Overview
Daily NAV
$13.50
0.56% $0.08
December 20, 2024
-
Inception DateApril 20, 2015
-
Net Assets$58.17 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER2.84%
-
Asset classCanadian Neutral Balanced
-
Management Fee2.10%
Risk: Low to Medium
Low
Low To Moderate
Moderate
Moderate To High
High
1 Empire Life Investments Inc. is the Portfolio Manager of certain 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 Canadian equity and fixed income securities.
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class L | ECF12048 | ECF12248 | ECF12348 | ECF12548 |
- * 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 November 30, 2024
Growth of $10,000
Investment value:
$13,846.13
at
November 29, 2024
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Monthly Income GIF Class L | 2.94% | 4.65% | 7.89% | 10.67% | 14.77% | 3.54% | 4.49% | — | 3.44% |
| Series | Empire Life Monthly Income GIF Class L |
|---|---|
| 1 mth | 2.94% |
| 3 mths | 4.65% |
| 6 mths | 7.89% |
| YTD | 10.67% |
| 1 year | 14.77% |
| 3 years | 3.54% |
| 5 years | 4.49% |
| 10 years | — |
| psi | 3.44% |
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 Monthly Income GIF Class L | — | — | 6.71% | 4.33% | -6.23% | 10.67% | 2.59% | 12.31% | -7.87% | 5.50% |
| Series | Empire Life Monthly Income GIF Class L |
|---|---|
| 2014 | — |
| 2015 | — |
| 2016 | 6.71% |
| 2017 | 4.33% |
| 2018 | -6.23% |
| 2019 | 10.67% |
| 2020 | 2.59% |
| 2021 | 12.31% |
| 2022 | -7.87% |
| 2023 | 5.50% |
Portfolio Allocations As at November 30, 2024
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 31.75% | |
| Industrials | 14.18% | |
| Energy | 13.71% | |
| Materials | 9.54% | |
| Consumer Staples | 6.96% | |
| Information Technology | 6.70% | |
| Utilities | 5.71% | |
| Real Estate | 4.77% | |
| Consumer Discretionary | 2.87% | |
| Communication Services | 2.73% | |
| Health Care | 1.06% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Equity | 53.37% | |
| Canadian Bonds | 35.78% | |
| U.S. Equity | 3.61% | |
| Cash and Equivalents | 2.72% | |
| International Equity | 2.61% | |
| U.S. Bonds | 1.92% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Royal Bank of Canada | 3.75% |
| Toronto-Dominion Bank | 2.69% |
| ROYAL BK OF CAD 3.7% 02DEC24 TD | 2.51% |
| Brookfield Asset Management Inc. 'A' | 1.90% |
| Enbridge Inc. | 1.90% |
| Bank of Montreal | 1.88% |
| Canadian Pacific Railway Limited | 1.64% |
| Canadian Imperial Bank of Commerce | 1.59% |
| Agnico-Eagle Mines Ltd. Com | 1.57% |
| Brookfield Infrastructure Partners L.P. Partnership Units | 1.52% |
Portfolio Manager(s)
Jennifer Law
Senior Portfolio Manager, Canadian Equities