Universal Life Product Overview & Performance

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Diversified Income

Currently tracking Franklin Quotential Diversified Income Portfolio

February 28, 2026

Fund Overview

High current income and some long-term capital appreciation by investing primarily in a diversified mix of income and bond mutual funds.

Risk Rating

This fund's risk rating is Low

As of February 28, 2026

Asset Allocation (%)

Asset Percent
Canadian Government Bonds 23.6%
Canadian Corporate Bonds 21.9%
US Equity 12.7%
Foreign Bonds - Other 11.1%
Foreign Corporate Bonds 8.2%
Canadian Equity 8.0%
International Equity 6.8%
Cash and Equivalents 4.5%
Foreign Government Bonds 2.4%
Mortgages 0.8%

Sector Allocation (%)

Sector Percent
Fixed Income 72.3%
Exchange Traded Fund 5.6%
Technology 5.1%
Mutual Fund 4.9%
Cash and Cash Equivalent 4.5%
Financial Services 2.7%
Healthcare 1.2%
Consumer Services 1.1%
Energy 1.0%
Other 1.6%

Geographic Allocation (%)

Region Percent
North America 79.4%
Multi-National 10.8%
Asia 2.6%
Europe 2.5%
Latin America 0.5%
Africa and Middle East 0.1%
Other 4.1%

Top 10 Holdings (%)

As of February 28, 2026

Name Percent
Franklin Canadian Core Plus Bd Fd O 30.96%
Franklin Canadian Government Bond Fund O 15.22%
Franklin Global Core Bond Fund ETF Series (FLGA) 10.75%
Franklin Canadian Short Term Bd Fd O 7.17%
Franklin U.S. Core Equity Fund Series O 5.44%
Franklin Brandywine Global Inc Opt Fd O 4.79%
Franklin Brandywine U.S. High Yield Fund Ser O 3.18%
Franklin Canadian Core Equity Fund Series O 2.77%
Franklin FTSE U.S. Index ETF (FLAM) 2.56%
Franklin ClearBridge Canadian Equity Fund O 2.47%

Growth of $10,000

As of February 28, 2026

Period:

For the period 02/29/2016 through 02/28/2026 with $10,000 CAD investment, The value of the investment would be $13,415

Calendar Return (%)

As of February 28, 2026

Period 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 5.85 7.60 7.49 -12.04 1.73 7.18 7.32 -2.70 3.59 1.86

Compound Return (%)

As of February 28, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 1.70 1.72 5.36 6.17 7.26 2.77 3.15
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equation Generation IV (Low Fee) 0.45 % 0.45 %
Equation Generation IV (Bonus) 2.20 % 2.20 %
EquiLife 0.45 % 0.45 %
Equation Generation III 2.75 % 2.75 %

Other Fund Information

Product Availabilty

Equation Generation IV
EquiLife
Equation Generation III

Date of Inception:

June 2008

Estimated Management
Expense Ratio (MER)*:

1.73%

Fund Category

Global Fixed Income Balanced

Portfolio Manager

Franklin Templeton Investments Corp.

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
Diversified Income

Summary

For the period 02/29/2016 through 02/28/2026 with $10,000 CAD investment

Total returns performance

34.15% Up

Value of $10,000 investment

$13,415.18  CAD