EMPIRE LIFE EMBLEM GLOBAL BALANCED PORTFOLIO GIF

Class L Guaranteed Investment Funds as of June 30, 2022

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) $82.23 MER 2.97 % Inception May 28, 2018 Total Holdings 402	RISK TOLERANCE low low to medium medium medium to high high
ASSET MIX U.S. Bonds 25.0 % U.S. Equities 23.2 % Canadian Bonds 19.0 % International Equities 16.9 % Cash and Cash Equivalents 8.6 % Canadian Equities 6.5 % International Bonds 0.8 % SECTOR MIX Information technology 18.7 % Financials 17.3 % Industrials 13.1 % Consumer discretionary 10.2 % Health care 9.3 % Energy 8.3 % Communication services 6.6 % Consumer staples 6.4 % Materials 5.1 % Utilities 2.5 % Real Estate 2.5 %	GROWTH OF $10,000 For Illustration Purposes Only
TOP 10 HOLDINGS ENBRIDGE INC 07JUL22 DN 2.3 % Ford Credit Canada Co., 3.35%, 9/19/2022 1.9 % CCO Holdings LLC, 5.13%, 5/1/2027 1.6 % Canada Housing Trust No.1, 2.35%, 6/15/2023 1.5 % Canada Housing Trust No.1, 1.1%, 3/15/2031 1.4 % ROYAL BK OF CAD 1.45% 04JUL22 TD 1.4 % Videotron Ltee, 5.63%, 6/15/2025 1.3 % Canada Housing Trust 2.350% December 15, 2018 1.3 % Gov. of Canada, 0.02%, 6/1/2031 1.2 % Canada Housing Trust No.1, 1.4%, 3/15/2031 1.2 % Total of Top 10 15.2 %	COMPOUND ANNUAL RETURNS 1 mo 3 mo YTD 1 yr 3 yr 5 yr 10 yr Inception -4.52 -7.32 -11.99 -9.96 0.13     0.39 CALENDAR YEAR RETURNS 2014 2015 2016 2017 2018 2019 2020 2021           9.37 6.43 3.91

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.