Overview
Daily NAV
$12.85
0.31% $0.04
December 1, 2022
-
Inception DateApril 20, 2015
-
Net Assets$1.17 billion
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER2.56%
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Asset classTactical Balanced
Risk: Low to Medium
Low
Low To Moderate
Moderate
Moderate To High
High
1 Empire Life Investments Inc. is the portfolio manager of the Empire Life segregated funds and is a wholly owned subsidiary of The Empire Life Insurance Company.
Why Invest
You are seeking growth and income by investing in a tactical mix of primarily Canadian equity and fixed income securities, with a target equity allocation of 65%
Fund codes
| Series | Front-end load | Low load | No load | Deferred Sales Charge |
|---|---|---|---|---|
| Class K | ECF11040 | ECF11240 | ECF11340 | ECF11540 |
Performance As at October 31, 2022
Growth of $10,000
Investment value:
$12,335.72
at
October 31, 2022
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Asset Allocation GIF Class K | 3.55% | -1.35% | -2.79% | -6.93% | -6.36% | 3.35% | 2.00% | — | 2.84% |
| Series | Empire Life Asset Allocation GIF Class K |
|---|---|
| 1 mth | 3.55% |
| 3 mths | -1.35% |
| 6 mths | -2.79% |
| YTD | -6.93% |
| 1 year | -6.36% |
| 3 years | 3.35% |
| 5 years | 2.00% |
| 10 years | — |
| psi | 2.84% |
2 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.
Calendar Returns
| Series | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Asset Allocation GIF Class K | — | — | — | — | 2.96% | 6.12% | -7.44% | 12.47% | 2.09% | 11.94% |
| Series | Empire Life Asset Allocation GIF Class K |
|---|---|
| 2012 | — |
| 2013 | — |
| 2014 | — |
| 2015 | — |
| 2016 | 2.96% |
| 2017 | 6.12% |
| 2018 | -7.44% |
| 2019 | 12.47% |
| 2020 | 2.09% |
| 2021 | 11.94% |
Portfolio Allocations As at October 31, 2022
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 25.53% | |
| Energy | 16.46% | |
| Industrials | 13.74% | |
| Information Technology | 11.35% | |
| Materials | 7.15% | |
| Consumer Discretionary | 6.67% | |
| Communication Services | 6.34% | |
| Consumer Staples | 4.43% | |
| Health Care | 3.95% | |
| Utilities | 2.29% | |
| Real Estate | 2.09% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Equity | 40.81% | |
| Canadian Bonds | 27.72% | |
| U.S. Equity | 14.40% | |
| U.S. Bonds | 7.72% | |
| Cash and Equivalents | 5.17% | |
| International Equity | 3.84% | |
| International Bond Funds | 0.35% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Toronto-Dominion Bank | 2.00% |
| Royal Bank of Canada | 1.97% |
| Enbridge Inc. | 1.67% |
| Franco-Nevada Corporation Com | 1.53% |
| Alimentation Couche-Tard Inc. Com | 1.50% |
| Brookfield Asset Management Inc. 'A' | 1.46% |
| Bank of Nova Scotia | 1.36% |
| Canadian Pacific Railway Limited | 1.35% |
| Bank of Montreal | 1.29% |
| TC Energy Corporation | 1.16% |
Portfolio Manager(s)
Doug Cooper
Senior Portfolio Manager, Canadian Equities
Ashley Misquitta
Senior Portfolio Manager, U.S. & Global Equities
Greg Chan
Portfolio Manager, Canadian Equities
Empire Life Investment Team
Empire Life Investment Team