Overview
Daily NAV
$12.99
1.20% $0.15
July 17, 2025
-
Inception DateMay 29, 2024
-
Net Assets$41.62 million
-
Fund Manager 1The Empire Life Insurance Company
-
Secondary Fund ManagerFidelity Investments Canada
-
Min. Investment$1,000 initial, $50 per fund
-
MER *3.59%
-
Asset classGlobal Equity
-
Management Fee2.50%
Risk: Medium to High
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 long-term capital growth through investment in a flexible investment strategy targeting innovative companies from around the world, including the U.S., and are willing to accept a moderate to high level of risk.
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class L | ECF12007 | ECF12207 | ECF12307 | ECF12507 |
- * 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, 2025
Growth of $10,000
Investment value:
$12,018.99
at
June 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 Innovators® GIF Class L | 7.31% | 13.15% | 2.93% | 2.93% | 16.28% | — | — | — | 21.82% |
| Series | Empire Life Fidelity Global Innovators® GIF Class L |
|---|---|
| 1 mth | 7.31% |
| 3 mths | 13.15% |
| 6 mths | 2.93% |
| YTD | 2.93% |
| 1 year | 16.28% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
| psi | 21.82% |
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 May 31, 2025
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Information Technology | 43.58% | |
| Communication Services | 17.14% | |
| Consumer Discretionary | 15.91% | |
| Industrials | 6.69% | |
| Consumer Staples | 6.50% | |
| Financials | 4.31% | |
| Materials | 3.74% | |
| Health Care | 2.10% | |
| Real Estate | 0.02% |
Geographic Allocation
| Colours | Name | Weight |
|---|---|---|
| United States | 69.76% | |
| Canada | 9.51% | |
| Taiwan | 3.38% | |
| Germany | 3.07% | |
| China | 2.65% | |
| United Kingdom | 2.09% | |
| Italy | 1.93% | |
| Japan | 1.59% | |
| Netherlands | 1.54% | |
| Uruguay | 1.29% | |
| Other | 3.38% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| U.S. Equity | 68.86% | |
| International Equity | 20.59% | |
| Canadian Equity | 5.61% | |
| Cash and Equivalents | 4.88% | |
| U.S. Bonds | 0.18% | |
| Canadian Bonds | 0.05% | |
| International Bond Funds | 0.03% |
Currency Allocation
| Colours | Name | Weight |
|---|---|---|
| United States dollar | 83.20% | |
| Euro | 6.14% | |
| Canadian dollar | 4.27% | |
| Hong Kong dollar | 2.66% | |
| Pound sterling | 2.07% | |
| Japanese yen | 1.59% | |
| Israeli new shekel | 0.39% | |
| Polish złoty | 0.04% | |
| Swiss franc | -0.16% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Microsoft Corp. Com | 10.15% |
| NVIDIA Corp. Com | 7.75% |
| Amazon.com Inc. Com | 7.17% |
| Apple Inc. Com | 5.72% |
| Roblox Corp. Com Cl A | 5.09% |
| Meta Platforms Inc. Cl A | 4.87% |
| AppLovin Corp. Com Cl A | 4.78% |
| Taiwan Semiconductor Manufacturing Co. Ltd. Sponsored ADR Sponsored Adr | 3.38% |
| ROYAL BK OF CAD 2.65% 02JUN25 TD | 3.17% |
| Agnico-Eagle Mines Ltd. Com | 2.38% |
Portfolio Manager(s)
Empire Life Investment Team
Empire Life Investment Team