EMPIRE LIFE MULTI-STRATEGY GLOBAL CONSERVATIVE PORTFOLIO GIF

Class L Guaranteed Investment Funds as of December 31, 2020

INVESTMENT MANAGEMENT

Dave Paterson, CFA
Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking income and long-term capital growth by investing primarily in fixed income securities and in global equity securities.

FUND FACTS

Asset ClassPortfolio Funds
Size (Mill)$22.90
Estimated MER (%)*2.72 %
Inception October 23, 2019
Total Holdings8

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX (as at June 30, 2020)

International Bonds22.4 %
Canadian Bonds21.2 %
US Bonds20.0 %
International Equity13.0 %
US Equity12.7 %
Cash7.5 %
Canadian Equity2.7 %
Other0.1 %

SECTOR MIX (as at June 30, 2020)

Information technology16.0 %
Financials15.5 %
Health care13.3 %
Consumer staples11.8 %
Industrials11.7 %
Consumer discretionary10.2 %
Communication services6.8 %
Materials5.9 %
Utilities3.7 %
Energy3.0 %
Real Estate2.1 %

GROWTH OF $10,000

For Illustration Purposes Only

TOP 10 HOLDINGS (as at June 30, 2020)

Empire Life Multi-Strategy Global Equity GIF30.3 %
Empire Life Bond Fund21.5 %
Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) 19.0 %
PIMCO Monthly Income Fund13.3 %
Empire Life Strategic Bond Fund12.0 %
Total of Top 1096.0 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
0.812.243.453.45   3.83

CALENDAR YEAR RETURNS

20132014201520162017201820192020
       3.45
* 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.