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Canada Life Index ETF Portfolios can help you offer a cost-effective, all-in-one solution for fee-sensitive clients.

For every segregated fund application you submit digitally until Sept. 30, 2024, you’ll pocket a 0.5% bonus of gross sales for all new eligible business.  

Two out of three Canada Life Index ETF Portfolios have landed in the first quartile for performance over the past year. And, with a price difference of only 18 to 63 basis points compared to typical mutual fund solutions, the ETF portfolios offer the benefits of a segregated fund policy at competitive pricing.    

Canada Life Index ETF Portfolios

Growth Portfolio

Balanced Portfolio

Conservative Portfolio

Quartile ranking

1st quartile

1st quartile

3rd quartile

1-year return

16.37

12.33

6.50

Return since inception

16.39

13.06

8.20

MER (%) 

1.28

1.23

1.12
Mutual fund peer group median MER (%) *  (active and passive funds)

1.10

0.99

0.89

Mutual fund peer group median MER (%) *  (passive funds only)

0.65

0.61

0.57

Source: Morningstar Direct. Performance and fees for 75/75 Partner Series as of May 31, 2024. Inception date as of Oct. 24, 2022. Canadian Investment Funds Standards Committee (CIFSC) categories and number of investments within each category are as follows in order as they appear in the table: Global Equity Balanced (1,007), Global Neutral Balanced (924), Global Fixed Income Balanced (368).

 Source: Fundata and IFIC as of May 31, 2024. Peer group medians calculated using CIFSC industry series F categories and are the same as noted above. These categories are not restricted to managed solutions. This information is to the best of our knowledge based on public sources. 

If you have questions, feel free to reach out to your Canada Life wealth sales team. 

For advisor use only. No portion of this communication may be reproduced or distributed to the public as it does not comply with investor sales communication rules. 

The information provided is based on current laws, regulations and other rules applicable to Canadian residents. It’s accurate to the best of our knowledge as of the date of publication. Rules and their interpretation may change, affecting the accuracy of the information. The information provided is general in nature and should not be relied upon as a substitute for advice in any specific situation.

Quartile rankings are from Morningstar Research Inc., an independent research firm, based on the fund’s Morningstar category, and reflect the performance of the fund for the 1-, 3-, 5- and 10-year (or since inception) periods. The quartiles divide the data into four equal regions. Expressed in terms of rank (1, 2, 3 or 4), the quartile rankings compare how a fund has performed relative to other funds in a particular category and are subject to change monthly.

These funds are available through a segregated funds policy issued by The Canada Life Assurance Company. A description of the key features of the segregated fund policy is contained in the information folder. Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value. Past performance is not indicative of future performance. 

See full bonus details: MGA advisors; Advisor Solutions/Advanced Advisor Practices advisors 

Canada Life and design are trademarks of The Canada Life Assurance Company.