EMPIRE LIFE DIVIDEND GROWTH GIF

Class L Guaranteed Investment Funds as of June 30, 2020

INVESTMENT MANAGEMENT

Doug Cooper, CFA
Ian Hardacre, MBA, CFA
Sara Shahram, 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)$643.20
Estimated MER (%)*3.11 %
Inception November 3, 2014
Total Holdings52

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Equity69.1 %
International Equity13.4 %
US Equity11.4 %
Cash6.0 %

SECTOR MIX

Financials33.3 %
Energy12.5 %
Consumer staples11.8 %
Communication services9.7 %
Consumer discretionary9.6 %
Industrials9.0 %
Real Estate4.2 %
Materials3.7 %
Utilities2.6 %
Health care2.1 %
Information technology1.5 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS

Royal Bank of Canada Com5.0 %
Bank of Nova Scotia Com4.9 %
Brookfield Asset Management Inc. Voting Shs Cl A4.8 %
Toronto-Dominion Bank Com New4.8 %
Stella-Jones Inc. Com3.4 %
Bunzl PLC Shs3.2 %
Enbridge Inc. Com3.0 %
Canadian Imperial Bank of Commerce Com2.9 %
Canadian National Railway Company Com2.9 %
Rogers Communications Inc. Cl B Non Vtg2.7 %
Total of Top 1037.7 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
-0.438.71-17.61-14.73-5.86-0.90 -0.84

CALENDAR YEAR RETURNS

20122013201420152016201720182019
   -2.3416.635.79-15.1512.75
* On November 1, 2019 the insurance fee (which in recent years was not included in the MER) was incorporated into the MER. The MER shown above is an estimate calculated as if the insurance fee had been incorporated into the MER for the full 2019 year. 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.