EMPIRE LIFE EMBLEM GLOBAL BALANCED PORTFOLIO GIF

Class L Guaranteed Investment Funds as of March 31, 2024

INVESTMENT MANAGEMENT Empire Life Investment Team	WHY INVEST IN THIS FUND You are seeking growth and income by investing primarily in global equity and fixed income securities, with a target equity allocation of 50%
FUND FACTS Asset Class Portfolio Funds Size (Mill) $100.31 MER 2.97 % Inception May 28, 2018 Total Holdings 380	RISK TOLERANCE low low to medium medium medium to high high
ASSET MIX Canadian Bonds 27.5 % U.S. Equities 23.7 % U.S. Bonds 18.7 % International Equities 16.6 % Canadian Equities 7.6 % Cash and Cash Equivalents 4.6 % International Bonds 1.2 % SECTOR MIX Financials 22.1 % Information technology 16.4 % Industrials 13.9 % Consumer discretionary 11.3 % Health care 10.5 % Energy 8.9 % Consumer staples 5.4 % Materials 4.3 % Communication services 3.7 % Utilities 2.4 % Real Estate 1.2 %	GROWTH OF $10,000 For Illustration Purposes Only
TOP 10 HOLDINGS Gov. of Canada, 1.75%, 12/1/2053 6.0 % ROYAL BK OF CAD 4.95% 01APR24 TD 3.1 % Gov. of Canada, 2%, 6/1/2032 2.8 % Gov. of Canada, 2.75%, 6/1/2033 2.3 % Gov. of Canada, 4.5%, 2/1/2026 2.3 % Gov. of Canada, 3.25%, 12/1/2033 2.0 % Microsoft Corporation 1.6 % CCO Holdings LLC, 5.13%, 5/1/2027 1.4 % Canada Housing Trust No.1, 1.1%, 3/15/2031 1.2 % Canada Housing Trust 2.350% December 15, 2018 1.0 % Total of Top 10 23.8 %	COMPOUND ANNUAL RETURNS 1 mo 3 mo YTD 1 yr 3 yr 5 yr 10 yr Inception 1.93 3.97 3.97 6.22 2.03 3.05   2.78 CALENDAR YEAR RETURNS 2016 2017 2018 2019 2020 2021 2022 2023       9.37 6.43 3.91 -6.59 4.69

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.