Universal Life Product Overview & Performance

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Global Balanced

Currently tracking Mackenzie Ivy Global Balanced Fund

March 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 January 31, 2026

Asset Allocation (%)

Asset Percent
US Equity 47.4%
International Equity 24.1%
Foreign Government Bonds 15.6%
Cash and Equivalents 3.8%
Canadian Equity 2.4%
Foreign Corporate Bonds 2.4%
Canadian Corporate Bonds 2.0%
Canadian Government Bonds 1.6%
Foreign Bonds - Funds 0.7%

Sector Allocation (%)

Sector Percent
Fixed Income 22.4%
Consumer Services 14.2%
Technology 12.7%
Healthcare 12.4%
Financial Services 12.3%
Consumer Goods 8.9%
Industrial Goods 6.9%
Industrial Services 5.2%
Cash and Cash Equivalent 3.8%
Basic Materials 1.2%

Geographic Allocation (%)

Region Percent
North America 64.3%
Europe 25.3%
Asia 6.1%
Latin America 2.0%
Multi-National 0.9%
Other 1.4%

Top 10 Holdings (%)

As of January 31, 2026

Name Percent
Cash and Cash Equivalents 3.49%
Johnson & Johnson 3.40%
Microsoft Corp 2.96%
Halma PLC 2.85%
Danaher Corp 2.76%
Amazon.com Inc 2.69%
Colgate-Palmolive Co 2.65%
Alphabet Inc Cl A 2.59%
Brookfield Corp Cl A 2.42%
Berkshire Hathaway Inc Cl B 2.38%

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 $16,759

Calendar Return (%)

As of March 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 March 31, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund -5.16 -4.22 -3.77 -0.81 7.22 4.41 5.03
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

Performance Chart

Period:
Global Balanced

Summary

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

Total returns performance

67.59% Up

Value of $10,000 investment

$16,759.39  CAD