Universal Life Product Overview & Performance

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Canadian

Currently tracking Equitable Balanced
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May 31, 2026

Fund Overview

The objective of the fund seeks long-term capital appreciation and income by investing in a diversified portfolio comprised primarily of fixed income, equity and real estate related investments. The portfolio, at times, may assume limited exposures to commodity related investments or other alternative asset classes.

Risk Rating

This fund's risk rating is Low to Medium

As of May 31, 2026

Asset Allocation (%)

Asset Percent
Canadian Government Bonds 24.8%
US Equity 22.5%
Canadian Equity 21.1%
Canadian Corporate Bonds 13.9%
International Equity 12.2%
Cash and Equivalents 4.5%
Income Trust Units 0.6%
Commodities 0.4%

Sector Allocation (%)

Sector Percent
Fixed Income 46.0%
Financial Services 14.2%
Technology 13.9%
Basic Materials 5.2%
Cash and Cash Equivalent 4.5%
Energy 3.8%
Consumer Services 3.5%
Industrial Goods 3.0%
Consumer Goods 3.0%
Healthcare 2.9%

Geographic Allocation (%)

Region Percent
North America 86.9%
Europe 8.1%
Asia 4.0%
Latin America 0.3%
Africa and Middle East 0.2%
Other 0.5%

Top 10 Holdings (%)

As of May 31, 2026

Name Percent
Equitable Bond Fund 38.72%
BMO S&P 500 Index ETF (ZSP) 16.59%
BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) 11.35%
BMO S&P/TSX Capped Composite Index ETF (ZCN) 11.23%
Invesco QQQ ETF (QQQ) 5.20%
TD Q Canadian Dividend ETF (TQCD) 4.83%
Cash and Cash Equivalents 4.46%
Global X Equal Weight Canadian Bks Ind ETF (HBNK) 3.93%
iShares S&P/TSX Global Gold Index ETF (XGD) 1.12%
BMO MSCI USA High Quality Index ETF (ZUQ) 1.09%

Growth of $10,000

As of May 31, 2026

Period:

For the period 05/31/2016 through 05/31/2026 with $10,000 CAD investment, The value of the investment would be $16,333

Calendar Return (%)

As of May 31, 2026

Period 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 10.33 11.28 8.54 -11.51 9.29 2.69 12.48 -4.97 5.68 3.40

Compound Return (%)

As of May 31, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 3.10 2.31 5.16 15.59 11.04 5.71 4.94

Fees

Product Current annual LIO admin fee Maximum annual LIO admin fee
Equation Generation IV (Low Fee) 0.75 % 0.75 %
Equation Generation IV (Bonus) 1.75 % 1.75 %
EquiLife 0.75 % 0.75 %
Equation Generation III 2.75 % 2.75 %
Equation Generation II 2.75 % 2.75 %

Other Fund Information

Product Availabilty

Equation Generation IV
EquiLife
Equation Generation III
Equation Generation II

Date of Inception:

September 2013

Estimated Management
Expense Ratio (MER)*:

2.50%

Fund Category

Global Neutral Balanced

Portfolio Manager

The Equitable Life Insurance Company of Canada

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Fixed Income

Duration: Mid

Credit Rating: Med

Performance Chart

Period:
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Canadian

Summary

For the period 05/31/2016 through 05/31/2026 with $10,000 CAD investment

Total returns performance

63.33% Up

Value of $10,000 investment

$16,332.88  CAD