EMPIRE LIFE
MONTHLY INCOME MUTUAL FUND

Series A Mutual Fund as of September 30, 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)$13.0
MER (2016)2.11 %
InceptionJanuary 9, 2012
Total Holdings196

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Bond39.1 %
Canadian Equity35.1 %
US Equity10.7 %
Cash8.9 %
International Equity5.6 %
Other0.7 %

SECTOR MIX

Financials34.3 %
Energy21.2 %
Industrials11.0 %
Communication Services7.1 %
Consumer Discretionary5.3 %
Real Estate4.7 %
Materials4.7 %
Consumer Staples3.3 %
Information Technology3.3 %
Health Care2.6 %
Utilities2.5 %

GROWTH OF $10,000 - SINCE INCEPTION

For Illustration Purposes Only

TOP 10 HOLDINGS

ROYAL BANK OF CANADA 1.45% 01OCT18 TD8.8 %
TORONTO-DOMINION BK (I/L)3.7 %
ROYAL BANK OF CANADA2.5 %
CANADIAN GOVERNMENT 0.75% 01SEP202.2 %
BANK OF NOVA SCOTIA CAD1.8 %
SUMITOMO MITSUI FINANCIAL GROUP INC1.3 %
PARKLAND FUEL CORP1.3 %
ENCANA CORP1.2 %
CANADA HOUSING TRUST 1.25% 15DEC201.2 %
PROVINCE OF ONTARIO CANADA 2.8% 02JUN481.1 %
Total of Top 1025.1 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
-0.560.830.644.044.615.17 4.98

CALENDAR YEAR RETURNS

20102011201220132014201520162017
   10.007.880.196.914.63

RECENT DISTRIBUTIONS

Oct-2017Nov-2017Dec-2017Jan-2018Feb-2018Mar-2018
0.04230.04230.04230.04200.04200.0420

Apr-2018May-2018Jun-2018Jul-2018Aug-2018Sep-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.