EMPIRE LIFE ASSET ALLOCATION GIF

Class L Guaranteed Investment Funds as of February 29, 2024

INVESTMENT MANAGEMENT

Doug Cooper, CFA
Ashley Misquitta, CFA
Greg Chan, 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)$1,173.81
MER3.05 %
Inception November 3, 2014
Total Holdings515

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Equities31.5 %
Canadian Bonds31.4 %
U.S. Equities15.5 %
International Equities8.2 %
U.S. Bonds8.2 %
Cash and Cash Equivalents5.2 %
International Bonds0.4 %

SECTOR MIX

Financials23.3 %
Industrials18.1 %
Information technology13.0 %
Energy11.9 %
Consumer discretionary9.0 %
Health care5.6 %
Consumer staples5.2 %
Communication services4.7 %
Materials4.7 %
Utilities3.5 %
Real Estate1.0 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS

Brookfield Business Corporation Cl A Exchangeable Sub Vtg2.0 %
Royal Bank of Canada1.9 %
Gov. of Canada, 1.75%, 12/1/20531.7 %
ROYAL BK OF CAD 4.95% 01MAR24 TD 1.6 %
Brookfield Asset Management Inc. 'A'1.4 %
Microsoft Corporation1.4 %
Lightspeed Commerce Inc. Sub Vtg Shs1.4 %
Canadian Natural Resources Limited1.3 %
Gov. of Canada, 2.5%, 12/1/20321.2 %
Canadian National Railway Company1.1 %
Total of Top 1015.1 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
0.974.580.915.133.073.71 4.04

CALENDAR YEAR RETURNS

20162017201820192020202120222023
2.856.15-7.4212.401.6011.39-6.646.75
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.