Investor Presentaiton
GREAT-WEST LIFECO
17
INVESTOR OVERVIEW
•
Diversified, high-quality asset mix
Conservative investment portfolio, predominantly comprised of fixed income instruments - 99% of
which are investment-grade
Invested assets of ~$219B
Bonds represent 69%
-
99% are investment grade
71% rated A or higher
- 84% of bond holdings are
domiciled in Canada, the U.S.,
and the U.K.
Mortgages represent 17%
-
-
Well diversified by geography
and property type
Well seasoned, with minimal
impairments; delinquencies >
90 days on non-impaired
mortgages are negligible
Stocks represent 7%, mostly
Canadian publicly traded
• Investment properties are 4%
-
-
71% in Canada / U.S.; 29% in
U.K./ Europe
Properties are unlevered
- U.K. / European properties
benefit from long term lease
contracts
Invested Asset Distribution
Gov't, Gov't Related and
Agency Securitized Bonds
19%
Corporate and Non-
Agency Securitized
Bonds
50%
Cash and CD's
3%
Investment Properties
4%
Insured Residential &
Multi-family Mortgages
1%
Stocks
7%
Total Invested
Conventional, Residential, Commercial
Mortgages and Equity Release Mortgages
16%
Assets
$219B
ААА
16%
BB or lower
1%
Bond Portfolio Quality
AA
20%
BBB
28%
Total Bond
Portfolio
$152B
Note: As at June 30, 2023
A
35%View entire presentation