Canada Life Investment Management Ltd. announces proposed mutual fund mergers to certain mutual funds

LONDON, ON, Feb. 13, 2026 /CNW/ - Canada Life Investment Management Ltd. (CLIML) today announced a series of mutual fund mergers effective on or about April 24, 2026 (the "Proposed Mergers"), subject to unitholder approval. The Proposed Mergers are designed to streamline the fund lineups for advisors and their clients. All Proposed Mergers will be done on a tax-deferred basis.

"We're focused on helping our clients achieve their goals by streamlining the product lineup that advisors rely on to help their clients succeed. By simplifying our product shelf, the proposed mergers are expected to improve investors' and advisors' ability to navigate our offerings and find solutions that meet their needs," says Sam Febbraro, President and CEO, Canada Life Investment Management Ltd.

Proposed Mergers:

Terminating Fund	Continuing Fund
Canada Life Canadian Focused Growth Fund	Canada Life Canadian Growth Fund
Canada Life Canadian Growth Balanced Fund	Canada Life Strategic Income Fund
Canada Life Canadian Focused Value Fund	Canada Life Canadian Value Fund
Canada Life Canadian Value Balanced Fund	Canada Life Strategic Income Fund
Canada Life U.S. Carbon Transition Equity Fund	Canada Life ESG U.S. Equity Fund
Canada Life U.S. Concentrated Equity Fund	Canada Life U.S. Value Fund
Canada Life International Concentrated Equity Fund	Canada Life International Equity Fund
Canada Life Emerging Markets Concentrated Equity Fund	Canada Life Emerging Markets Large Cap Equity Fund

The Independent Review Committee of each of the funds provided a positive recommendation that each Proposed Merger, if implemented, would achieve a fair and reasonable result for the funds.

Special meetings will be held on or about April 10, 2026, where unitholders will be asked to approve the Proposed Mergers. A notice-and-access letter and form of proxy will be mailed on or about March 9, 2026 to all investors of record as of February 25, 2026.

About Canada Life Investment Management Ltd.
Canada Life Investment Management Ltd. is an investment management firm offering wealth management products and services for individuals, families and business owners. The funds are sub-advised by leading asset managers, providing access to specialized investment expertise from around the world. CLIML is a subsidiary of The Canada Life Assurance Company. Learn more.

Canada Life Mutual Funds are managed by Canada Life Investment Management Ltd. The funds are distributed by Quadrus Investment Services Ltd., IPC Investment Corporation, and IPC Securities Corporation, and may also be available through other authorised dealers in Canada.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE Canada Life Investment Management Ltd. (CLIML)

For more information contact: Colin Roy, Associate Manager, Communications, Media Relations, Canada Life, 204-946-7380, [email protected]