EMPIRE LIFE MULTI-STRATEGY GLOBAL BALANCED PORTFOLIO GIF

Class L Guaranteed Investment Funds as of May 31, 2021

INVESTMENT MANAGEMENT

Dave Paterson, CFA
Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking a balance between long-term capital growth and earning income by investing primarily in global equity securities and fixed income securities

FUND FACTS

Asset ClassPortfolio Funds
Size (Mill)$29.44
Estimated MER (%)*2.93 %
Inception October 23, 2019
Total Holdings7

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX (as at December 31, 2020)

U.S. Equities29.2 %
U.S. Bonds20.9 %
International Equities16.3 %
International Bonds12.0 %
Canadian Equities7.2 %
Canadian Bonds6.7 %
Cash and Cash Equivalents6.6 %
Other Net Assets (Liabilities)0.4 %

SECTOR MIX (as at December 31, 2020)

Information technology18.7 %
Health care13.6 %
Consumer discretionary13.0 %
Financials12.8 %
Industrials11.5 %
Consumer staples10.9 %
Communication services8.3 %
Materials4.8 %
Utilities3.3 %
Real Estate1.6 %
Energy1.5 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS (as at December 31, 2020)

Empire Life Multi-Strategy Global Equity GIF50.4 %
Vanguard US Aggregate Bond Index ETF Cad Hedged12.9 %
Vanguard Global ex-U.S. Aggregate Bond Index ETF CAD Hedged8.8 %
PIMCO Monthly Income Fund7.8 %
Empire Life Bond Fund6.0 %
Empire Life Strategic Corporate Bond GIF5.4 %
BMO Aggregate Bond Index ETF4.7 %
Total of Top 1096.0 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
-0.171.06-0.574.95   3.00

CALENDAR YEAR RETURNS

20132014201520162017201820192020
       3.65
* 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.