EMPIRE LIFE DIVIDEND GROWTH GIF

Class L Guaranteed Investment Funds as of February 29, 2024

INVESTMENT MANAGEMENT

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 ClassCanadian Equity
Size (Mill)$611.15
MER3.11 %
Inception November 3, 2014
Total Holdings60

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Equities81.5 %
U.S. Equities9.3 %
International Equities7.6 %
Cash and Cash Equivalents1.6 %

SECTOR MIX

Financials30.6 %
Energy15.1 %
Communication services8.8 %
Materials8.6 %
Industrials7.9 %
Consumer staples7.6 %
Utilities7.1 %
Consumer discretionary4.3 %
Real Estate3.6 %
Information technology3.4 %
Health care3.0 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS

Royal Bank of Canada5.8 %
Toronto-Dominion Bank5.2 %
TC Energy Corporation3.6 %
Bank of Montreal3.4 %
Enbridge Inc.2.9 %
Rogers Communications Inc. 'B'2.8 %
TELUS Corporation2.7 %
Bank of Nova Scotia2.7 %
Brookfield Asset Management Inc. 'A'2.6 %
Canadian Natural Resources Limited2.4 %
Total of Top 1034.1 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
1.465.571.784.836.693.65 3.26

CALENDAR YEAR RETURNS

20162017201820192020202120222023
16.635.79-15.1512.75-5.6320.21-5.717.01
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.