Overview
Daily NAV
$12.94
0.24% $0.03
July 24, 2026
-
Inception DateMay 29, 2024
-
Net Assets$297.46 million
-
Fund Manager 1The Empire Life Insurance Company
-
Secondary Fund ManagerFidelity Investments Canada
-
Min. Investment$1,000 initial, $50 per fund
-
MER *2.80%
-
Asset classGlobal Neutral Balanced
-
Management Fee2.35%
Risk: Low to Medium
Low
Low To Moderate
Moderate
Moderate To High
High
* The MER is estimated as the fund is less than 12 months old.
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, wanting to invest in stocks and bonds from around the world, including emerging markets, and are willing to accept a low to moderate level of risk.
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class K | ECF11008 | ECF11208 | ECF11308 | ECF11508 |
- * 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, 2026
Growth of $10,000
Investment value:
$13,233.95
at
June 30, 2026
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Fidelity Global Balanced Portfolio GIF Class K | 1.55% | 9.38% | 10.64% | 10.64% | 19.44% | — | — | — | 13.95% |
| Series | Empire Life Fidelity Global Balanced Portfolio GIF Class K |
|---|---|
| 1 mth | 1.55% |
| 3 mths | 9.38% |
| 6 mths | 10.64% |
| YTD | 10.64% |
| 1 year | 19.44% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
| psi | 13.95% |
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 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Fidelity Global Balanced Portfolio GIF Class K | — | — | — | — | — | — | — | — | — | 11.67% |
| Series | Empire Life Fidelity Global Balanced Portfolio GIF Class K |
|---|---|
| 2016 | — |
| 2017 | — |
| 2018 | — |
| 2019 | — |
| 2020 | — |
| 2021 | — |
| 2022 | — |
| 2023 | — |
| 2024 | — |
| 2025 | 11.67% |
Portfolio Allocations As at May 31, 2026
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Information Technology | 23.90% | |
| Financials | 16.56% | |
| Industrials | 14.75% | |
| Materials | 9.87% | |
| Energy | 7.76% | |
| Consumer Discretionary | 7.66% | |
| Communication Services | 6.53% | |
| Consumer Staples | 4.66% | |
| Health Care | 4.37% | |
| Real Estate | 2.04% | |
| Utilities | 1.90% |
Geographic Allocation
| Colours | Name | Weight |
|---|---|---|
| Canada | 47.15% | |
| United States | 15.15% | |
| United Kingdom | 4.09% | |
| Japan | 3.52% | |
| Taiwan | 3.15% | |
| Germany | 2.52% | |
| Netherlands | 2.16% | |
| China | 2.14% | |
| South Korea | 2.09% | |
| France | 2.01% | |
| Other | 10.80% |
Credit Ratings
| Colours | Name | Weight |
|---|---|---|
| AAA | 20.59% | |
| AA | 4.93% | |
| A | 7.56% | |
| BBB | 5.77% | |
| BB | 1.17% | |
| B | 0.44% | |
| CCC | 0.09% | |
| CC | 0.00% | |
| C | 0.00% | |
| D | ||
| NR (Non-rated) | 59.46% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| International Equity | 23.72% | |
| U.S. Equity | 22.42% | |
| Canadian Equity | 20.13% | |
| Canadian Bonds | 10.08% | |
| International Bond Funds | 8.06% | |
| U.S. Bonds | 4.60% | |
| Cash and Equivalents | 2.82% | |
| Mutual Funds | 2.27% | |
| Other | 0.67% |
Currency Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian dollar | 43.81% | |
| United States dollar | 21.73% | |
| Euro | 9.44% | |
| Pound sterling | 3.49% | |
| Japanese yen | 3.39% | |
| New Taiwan dollar | 2.77% | |
| South Korean won | 2.09% | |
| Swiss franc | 1.17% | |
| Hong Kong dollar | 1.16% | |
| Renminbi (Chinese) yuan | 0.89% | |
| Other | 4.83% |
Bond Term Allocation
| Colours | Name | Weight |
|---|---|---|
| Between 5 and 10 years | 37.90% | |
| Between 1 and 5 years | 29.61% | |
| More than 20 years | 19.87% | |
| Between 10 and 20 years | 12.61% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Fidelity Canadian Bond Multi-Asset Base Fund | 8.60% |
| Fidelity Emerging Markets Fund | 7.98% |
| Fidelity Global Innovators Investment Trust | 7.39% |
| Fidelity Canadian Disciplined Equity Fund | 6.13% |
| Fidelity Developed International Bond Multi-Asset Base Fund | 5.86% |
| Fidelity Canadian Equity Multi-Asset Base Fund | 4.61% |
| Fidelity U.S. All Cap Fund | 4.56% |
| Fidelity Canadian Growth Company Fund | 3.87% |
| Fidelity Insights Currency Neutral Multi-Asset Base Fund | 3.85% |
| Fidelity International Growth Multi-Asset Base Fund | 3.84% |
Portfolio Manager(s)
Empire Life Investment Team
Empire Life Investment Team