Fund Facts

The Fund Facts documents highlight key information about our mutual funds, including holdings, performance, risk, and the costs of buying and owning a fund.

Simplified Prospectuses and Amendments

The simplified prospectus is renewed annually and contains important information about the funds, including the entities and individuals responsible for their administration; valuation; purchases, switches and redemptions; fees and expenses; income tax considerations; and the investment objectives, strategies and risks for each fund.

Management Reports of Fund Performance (MRFPs)


MRFPs are prepared twice a year and include commentary on a fund's operations and recent developments, along with financial highlights, performance and summary portfolio information.

Financial Statements


Financial statements are prepared twice a year and provide a summary of a fund's financial position and a complete list of the securities held in the portfolio at the end of the period.


For the fiscal year ended March 31, 2024, fees paid or payable to KPMG LLP and its network firms for the audit of the financial statements of Canadian Reporting Issuer funds managed by Canada Life Investment Management Ltd. were $443 thousand (2023 - $551 thousand). Fees for other services were $10 thousand (2023 - $8 thousand).


Quarterly Portfolio Disclosure

As at December 31, 2024

Governance and Other Important Information

  • Independent Review Committee

    The annual report of the Independent Review Committee (IRC) to unitholders of the Counsel Portfolios is required by National Instrument 81-107 – Independent Review Committee for Investment Funds. The IRC has a mandate to review conflict of interest matters identified and referred to it by Canada Life Investment Management Ltd. and to give its approval or recommendation, depending on the nature of the conflict of interest matter.


    IRC Report to Unitholders: April 1, 2023 – November 30, 2023


    IRC Report to Unitholders: November 30, 2023 – March 31, 2024


  • Investor Notices and Special Meetings

    Investor Notice and Access – March 28, 2025


    Form of Proxy – March 28, 2025


    Notice of Special Meetings of Unitholders and Management Information Circular - March 28, 2025


  • Proxy Voting

    Canada Life Investment Management Ltd. (“CLIML”) is required to disclose the record of proxy voting annually for all the Canada Life Funds (the “Funds”) such that investors are aware of how the investment funds they own exercised the voting rights attached to those securities. Typically, only Funds with an equity component hold securities with voting rights. As the Funds' portfolio advisor, CLIML has adopted written policies and procedures designed to ensure that all votes in respect of securities are made in the best interests of the Funds’ unitholders.


    The link below takes you to an external website that contains the voting records for individual securities on a fund-by-fund basis. For each security, a brief description of each voting matter is provided, whether the investment fund voted on the matter, and whether the votes cast were for or against the recommendations of the management of the issuer. This information is for the period ending June 30 of each year and is updated annually by August 31.


    Proxy Voting Report


  • Monthly Holdings

    Monthly Holdings Report

    This report lists the securities in each investment fund.

  • Top 10 Holdings Report

    Top 10 holdings report