EMPIRE LIFE
DIVIDEND GROWTH MUTUAL FUND

Series A Mutual Fund as of November 30, 2024

PORTFOLIO MANAGER

Doug Cooper, CFA
Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking growth by investing primarily in dividend paying Canadian equity securities

FUND FACTS

Asset Class	Canadian Equity
MER (2019)	2.16 %
Inception	January 9, 2012
Total Holdings	10

RISK TOLERANCE



low	low to medium	medium	medium to high	high

ASSET MIX

Cash and Cash Equivalents	100.0 %

GROWTH OF $10,000 - SINCE INCEPTION

For Illustration Purposes Only

TOP 10 HOLDINGS

Canadian Dollars - London	410220.3 %
US dollar - London	44.0 %
US Dollar	7.1 %
Danish Krone	0.0 %
Canadian Dollar	-410171.3 %
Total of Top 10	100.0 %

COMPOUND ANNUAL RETURNS

1 mo	3 mo	YTD	1 yr	3 yr	5 yr	10 yr	Inception
2.70	3.90	-3.05	1.77	4.24	1.71		5.56

CALENDAR YEAR RETURNS

2014	2015	2016	2017	2018	2019	2020	2021
8.08	-1.58	16.92	6.03	-14.64	13.30	-3.67	20.34

RECENT DISTRIBUTIONS

Dec-2021	Jan-2022	Feb-2022	Mar-2022	Apr-2022	May-2022
			0.0232

Jun-2022	Jul-2022	Aug-2022	Sep-2022	Oct-2022	Nov-2022
			0.0768	0.0382	0.6934

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.