Overview
Daily NAV
$10.17
0.18% $0.02
May 23, 2025
-
Inception DateOctober 17, 2017
-
Net Assets$642.21 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$10,000 initial, $500 per fund
-
MER2.04%
-
Asset classCanadian Fixed Income
Risk: Low
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 income by investing primarily in Canadian investment grade fixed income securities
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class R | ECF14020 | ECF14220 | ECF14320 | ECF14520 |
- * 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 April 30, 2025
Growth of $10,000
Investment value:
$10,276.60
at
April 30, 2025
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Bond GIF Class R | -0.88% | -0.48% | 1.27% | 0.53% | 7.23% | 1.84% | -1.11% | — | 0.36% |
| Series | Empire Life Bond GIF Class R |
|---|---|
| 1 mth | -0.88% |
| 3 mths | -0.48% |
| 6 mths | 1.27% |
| YTD | 0.53% |
| 1 year | 7.23% |
| 3 years | 1.84% |
| 5 years | -1.11% |
| 10 years | — |
| psi | 0.36% |
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 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Bond GIF Class R | — | — | — | -1.50% | 5.49% | 6.77% | -3.80% | -12.35% | 4.99% | 3.08% |
| Series | Empire Life Bond GIF Class R |
|---|---|
| 2015 | — |
| 2016 | — |
| 2017 | — |
| 2018 | -1.50% |
| 2019 | 5.49% |
| 2020 | 6.77% |
| 2021 | -3.80% |
| 2022 | -12.35% |
| 2023 | 4.99% |
| 2024 | 3.08% |
Portfolio Allocations As at April 30, 2025
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Bonds | 91.50% | |
| U.S. Bonds | 7.23% | |
| Canadian Equity | 0.78% | |
| Cash and Equivalents | 0.50% | |
| International Bond Funds | 0.37% | |
| International Equity | 0.00% |
Bond Type
| Colours | Name | Weight |
|---|---|---|
| Investment Grade Corporate | 46.69% | |
| Federal Government | 23.92% | |
| Provincial Government | 19.81% | |
| Floating Rate | 6.61% | |
| High Yield Corporate | 2.45% | |
| Convertible Bonds | 0.35% | |
| Preferred Shares | 0.17% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Gov. of Canada, 2.75%, 12/1/2055 | 3.12% |
| Province of Ontario, 3.8%, 12/2/2034 | 1.91% |
| Gov. of Canada, 2%, 6/1/2032 | 1.59% |
| Province of Quebec 3.500% December 1, 2045 | 1.51% |
| Gov. of Canada, 3.25%, 12/1/2034 | 1.41% |
| Gov. of Canada, 4%, 5/1/2026 | 1.32% |
| Province of Ontario, 4.6%, 6/2/2039 | 1.17% |
| Government of Canada 2.750% December 1, 2048 | 1.05% |
| CPPIB CAPITAL INC 3.35% 02DEC30 | 1.04% |
| Gov. of Canada, 2.5%, 12/1/2032 | 1.03% |
Portfolio Manager(s)
Ian Fung
Portfolio Manager, Fixed Income
Empire Life Investment Team
Empire Life Investment Team