EMPIRE LIFE INCOME GIF

Class L Guaranteed Investment Funds as of September 30, 2020

INVESTMENT MANAGEMENT

Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking growth and income by investing in a strategic mix of primarily Canadian equity and fixed income securities.

FUND FACTS

Asset ClassCanadian Balanced
Size (Mill)$411.83
Estimated MER (%)*2.64 %
Inception November 3, 2014
Total Holdings420

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Bonds59.5 %
Canadian Equity17.2 %
US Equity11.0 %
International Equity5.0 %
US Bonds4.6 %
Cash2.8 %

BOND TYPE

Investment Grade Corporate44.9 %
Provincial29.8 %
Federal Government20.1 %
High Yield Corporate2.1 %
Floating Rate1.3 %
Preferred Shares0.8 %
Municipal Government0.5 %
Convertible0.5 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS

Gov. of Canada, 2%, 12/1/20513.7 %
Province of Ontario, 4.7%, 6/2/20371.8 %
Canada Housing Trust No.1, 2.4%, 12/15/20221.5 %
Province of Ontario, 2.7%, 6/2/20291.3 %
Canada Housing Trust No.1, 1.8%, 12/15/20241.3 %
Scotiabank Capital Trust, 0.06%, 12/31/20561.3 %
Gov. of Canada, 2%, 6/1/20281.3 %
New Brunswick (Province of), 3.55%, 6/3/20431.2 %
Bank of Nova Scotia, 2.38%, 5/1/20231.0 %
Province of Ontario, 2.65%, 12/2/20501.0 %
Total of Top 1015.3 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
-0.131.530.431.052.582.86 2.45

CALENDAR YEAR RETURNS

20122013201420152016201720182019
   0.423.903.40-4.189.79
* 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.