Overview
Daily NAV
$11.06
-0.13% ($0.01)
July 4, 2025
-
Inception DateMay 29, 2024
-
Net Assets$113.80 million
-
Fund Manager 1The Empire Life Insurance Company
-
Secondary Fund ManagerFidelity Investments Canada
-
Min. Investment$1,000 initial, $50 per fund
-
MER *2.33%
-
Asset classGlobal Neutral Balanced
-
Management Fee1.35%
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 | F-Class/Fee For Service (Nominee Name) | F-Class/Fee For Service (Client Name) |
|---|---|---|
| Class W | ECF13708 | ECF13808 |
Performance As at May 31, 2025
Growth of $10,000
Investment value:
$10,880.37
at
May 30, 2025
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 W | 2.93% | -1.49% | 0.81% | 1.27% | 8.78% | — | — | — | 7.94% |
| Series | Empire Life Fidelity Global Balanced Portfolio GIF Class W |
|---|---|
| 1 mth | 2.93% |
| 3 mths | -1.49% |
| 6 mths | 0.81% |
| YTD | 1.27% |
| 1 year | 8.78% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
| psi | 7.94% |
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.
Portfolio Allocations As at April 30, 2025
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 21.03% | |
| Information Technology | 15.25% | |
| Industrials | 14.52% | |
| Consumer Discretionary | 9.68% | |
| Consumer Staples | 8.27% | |
| Materials | 8.15% | |
| Communication Services | 7.88% | |
| Energy | 5.81% | |
| Health Care | 5.72% | |
| Utilities | 2.01% | |
| Real Estate | 1.69% |
Geographic Allocation
| Colours | Name | Weight |
|---|---|---|
| Canada | 38.98% | |
| United States | 26.41% | |
| United Kingdom | 4.16% | |
| Germany | 3.96% | |
| Japan | 3.23% | |
| China | 2.89% | |
| France | 2.29% | |
| Netherlands | 1.89% | |
| Switzerland | 1.12% | |
| Taiwan | 0.99% | |
| Other | 11.85% |
Credit Ratings
| Colours | Name | Weight |
|---|---|---|
| AAA | 33.58% | |
| AA | 1.27% | |
| A | 3.60% | |
| BBB | 6.95% | |
| BB | 1.67% | |
| B | 0.52% | |
| CCC | 0.14% | |
| CC | 0.01% | |
| C | 0.01% | |
| D | ||
| NR (Non-rated) | 52.26% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| U.S. Equity | 23.66% | |
| International Equity | 22.00% | |
| Canadian Equity | 16.01% | |
| International Bond Funds | 10.10% | |
| U.S. Bonds | 9.33% | |
| Mutual Funds | 7.04% | |
| Cash and Equivalents | 6.42% | |
| Canadian Bonds | 1.99% | |
| Other | 1.22% |
Currency Allocation
| Colours | Name | Weight |
|---|---|---|
| United States dollar | 35.77% | |
| Canadian dollar | 34.07% | |
| Euro | 11.23% | |
| Pound sterling | 3.56% | |
| Japanese yen | 3.14% | |
| Hong Kong dollar | 1.53% | |
| Swiss franc | 0.94% | |
| South Korean won | 0.83% | |
| New Taiwan dollar | 0.81% | |
| Indian rupee | 0.73% | |
| Other | 5.16% |
Bond Term Allocation
| Colours | Name | Weight |
|---|---|---|
| Between 5 and 10 years | 42.75% | |
| Between 1 and 5 years | 29.74% | |
| More than 20 years | 17.69% | |
| Between 10 and 20 years | 9.82% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Fidelity Multi-Sector Bond Fund | 9.20% |
| Fidelity Canadian Disciplined Equity Fund | 7.12% |
| Fidelity Developed International Bond Multi-Asset Base Fund | 6.06% |
| Fidelity Emerging Markets Fund | 6.05% |
| Fidelity Global Innovators Investment Trust | 5.62% |
| Fidelity Insights Currency Neutral Multi-Asset Base Fund | 4.98% |
| Fidelity International Growth Multi-Asset Base Fund | 4.72% |
| Fidelity Insights Investment Trust | 4.26% |
| Can Bond MA Base - Ser O | 4.09% |
| Fidelity U.S. All Cap Fund | 3.95% |
Portfolio Manager(s)
Empire Life Investment Team
Empire Life Investment Team