Overview

Daily NAV
$11.76
-0.39% ($0.05)
February 3, 2023
  • Inception Date
    November 3, 2014
  • Net Assets
    $389.36 million
  • Fund Manager 1
    Empire Life Investments Inc.
  • Min. Investment
    $1,000 initial, $50 per fund
  • MER
    2.64%
  • Asset class
    Canadian Fixed Income Balanced

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 in a strategic mix of primarily Canadian equity and fixed income securities.

Fund codes

Series Front-end load Low load No load Deferred Sales Charge
Class L ECF12025 ECF12225 ECF12325 ECF12525

Performance As at December 31, 2022

Growth of $10,000

Investment value: $11,371.77 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 Income GIF Class L -2.34% 2.60% 2.11% -9.05% -9.05% -0.35% 0.81% 1.59%
Series Empire Life Income GIF Class L
1 mth -2.34%
3 mths 2.60%
6 mths 2.11%
YTD -9.05%
1 year -9.05%
3 years -0.35%
5 years 0.81%
10 years
psi 1.59%

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 Income GIF Class L 0.42% 3.90% 3.40% -4.18% 9.79% 4.32% 4.30% -9.05%
Series Empire Life Income GIF Class L
2013
2014
2015 0.42%
2016 3.90%
2017 3.40%
2018 -4.18%
2019 9.79%
2020 4.32%
2021 4.30%
2022 -9.05%

Portfolio Allocations As at December 31, 2022

Asset Allocation

Colours Name Weight
Canadian Bonds 53.09%
Canadian Equity 21.37%
U.S. Equity 12.98%
Cash and Equivalents 4.92%
U.S. Bonds 4.87%
International Equity 2.59%
International Bond Funds 0.17%

Bond Type

Colours Name Weight
Investment Grade Corporate 47.40%
Provincial Government 23.55%
Federal Government 22.05%
High Yield Corporate 3.04%
Floating Rate 1.88%
Preferred Shares 1.31%
Municipal Government 0.53%
Convertible bonds 0.25%

Top 10 Holdings

Name Weight
ROYAL BK OF CANADA 4.2% 03JAN23 TD 2.60%
Gov. of Canada, 1.75%, 12/1/2053 1.68%
Gov. of Canada, 2%, 6/1/2032 1.44%
Royal Bank of Canada 1.34%
Province of Ontario 4.700% June 2, 2037 1.24%
Toronto-Dominion Bank 1.12%
ROYAL BK OF CANADA 4.28% 03JAN23 $USD TD 1.02%
McDonald's Corp., 3.13%, 3/4/2025 0.99%
407 International Inc. 2.430% May 4, 2027 0.99%
Canada Housing Trust 1.750% June 15, 2030 0.92%

Historical Net Asset Values

Start Date

End Date

Effective Date Net Asset Value Distributions
2023-02-03 $11.76
2023-02-02 $11.80
2023-02-01 $11.79
2023-01-31 $11.75
2023-01-30 $11.71
2023-01-27 $11.75
2023-01-26 $11.78
2023-01-25 $11.78
2023-01-24 $11.75
2023-01-23 $11.73
2023-01-20 $11.74
2023-01-19 $11.75
2023-01-18 $11.75
2023-01-17 $11.73
2023-01-16 $11.73
2023-01-13 $11.71
2023-01-12 $11.69
2023-01-11 $11.61
2023-01-10 $11.53
2023-01-09 $11.52
2023-01-06 $11.52
2023-01-05 $11.44
2023-01-04 $11.46
2023-01-03 $11.42
2022-12-30 $11.37
2022-12-28 $11.34
2022-12-23 $11.44
2022-12-22 $11.46
2022-12-21 $11.52
2022-12-20 $11.47
2022-12-19 $11.50
2022-12-16 $11.58
2022-12-15 $11.60
2022-12-14 $11.64
2022-12-13 $11.65
2022-12-12 $11.62
2022-12-09 $11.61
2022-12-08 $11.66
2022-12-07 $11.66
2022-12-06 $11.65
2022-12-05 $11.66
2022-12-02 $11.74
2022-12-01 $11.71
2022-11-30 $11.64
2022-11-29 $11.57
2022-11-28 $11.56
2022-11-25 $11.61
2022-11-24 $11.59
2022-11-23 $11.57
2022-11-22 $11.52
2022-11-21 $11.45
2022-11-18 $11.41
2022-11-17 $11.40
2022-11-16 $11.42
2022-11-15 $11.40
2022-11-14 $11.35
2022-11-11 $11.38
2022-11-10 $11.37
2022-11-09 $11.13
2022-11-08 $11.17
2022-11-07 $11.11
2022-11-04 $11.13
2022-11-03 $11.14
2022-11-02 $11.20
2022-11-01 $11.29
2022-10-31 $11.26
2022-10-28 $11.29
2022-10-27 $11.25
2022-10-26 $11.21
2022-10-25 $11.10
2022-10-24 $11.03
2022-10-21 $10.99
2022-10-20 $10.91
2022-10-19 $10.99
2022-10-18 $11.10
2022-10-17 $11.02
2022-10-14 $10.96
2022-10-13 $11.05
2022-10-12 $10.95
2022-10-11 $10.95
2022-10-07 $11.04
2022-10-06 $11.15
2022-10-05 $11.21
2022-10-04 $11.27
2022-10-03 $11.16
2022-09-30 $11.08
2022-09-29 $11.09
2022-09-28 $11.19
2022-09-26 $11.08
2022-09-23 $11.15
2022-09-22 $11.23
2022-09-21 $11.28
2022-09-19 $11.31
2022-09-16 $11.29
2022-09-15 $11.31
2022-09-14 $11.33
2022-09-13 $11.30
2022-09-12 $11.40
2022-09-09 $11.37
2022-09-08 $11.28
2022-09-07 $11.29
2022-09-06 $11.22
2022-09-02 $11.28
2022-09-01 $11.25
2022-08-31 $11.29
2022-08-30 $11.34
2022-08-29 $11.38
2022-08-26 $11.41
2022-08-25 $11.50
2022-08-24 $11.44
2022-08-23 $11.45
2022-08-22 $11.49
2022-08-19 $11.57
2022-08-18 $11.62
2022-08-17 $11.61
2022-08-16 $11.66
2022-08-15 $11.66
2022-08-12 $11.63
2022-08-11 $11.55
2022-08-10 $11.57
2022-08-09 $11.51
2022-08-08 $11.53
2022-08-05 $11.51
2022-08-04 $11.53
2022-08-03 $11.52
2022-08-02 $11.47
2022-07-29 $11.55
2022-07-28 $11.51
2022-07-27 $11.40
2022-07-26 $11.33
2022-07-25 $11.35
2022-07-22 $11.34
2022-07-21 $11.32
2022-07-20 $11.24
2022-07-19 $11.23
2022-07-18 $11.15
2022-07-15 $11.16
2022-07-14 $11.11
2022-07-13 $11.14
2022-07-12 $11.15
2022-07-11 $11.16
2022-07-08 $11.18
2022-07-07 $11.21
2022-07-06 $11.17
2022-07-05 $11.21
2022-07-04 $11.19
2022-06-30 $11.13
2022-06-29 $11.15
2022-06-28 $11.14
2022-06-27 $11.16
2022-06-24 $11.16
2022-06-23 $11.09
2022-06-22 $11.06
2022-06-21 $11.07
2022-06-20 $11.06
2022-06-17 $11.03
2022-06-16 $11.02
2022-06-15 $11.12
2022-06-14 $11.05
2022-06-13 $11.12
2022-06-10 $11.31
2022-06-09 $11.41
2022-06-08 $11.45
2022-06-07 $11.52
2022-06-06 $11.50
2022-06-03 $11.54
2022-06-02 $11.62
2022-06-01 $11.58
2022-05-31 $11.62
2022-05-30 $11.68
2022-05-27 $11.68
2022-05-26 $11.61
2022-05-25 $11.58
2022-05-24 $11.54
2022-05-20 $11.48
2022-05-19 $11.46
2022-05-18 $11.44
2022-05-17 $11.52
2022-05-16 $11.52
2022-05-13 $11.49
2022-05-12 $11.43
2022-05-11 $11.41
2022-05-10 $11.44
2022-05-09 $11.43
2022-05-06 $11.53
2022-05-05 $11.56
2022-05-04 $11.71
2022-05-03 $11.63
2022-05-02 $11.62
2022-04-29 $11.64
2022-04-28 $11.78
2022-04-27 $11.69
2022-04-26 $11.70
2022-04-25 $11.74
2022-04-22 $11.73
2022-04-21 $11.81
2022-04-20 $11.90
2022-04-19 $11.90
2022-04-18 $11.88
2022-04-14 $11.90
2022-04-13 $11.95
2022-04-12 $11.92
2022-04-11 $11.91
2022-04-08 $11.97
2022-04-07 $11.98
2022-04-06 $11.97
2022-04-05 $12.00
2022-04-04 $12.06
2022-04-01 $12.04
2022-03-31 $12.04
2022-03-30 $12.05
2022-03-29 $12.05
2022-03-28 $12.00
2022-03-25 $11.96
2022-03-24 $11.99
2022-03-23 $12.00
2022-03-22 $12.00
2022-03-21 $12.01
2022-03-18 $12.06
2022-03-17 $12.03
2022-03-16 $11.99
2022-03-15 $11.90
2022-03-14 $11.90
2022-03-11 $12.00
2022-03-10 $12.06
2022-03-09 $12.09
2022-03-08 $12.04
2022-03-07 $12.09
2022-03-04 $12.20
2022-03-03 $12.15
2022-03-02 $12.17
2022-03-01 $12.15
2022-02-28 $12.13
2022-02-25 $12.12
2022-02-24 $12.04
2022-02-23 $12.00
2022-02-22 $12.07
2022-02-18 $12.12
2022-02-17 $12.14
2022-02-16 $12.18
2022-02-15 $12.18
2022-02-14 $12.16
2022-02-11 $12.22
2022-02-10 $12.21
2022-02-09 $12.29
2022-02-08 $12.25
2022-02-07 $12.23

Portfolio Manager(s)

Ian Fung

Portfolio Manager, Fixed Income

Jennifer Law

Senior Portfolio Manager, Canadian Equities

Sara Shahram

Portfolio Manager, Canadian Equities

Ashley Misquitta

Senior Portfolio Manager, U.S. & Global Equities