January 31, 2026
This segregated fund invests primarily in U.S. companies that are positioned to benefit from a transition to a lower carbon economy currently through the Canada Life U.S. Carbon Transition Equity mutual fund.
Is this fund right for you?
- You are looking for an environmental, social and governance ("ESG") focused U.S. equity fund
- You want a medium to long-term investment
- You can handle the volatility of stock markets
RISK RATING
How is the fund invested?
| Name | Percent |
|---|---|
| No Data Available |
| Name | Percent |
|---|---|
| No Data Available |
| Name | Percent |
|---|---|
| No Data Available |
Growth of $10,000 (since inception)
For the period 10/23/2023 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $13,205
Fund details
| Top holdings | Percent (%) |
|---|---|
| No Data Available | |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | - |
| Dividend yield | - |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | - |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -1.02 | 4.69 | -1.02 | 3.16 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| - | - | - | 13.00 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 8.47 | 23.57 | - | - |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| - | - | - | - |
Range of returns over five years
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| Data not available based on date of inception | |||
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| Data not available based on date of inception | |||
Q4 2025 Fund Commentary
Commentary and opinions are provided by JPMorgan Asset Management (Canada) Inc..
Market commentary
U.S. large- and mid-capitalization stocks rose during the fourth quarter of 2025, supported by solid earnings, economic growth and cooling inflation. Strong third-quarter 2025 gross domestic product and business investment provided a foundation for market gains, while healthy high-end consumer spending added support. However, concerns over tariff changes, a slowing labour market, and speculation around U.S. Federal Reserve Board interest rate decisions led to several market pullbacks. Warnings of an artificial intelligence “bubble” and affordability pressures for lower-end consumers added to investor caution. Despite these challenges, volatility remained contained.
Performance
The Fund’s relative exposures to Advanced Micro Devices Inc., Oracle Corp. and Eli Lilly and Co. contributed to performance. Relative exposures to Micron Technology Inc., Lam Research Corp. and Alphabet Inc. detracted from the Fund’s performance.
At a sector level, stock selection in the utilities, health care and financials sectors contributed to the Fund’s performance. Stock selection in the consumer discretionary, information technology and industrials sectors detracted from performance.
Portfolio activity
The sub-advisor made small adjustments to individual holdings, seeking to align the Fund’s characteristics with those of the Russell 1000 Index. The sub-advisor also sought to provide a reduction in carbon intensity compared to the Russell 1000 Index.
Outlook
The sub-advisor seeks to reduce the Fund’s carbon intensity compared to the benchmark.
Summary
For the period 10/23/2023 through 01/31/2026 with $10,000 CAD investment
Total returns performance
32.05%
Last price
$13.21 CAD
as of market close 01/31/2026
Value of $10,000 investment
$13,205.16 CAD
