Overview
$11.46
0.45% $0.05
May 15, 2025
Inception Date
January 18, 2021
Net Assets
$3.38 million
MER
3.02%
Fund Details
-
Portfolio ManagerThe Empire Life Insurance Company
-
Min. Investment$1,000 initial, $50 per fund
-
Risk RatingLow to Medium
-
Asset classGlobal Neutral Balanced
-
Management Fee2.33%
Fund codes
| Series | No load | Back-end load * |
|---|---|---|
| Protection Portfolios 75/75 | ECF30302 | ECF30502 |
| Protection Portfolios 75/100 | ECF31302 | ECF31502 |
- * Effective May 29, 2023, the Deferred Sales Charge (DSC) is no longer available for new deposits. Switches between funds purchased with the same Purchase Fee Option will continue to be allowed.
Performance As at April 30, 2025
Growth of $10,000
Investment value:
$11,253.98
at
April 30, 2025
Compound Returns
| Series | 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Canoe EL Balanced Protection Portfolio Protection Portfolios 75/75 | -1.75% | -2.85% | 0.07% | -0.83% | 5.56% | 3.84% | — | — | 3.05% |
| Canoe EL Balanced Protection Portfolio Protection Portfolios 75/100 | -1.78% | -2.93% | -0.09% | -0.94% | 5.21% | 3.53% | — | — | 2.75% |
| Series | Canoe EL Balanced Protection Portfolio Protection Portfolios 75/75 | Canoe EL Balanced Protection Portfolio Protection Portfolios 75/100 |
|---|---|---|
| 1 month | -1.75% | -1.78% |
| 3 months | -2.85% | -2.93% |
| 6 months | 0.07% | -0.09% |
| YTD | -0.83% | -0.94% |
| 1 year | 5.56% | 5.21% |
| 3 years | 3.84% | 3.53% |
| 5 years | — | — |
| 10 years | — | — |
| psi | 3.05% | 2.75% |
Calendar Returns
| Series | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Canoe EL Balanced Protection Portfolio Protection Portfolios 75/75 | — | — | — | — | — | — | — | -8.33% | 5.50% | 8.59% |
| Canoe EL Balanced Protection Portfolio Protection Portfolios 75/100 | — | — | — | — | — | — | — | -8.55% | 5.19% | 8.23% |
| Series | Canoe EL Balanced Protection Portfolio Protection Portfolios 75/75 | Canoe EL Balanced Protection Portfolio Protection Portfolios 75/100 |
|---|---|---|
| 2015 | — | — |
| 2016 | — | — |
| 2017 | — | — |
| 2018 | — | — |
| 2019 | — | — |
| 2020 | — | — |
| 2021 | — | — |
| 2022 | -8.33% | -8.55% |
| 2023 | 5.50% | 5.19% |
| 2024 | 8.59% | 8.23% |
Portfolio Allocations As at March 31, 2025
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 21.23% | |
| Information Technology | 15.21% | |
| Consumer Discretionary | 13.01% | |
| Industrials | 12.69% | |
| Energy | 11.28% | |
| Health Care | 9.80% | |
| Consumer Staples | 8.14% | |
| Materials | 4.30% | |
| Communication Services | 3.01% | |
| Utilities | 1.03% | |
| Real Estate | 0.30% |
Geographic Allocation
| Colours | Name | Weight |
|---|---|---|
| United States | 62.21% | |
| Canada | 33.80% | |
| United Kingdom | 3.67% | |
| Japan | 2.03% | |
| Switzerland | 1.53% | |
| Taiwan | 1.11% | |
| France | 1.03% | |
| Spain | 0.93% | |
| Ireland | 0.90% | |
| Germany | 0.64% | |
| Other | 1.91% |
Credit Ratings
| Colours | Name | Weight |
|---|---|---|
| AAA | 19.27% | |
| AA | 18.36% | |
| A | 14.58% | |
| BBB | 18.53% | |
| BB | 4.99% | |
| B | 0.69% | |
| NR (Non-rated) | 23.59% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| U.S. Bonds | 29.12% | |
| U.S. Equity | 27.70% | |
| Canadian Bonds | 15.39% | |
| International Equity | 12.43% | |
| Canadian Equity | 12.02% | |
| Cash and Equivalents | 11.95% | |
| International Bond Funds | 1.15% | |
| Other | 0.00% |
Currency Allocation
| Colours | Name | Weight |
|---|---|---|
| United States dollar | 66.65% | |
| Canadian dollar | 32.09% | |
| Euro | 3.16% | |
| Pound sterling | 3.11% | |
| Japanese yen | 2.03% | |
| Swiss franc | 1.68% | |
| Brazilian real | 0.55% | |
| Danish krone | 0.36% | |
| Hong Kong dollar | 0.10% | |
| Singapore dollar | 0.04% | |
| Other | 0.00% |
Bond Term Allocation
| Colours | Name | Weight |
|---|---|---|
| Between 5 and 10 years | 31.70% | |
| More than 20 years | 28.63% | |
| Between 1 and 5 years | 21.54% | |
| Between 10 and 20 years | 18.12% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Fannie Mae, 6.00%, 2039/05/01 | 3.19% |
| United States Treasury Bill | 2.63% |
| Fannie Mae, 5.50%, 2053/05/25 | 2.31% |
| United States Treasury Note, 4.25%, 2054/08/15 | 2.07% |
| United States Treasury Bill, 5/8/2025 | 1.92% |
| BANK OF MONTREAL TD 2.55% 04/01/2025 | 1.73% |
| United States Treasury Bond, 3.63%, 2053/05/15 | 1.65% |
| Microsoft Corp. | 1.46% |
| United States Treasury Note, 4.5%, 11/15/2054 | 1.36% |
| United States Treasury Bond, 3.00%, 2052/08/15 | 1.34% |
Underlying Fund Holdings
| Name | Weight |
|---|---|
| Canoe Equity Portfolio Class | 19.46% |
| Empire Life Global Equity GIF | 19.30% |
| Canoe Bond Advantage Fund | 19.24% |
| Canoe Global Income Fund | 19.21% |
| Canoe Global Equity Fund | 9.65% |
| Empire Life Strategic Corporate Bond GIF | 9.60% |
Fees
| Series | Management Fee | MER |
|---|---|---|
| Protection Portfolios 75/75 | 2.33% | 2.73% |
| Protection Portfolios 75/100 | 2.33% | 3.02% |