Universal Life Product Overview & Performance

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Global Balanced

Currently tracking Mackenzie Ivy Global Balanced Fund

March 31, 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 January 31, 2025

Asset Allocation (%)

Asset Percent
US Equity 49.2%
International Equity 26.5%
Foreign Government Bonds 12.1%
Foreign Corporate Bonds 4.8%
Canadian Corporate Bonds 3.2%
Canadian Equity 2.8%
Cash and Equivalents 1.1%
Canadian Government Bonds 0.2%
Foreign Bonds - Other 0.1%

Sector Allocation (%)

Sector Percent
Fixed Income 20.8%
Financial Services 15.5%
Technology 15.4%
Healthcare 14.4%
Consumer Goods 9.7%
Consumer Services 9.1%
Industrial Services 7.3%
Industrial Goods 6.3%
Cash and Cash Equivalent 1.1%
Other 0.4%

Geographic Allocation (%)

Region Percent
North America 68.2%
Europe 27.4%
Asia 3.6%
Latin America 0.3%
Africa and Middle East 0.1%
Other 0.4%

Top 10 Holdings (%)

As of January 31, 2025

Name Percent
Berkshire Hathaway Inc Cl B 3.17%
Alphabet Inc Cl A 3.00%
Abbott Laboratories 2.92%
Johnson & Johnson 2.71%
Compass Group PLC 2.69%
Halma PLC 2.62%
Automatic Data Processing Inc 2.58%
Brookfield Corp Cl A 2.55%
Microsoft Corp 2.50%
Deutsche Boerse AG Cl N 2.46%

Growth of $10,000

As of March 31, 2025

Period:

For the period 03/31/2015 through 03/31/2025 with $10,000 CAD investment, The value of the investment would be $16,666

Calendar Return (%)

As of March 31, 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 March 31, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund -2.57 2.27 4.16 12.41 8.13 8.57 5.35
Product Current annual LIO admin fee Maximum annual LIO admin fee
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

Equation Generation IV
EquiLife
Equation Generation III

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: Long

Credit Rating: Med

Performance Chart

Period:
Global Balanced

Summary

For the period 03/31/2015 through 03/31/2025 with $10,000 CAD investment

Total returns performance

66.66% Up

Value of $10,000 investment

$16,665.67  CAD