EMPIRE LIFE INCOME GIF

Class L Guaranteed Investment Funds as of December 31, 2021

INVESTMENT MANAGEMENT

Ian Fung, CFA
Jennifer Law, CFA
Sara Shahram, CFA
Ashley Misquitta, CFA

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)$407.90
MER2.64 %
Inception November 3, 2014
Total Holdings460

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Bonds52.7 %
Canadian Equities23.9 %
U.S. Equities12.6 %
U.S. Bonds4.8 %
International Equities3.7 %
Cash and Cash Equivalents2.0 %
International Bonds0.2 %

BOND TYPE

Investment Grade Corporate47.6 %
Provincial Government25.2 %
Federal Government20.6 %
High Yield Corporate3.3 %
Preferred Shares1.5 %
Floating Rate0.8 %
Municipal Government0.5 %
Convertible0.4 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS

Canada Housing Trust 2.400% December 15, 20221.8 %
Province of Ontario 4.700% June 2, 20371.6 %
Royal Bank of Canada1.5 %
Toronto-Dominion Bank1.2 %
Brookfield Asset Management Inc. 'A'1.2 %
Province of New Brunswick 3.550% June 3, 20431.2 %
Government of Canada 2.000% December 1, 20511.1 %
Shaw Communications Inc. 'B'1.1 %
407 International Inc. 2.430% May 4, 20271.0 %
Bank of Nova Scotia1.0 %
Total of Top 1012.6 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
2.332.574.304.306.103.43 3.17

CALENDAR YEAR RETURNS

20142015201620172018201920202021
 0.423.903.40-4.189.794.324.30
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.