EMPIRE LIFE GLOBAL SUSTAINABLE EQUITY GIF

Class L Guaranteed Investment Funds as of October 31, 2024

INVESTMENT MANAGEMENT Ashley Misquitta, CFA David Mann, CFA Empire Life Investment Team	WHY INVEST IN THIS FUND This fund may be right for a person seeking growth, wanting to invest mostly in global stocks and is willing to accept a low to moderate level of risk.
FUND FACTS Asset Class Global Equity Size (Mill) $7.28 Estimated MER (%)* 3.46 % Inception January 18, 2021 Total Holdings 63	RISK TOLERANCE low low to medium medium medium to high high
ASSET MIX U.S. Equities 55.9 % International Equities 33.5 % Cash and Cash Equivalents 7.8 % Canadian Equities 2.8 % SECTOR MIX Information technology 24.5 % Financials 21.2 % Consumer discretionary 15.0 % Health care 10.6 % Communication services 7.1 % Materials 6.8 % Consumer staples 5.6 % Industrials 4.5 % Energy 2.7 % Utilities 2.0 %	GROWTH OF $10,000 For Illustration Purposes Only
TOP 10 HOLDINGS ROYAL BK OF CAD 3.7% 01NOV24 TD 7.5 % Microsoft Corporation 7.0 % Visa Inc. 'A' 3.9 % Air Liquide SA 3.4 % SAP SE 3.4 % PNC Financial Services Group Inc. (The) Com 3.1 % Chubb Limited 2.8 % Newmont Mining Corporation 2.7 % Ross Stores Inc. 2.7 % Pan Pacific International Holdings Corporation 2.5 % Total of Top 10 39.0 %	COMPOUND ANNUAL RETURNS 1 mo 3 mo YTD 1 yr 3 yr 5 yr 10 yr Inception -1.28 0.68 12.18 20.55 4.19     5.20 CALENDAR YEAR RETURNS 2016 2017 2018 2019 2020 2021 2022 2023             -10.72 10.23

^* The MER is estimated as the fund is less than 12 months old.
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.