EMPIRE LIFE
MONTHLY INCOME MUTUAL FUND

Series A Mutual Fund as of December 31, 2018

PORTFOLIO MANAGER

Jennifer Law, CFA
Geoff Johnston, CFA
Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking growth and income by investing primarily in Canadian equity and fixed income securities

FUND FACTS

Asset ClassCanadian Balanced
Size (Mill)$11.0
MER (2017)2.11 %
InceptionJanuary 9, 2012
Total Holdings191

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Bond43.2 %
Canadian Equity32.9 %
US Equity10.6 %
Cash7.3 %
International Equity4.6 %
Other1.4 %

SECTOR MIX

Financials33.0 %
Energy16.6 %
Communication Services11.6 %
Industrials7.9 %
Health Care5.2 %
Utilities5.2 %
Consumer Discretionary4.5 %
Consumer Staples4.5 %
Real Estate4.3 %
Materials4.2 %
Information Technology3.0 %

GROWTH OF $10,000 - SINCE INCEPTION

For Illustration Purposes Only

TOP 10 HOLDINGS

ROYAL BANK OF CANADA 1.7% 02JAN19 TD5.4 %
CANADA HOUSING TRUST 1.25% 15DEC203.7 %
TORONTO-DOMINION BK (I/L)3.2 %
ROYAL BANK OF CANADA3.2 %
OMERS FINANCE TRUST 18JAN19 DN1.8 %
BCE INC1.6 %
BANK OF NOVA SCOTIA CAD1.5 %
SPDR GOLD TRUST1.4 %
SHAW COMMUNICATION INC CLASS B1.3 %
SUMITOMO MITSUI FINANCIAL GROUP INC1.2 %
Total of Top 1024.3 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
-2.46-6.53-5.93-5.931.712.61 3.79

CALENDAR YEAR RETURNS

20112012201320142015201620172018
  10.007.880.196.914.63-5.93

RECENT DISTRIBUTIONS

Jan-2018Feb-2018Mar-2018Apr-2018May-2018Jun-2018
0.04200.04200.04200.04200.04200.0420

Jul-2018Aug-2018Sep-2018Oct-2018Nov-2018Dec-2018
0.04200.04200.04200.04200.04200.0420
Empire Life Investments Inc. is the Manager of the Empire Life Mutual Funds (the “Funds”). The units of the Funds are available only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such units. ** Annual Compound Returns: Returns under 1 year are simple rates of return. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemptions, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. ® Registered trademark of The Empire Life Insurance Company. Empire Life Investments Inc. is a licensed user of this trademark.