Universal Life Product Overview & Performance

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Canadian Neutral Portfolio

Currently tracking Equitable Income

November 30, 2025

Fund Overview

The objective of the fund seeks income with capital appreciation and preservation 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 November 30, 2025

Asset Allocation (%)

Asset Percent
Canadian Government Bonds 32.6%
Canadian Equity 23.1%
Canadian Corporate Bonds 22.9%
US Equity 14.8%
International Equity 4.5%
Commodities 1.0%
Cash and Equivalents 0.6%
Income Trust Units 0.5%

Sector Allocation (%)

Sector Percent
Fixed Income 59.5%
Financial Services 12.2%
Technology 9.7%
Basic Materials 7.0%
Energy 2.8%
Consumer Services 2.6%
Consumer Goods 1.8%
Industrial Services 1.6%
Healthcare 1.5%
Industrial Goods 1.3%

Geographic Allocation (%)

Region Percent
North America 94.2%
Europe 2.9%
Asia 1.3%
Africa and Middle East 0.3%
Latin America 0.3%
Other 1.0%

Top 10 Holdings (%)

As of November 30, 2025

Name Percent
Equitable Bond Fund 55.58%
BMO S&P/TSX Capped Composite Index ETF (ZCN) 12.74%
Invesco QQQ ETF (QQQ) 7.55%
BMO S&P 500 Index ETF (ZSP) 6.97%
Global X Equal Weight Canadian Bks Ind ETF (HBNK) 5.05%
iShares S&P/TSX Global Gold Index ETF (XGD) 3.74%
BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) 3.47%
TD Q Canadian Dividend ETF (TQCD) 3.45%
CI Gold Bullion Fund ETF C$ Hedged Series (VALT) 1.03%
Cash and Cash Equivalents 0.42%

Growth of $10,000

As of November 30, 2025

Period:

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment, The value of the investment would be $14,446

Calendar Return (%)

As of November 30, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 11.36 6.77 -11.41 8.34 2.52 11.66 -4.73 3.82 2.33 -0.46

Compound Return (%)

As of November 30, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 1.29 5.39 8.59 7.59 8.09 4.72 3.73
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equitable Generations 0.00 % 0.00 %

Other Fund Information

Product Availabilty

Equitable Generations™

Date of Inception:

September 2013

Estimated Management
Expense Ratio (MER)*:

2.43%

Fund Category

Canadian Neutral Balanced

Portfolio Manager

The Equitable Life Insurance Company of Canada

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Fixed Income

Duration: Long

Credit Rating: Med

Performance Chart

Period:
Canadian Neutral Portfolio

Summary

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment

Total returns performance

44.46% Up

Value of $10,000 investment

$14,446.48  CAD