Overview
Daily NAV
$11.51
0.50% $0.06
July 26, 2024
-
Inception DateMay 28, 2018
-
Net Assets$46.21 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER2.73%
-
Asset classGlobal Fixed Income Balanced
-
Management Fee2.10%
Risk: Low
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 primarily in global equity and fixed income securities, with a target equity allocation of 30%
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class L | ECF12091 | ECF12291 | ECF12391 | ECF12591 |
- * NOTE: Effective May 29, 2023, the Deferred Sales Charge (DSC) and Low Load (LL) Purchase Fee Options are no longer available for new deposits. Switches between funds purchased with the same Purchase Fee Option will continue to be allowed.
Performance As at June 30, 2024
Growth of $10,000
Investment value:
$11,276.99
at
June 28, 2024
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Emblem Global Conservative Portfolio GIF Class L | 0.60% | 0.27% | 3.03% | 3.03% | 6.03% | 0.51% | 1.97% | — | 1.99% |
| Series | Empire Life Emblem Global Conservative Portfolio GIF Class L |
|---|---|
| 1 mth | 0.60% |
| 3 mths | 0.27% |
| 6 mths | 3.03% |
| YTD | 3.03% |
| 1 year | 6.03% |
| 3 years | 0.51% |
| 5 years | 1.97% |
| 10 years | — |
| psi | 1.99% |
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 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Emblem Global Conservative Portfolio GIF Class L | — | — | — | — | — | 6.49% | 6.54% | 1.41% | -6.12% | 3.67% |
| Series | Empire Life Emblem Global Conservative Portfolio GIF Class L |
|---|---|
| 2014 | — |
| 2015 | — |
| 2016 | — |
| 2017 | — |
| 2018 | — |
| 2019 | 6.49% |
| 2020 | 6.54% |
| 2021 | 1.41% |
| 2022 | -6.12% |
| 2023 | 3.67% |
Portfolio Allocations As at June 30, 2024
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Bonds | 37.26% | |
| U.S. Bonds | 28.66% | |
| U.S. Equity | 11.59% | |
| International Equity | 9.58% | |
| Cash and Equivalents | 7.23% | |
| Canadian Equity | 4.25% | |
| International Bond Funds | 1.43% |
Bond Type
| Colours | Name | Weight |
|---|---|---|
| Federal Government | 45.92% | |
| Investment Grade Corporate | 30.23% | |
| High Yield Corporate | 16.94% | |
| Provincial Government | 2.27% | |
| Floating Rate | 2.16% | |
| Preferred Shares | 1.81% | |
| Convertible Bonds | 0.66% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Gov. of Canada, 1.75%, 12/1/2053 | 7.47% |
| Gov. of Canada, 4%, 5/1/2026 | 5.36% |
| Gov. of Canada, 4.5%, 2/1/2026 | 2.63% |
| AutoNation Inc., 3.5%, 11/15/2024 | 2.12% |
| Gov. of Canada, 2.5%, 12/1/2032 | 1.98% |
| Government of Canada 2.000% June 1, 2028 | 1.98% |
| Canada Housing Trust 1.750% June 15, 2030 | 1.96% |
| Gov. of Canada, 2%, 6/1/2032 | 1.82% |
| Gov. of Canada, 1.5%, 6/1/2031 | 1.28% |
| CCO Holdings LLC, 5.13%, 5/1/2027 | 1.12% |
Portfolio Manager(s)
Empire Life Investment Team
Empire Life Investment Team