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The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Discover the new Canada Life

The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Discover the new Canada Life

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Freedom 55 Financial is a division of The Canada Life Assurance Company and the information you requested can be found here.

Balanced funds mix equities and fixed income securities to balance the aim of achieving higher returns against the risk of losing money. They tend to have more risk than fixed income funds, but less risk than pure equity funds.

Balanced funds you can choose from
Fund name
What it invests in
Fund objectives
Ideal investor

Canada Life Global Strategic Income Fund

Primarily in fixed income and/or income-oriented equities of issuers anywhere in the world

Current income with the potential for long-term capital growth 

Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance

Canada Life Global Balanced Fund

Primarily a combination of equities and fixed income securities of issuers anywhere in the world

Capital growth and current income

Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance

Canada Life Strategic Income Fund

Primarily in fixed income and/or income-oriented equities issued anywhere in the world, although it currently invests primarily in North America.

Income and long-term capital growth 

Medium-term investors who can handle the volatility of stock and bond markets and have a low to medium risk tolerance

Canada Life Canadian Growth Balanced Fund

Primarily in a combination of fixed income and Canadian equities

Capital growth and income

Medium to long-term investors who can handle the volatility of stock and bond markets and have a low to medium risk tolerance

Canada Life Canadian Balanced Fund

Primarily a combination of Canadian equity and fixed-income securities

Capital growth and current income

Medium to long-term investors who can handle stock market volatility and have low to medium risk tolerance

Canada Life Equity Bond Fund

Primarily equity and fixed income securities anywhere in the world

Generate capital appreciation and income

Medium to long-term investors who can handle stock and bond market volatility and have low to medium risk tolerance

Canada Life Balanced Fund

Primarily a combination of Canadian, U.S. and international equity and fixed-income securities

Long-term growth

Medium-term investors who can handle stock and bond market volatility and have low to medium risk tolerance

Canada Life Global Fixed Income Balanced Fund

Primarily in equity and fixed income securities located anywhere in the world

Income, preservation of capital and capital growth

Medium to long-term investors who can handle stock and bond market volatility and have low to medium risk tolerance

Canada Life Global Focused Growth Balanced Fund

Primarily equity and/or fixed income securities anywhere around the world

Capital growth and current income

Medium to long-term investors who can handle stock and bond market volatility and have low to medium risk tolerance

It’s important to make informed financial decisions with the help of your advisor. Through Fundata, you can learn more about our funds with these reports:

  • Check the historical performance of your specific fund, under Resources, select the first icon
  • Explore the top holdings of a specific fund, plus it’s risk rating, and asset, geographic and sector allocations, under Resources select the second icon
  • Access the fund facts for your specific mutual fund with performance history, holdings, risks and costs, under Resources select the third icon
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View the legal and regulatory disclosure documents for Canada Life Mutual Funds.

Canada Life Mutual Funds are available through a mutual fund managed by Canada Life Investment Management Ltd. offered exclusively through Quadrus Investment Services Ltd. Make your investment decisions wisely. Important information about mutual funds is found in the Fund Facts document. Please read this carefully before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.