Universal Life Product Overview & Performance

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Global Balanced

Currently tracking Mackenzie Ivy Global Balanced Fund

July 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 May 31, 2025

Asset Allocation (%)

Asset Percent
US Equity 47.9%
International Equity 25.1%
Foreign Government Bonds 16.6%
Cash and Equivalents 2.8%
Foreign Corporate Bonds 2.8%
Canadian Equity 2.4%
Canadian Corporate Bonds 1.0%
Canadian Government Bonds 0.7%
Foreign Bonds - Funds 0.4%
Canadian Bonds - Funds 0.3%

Sector Allocation (%)

Sector Percent
Fixed Income 21.9%
Technology 15.4%
Healthcare 14.8%
Financial Services 13.2%
Consumer Services 12.6%
Consumer Goods 8.9%
Industrial Goods 5.5%
Industrial Services 4.9%
Cash and Cash Equivalent 2.8%

Geographic Allocation (%)

Region Percent
North America 66.2%
Europe 27.5%
Asia 4.2%
Latin America 1.1%
Multi-National 0.4%
Other 0.6%

Top 10 Holdings (%)

As of May 31, 2025

Name Percent
Microsoft Corp 3.16%
Alphabet Inc Cl A 2.91%
Danaher Corp 2.71%
Johnson & Johnson 2.65%
Halma PLC 2.63%
Berkshire Hathaway Inc Cl B 2.49%
Cash and Cash Equivalents 2.38%
Brookfield Corp Cl A 2.33%
Colgate-Palmolive Co 2.32%
Marsh & McLennan Cos Inc 2.27%

Growth of $10,000

As of July 31, 2025

Period:

For the period 07/31/2015 through 07/31/2025 with $10,000 CAD investment, The value of the investment would be $17,334

Calendar Return (%)

As of July 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 July 31, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 0.36 3.57 -1.27 7.89 9.95 6.03 5.18
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)*:

2.32%

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: High

Performance Chart

Period:
Global Balanced

Summary

For the period 07/31/2015 through 07/31/2025 with $10,000 CAD investment

Total returns performance

73.34% Up

Value of $10,000 investment

$17,334.14  CAD