Overview
Daily NAV
$11.59
-0.06% ($0.01)
February 3, 2023
-
Inception DateMay 28, 2018
-
Net Assets$170.68 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER3.18%
-
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 global 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 L | ECF12043 | ECF12243 | ECF12343 | ECF12543 |
Performance As at December 31, 2022
Growth of $10,000
Investment value:
$11,331.91
at
December 30, 2022
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Global Asset Allocation GIF Class L | -0.90% | 8.22% | 7.21% | -4.48% | -4.48% | 1.94% | — | — | 2.72% |
| Series | Empire Life Global Asset Allocation GIF Class L |
|---|---|
| 1 mth | -0.90% |
| 3 mths | 8.22% |
| 6 mths | 7.21% |
| YTD | -4.48% |
| 1 year | -4.48% |
| 3 years | 1.94% |
| 5 years | — |
| 10 years | — |
| psi | 2.72% |
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 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Global Asset Allocation GIF Class L | — | — | — | — | — | — | 12.57% | 5.25% | 5.36% | -4.48% |
| Series | Empire Life Global Asset Allocation GIF Class L |
|---|---|
| 2013 | — |
| 2014 | — |
| 2015 | — |
| 2016 | — |
| 2017 | — |
| 2018 | — |
| 2019 | 12.57% |
| 2020 | 5.25% |
| 2021 | 5.36% |
| 2022 | -4.48% |
Portfolio Allocations As at December 31, 2022
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 20.15% | |
| Health Care | 16.77% | |
| Energy | 11.95% | |
| Consumer Discretionary | 11.50% | |
| Information Technology | 11.29% | |
| Industrials | 9.18% | |
| Communication Services | 6.39% | |
| Consumer Staples | 5.10% | |
| Utilities | 3.24% | |
| Materials | 2.39% | |
| Real Estate | 2.03% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| U.S. Equity | 37.95% | |
| U.S. Bonds | 24.43% | |
| International Equity | 19.10% | |
| Canadian Bonds | 8.74% | |
| Canadian Equity | 5.30% | |
| Cash and Equivalents | 3.58% | |
| International Bond Funds | 0.90% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ROYAL BK OF CANADA 4.2% 03JAN23 TD | 2.52% |
| Valero Energy Corporation | 2.31% |
| UnitedHealth Group Inc. | 2.01% |
| Maxar Technologies Inc. | 1.87% |
| Cintas Corporation | 1.59% |
| Ross Stores Inc. | 1.59% |
| Bristol-Myers Squibb Company | 1.59% |
| Compass Group PLC | 1.58% |
| Canadian Natural Resources Limited | 1.55% |
| Altria Group Inc. | 1.54% |
Portfolio Manager(s)
Ashley Misquitta
Senior Portfolio Manager, U.S. & Global Equities
Albert Ngo
Senior Portfolio Manager, Fixed Income
David Mann
Senior Portfolio Manager, Global Equities
Empire Life Investment Team
Empire Life Investment Team