Skip to main content

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

Your web browser is out-of-date. For the best experience, please update to a modern browser like Chrome, Edge, Safari or Mozilla Firefox.

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

Fixed income funds generally limit risk by investing in government or corporate bonds, but this could mean smaller returns than what’s possible with a riskier fund.

Fixed income funds you can choose from
Fund name
What it invests in
Fund objective
Ideal investor
Canada Life Money Market Fund
Primarily Canadian money market instruments such as treasury bills and short-term government and corporate debt
Maximize income while preserving capital and maintaining liquidity
Short-term investors who have a low risk tolerance
Canada Life Core Bond Fund
Primarily in Canadian government and investment grade corporate bonds
Interest income and moderate capital growth
Short to medium-term investors who can handle bond market volatility and have a low risk tolerance 
Canada Life Core Plus Bond Fund
A combination of Canadian government and corporate bonds of various terms, debentures, notes, mortgages and other income-producing securities
Maximize income consistent with prudent levels of risk
Short to medium-term investors who can handle bond market volatility and have a low risk tolerance
Canada Life Corporate Bond Fund
Primarily in investment grade, Canadian corporate bonds
A high level of coupon interest income consistent with reasonable safety of capital
Short to medium-term investors who can handle bond market volatility and have low risk tolerance

Canada Life North American High Yield Fixed IncomeFund

Primarily in higher yielding fixed-income securities of corporate issuers
Generate above-average income with potential for long-term capital growth
Medium-term investors who can handle bond market volatility and have low to medium risk tolerance
Canada Life Floating Rate Income Fund
Primarily in floating-rate debt obligations and other floating-rate debt instruments of issuers anywhere in the world
Generate current income
Short to medium-term investors who can handle bond market volatility and have low to medium risk tolerance
Canada Life Unconstrained Fixed Income Fund
Primarily fixed-income securities of issuers anywhere in the world and derivative instruments
Provide a positive total return over a market cycle regardless of market conditions
Medium-term investors who can handle bond market volatility and have low risk tolerance
Canada Life Global Multi-Sector Fixed Income Fund
Primarily a global multi-sector bond portfolio
Provide high income and return

Medium term investors who can handle bond market volatility and have low risk tolerance

Canada Life Canadian Core Fixed Income Fund
Primarily Canadian government and investment grade corporate bonds
Provide interest income and the potential for moderate capital appreciation
Short to medium-term investors who can handle bond market volatility and have low risk tolerance
Canada Life Canadian Core Plus Fixed Income Fund
Primarily Canadian government and corporate fixed-income instruments and asset-backed securities with maturities of more than one year
Provide a steady flow of income
Short to medium-term investors who can handle bond market volatility and have low risk tolerance
Canada Life Global Core Plus Bond Fund
Primarily fixed-income securities issued by companies or governments of any size, anywhere in the world
Generate income and long-term capital growth
Short to medium-term investors who can handle bond market volatility and have low risk tolerance
Canada Life Global Multi-Sector Bond Fund
Mainly fixed income securities of issuers anywhere in the world
Generate a high level of income over a full market cycle, regardless of market conditions, with a secondary objective of capital preservation
Medium-term investors who can handle bond market volatility and have low 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
Access fund facts and informationOpens a new website in a new window

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.