EMPIRE LIFE ASSET ALLOCATION GIF

Class L Guaranteed Investment Funds as of December 31, 2019

INVESTMENT MANAGEMENT

Ian Hardacre, MBA, CFA
Doug Cooper, CFA
Sara Shahram, CFA
Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking growth and income by investing in a tactical mix of primarily Canadian equity and fixed income securities, with a target equity allocation of 65%

FUND FACTS

Asset ClassCanadian Balanced
Size (Mill)$1,142.88
MER2.44 %
Inception November 3, 2014
Total Holdings340

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Equity34.1 %
Canadian Bonds29.5 %
US Equity16.5 %
Cash11.0 %
International Equity4.5 %
US Bonds4.3 %

SECTOR MIX

Financials23.6 %
Energy20.3 %
Industrials13.1 %
Consumer Discretionary10.4 %
Communication Services8.0 %
Information Technology6.5 %
Consumer Staples5.5 %
Materials5.5 %
Health Care3.9 %
Real Estate2.0 %
Utilities1.2 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS (as at December 31, 2019)

ROYAL BANK OF CANADA 1.7% 02JAN20 TD 3.0 %
CANADIAN GOVERNMENT 0.75% 01SEP20 2.0 %
BANK OF NOVA SCOTIA CAD 1.8 %
CANADIAN IMPL BK OF COMM (I/L) 1.8 %
BROOKFIELD ASSET MANAGEMENT INC CL A1.8 %
CANADA HOUSING TRUST 2.4% 15DEC22 1.7 %
GOVERNMENT CANADA 20FEB20 TBILL 1.7 %
CENOVUS ENERGY INC 1.6 %
BANK OF NOVA SCOTIA 2.36% 08NOV22 1.6 %
MANULIFE FINANCIAL CORPORATION COMMON 1.5 %
Total of Top 1018.5 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
0.953.1012.4012.403.374.17 4.77

CALENDAR YEAR RETURNS

20122013201420152016201720182019
   7.992.856.15-7.4212.40
Empire Life will endeavour to ensure the information presented is accurate and updated, but will not be held liable for inaccuracies. A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a Guaranteed Investment Fund is invested at the risk of the contract owner and may increase or decrease in value. ** Annual Compound Returns: Returns under 1 year are simple rates of return. All others are annual compound rates of return. All returns are calculated after taking expenses, management and administration fees into account. Past performance is no guarantee of future performance. ® Registered Trademark of The Empire Life Insurance Company. Policies are issued by The Empire Life Insurance Company.