsoft Corp 3.55%
Alphabet Inc Cl A 3.53%
United States Treasury 4.25% 15-May-2035 3.17%
Johnson & Johnson 3.16%
Danaher Corp 2.82%
Halma PLC 2.72%
Berkshire Hathaway Inc Cl B 2.48%
Amazon.com Inc 2.46%
Brookfield Corp Cl A 2.41%
Marsh & McLennan Cos Inc 2.32%

Growth of $10,000

As of November 30, 2025

Period:

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment, The value of the investment would be $17,723

Calendar Return (%)

As of November 30, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 16.38 9.45 -10.23 6.47 9.93 10.13 -0.05 5.39 4.03 10.88

Compound Return (%)

As of November 30, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 1.46 2.71 5.19 6.00 10.26 5.74 5.71
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

Fixed Income

Duration: Mid

Credit Rating: Med

Performance Chart

Period:
Global Equity Balanced

Summary

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment

Total returns performance

77.23% Up

Value of $10,000 investment

$17,723.09  CAD