Overview
Daily NAV
$10.96
0.01% $0.00
September 6, 2024
-
Inception DateNovember 3, 2014
-
Net Assets$270.50 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER0.80%
-
Asset classCanadian Money Market
-
Management Fee1.00%
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 money market securities
Fund codes
Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
---|---|---|---|---|
Class L | ECF12010 | ECF12210 | ECF12310 | ECF12510 |
- * 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 July 31, 2024
Growth of $10,000
Investment value:
$10,914.62
at
July 31, 2024
Compound Returns 2
Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
---|---|---|---|---|---|---|---|---|---|
Empire Life Money Market GIF Class L | 0.38% | 1.14% | 2.33% | 2.78% | 4.82% | 2.43% | 1.49% | — | 0.90% |
Series | Empire Life Money Market GIF Class L |
---|---|
1 mth | 0.38% |
3 mths | 1.14% |
6 mths | 2.33% |
YTD | 2.78% |
1 year | 4.82% |
3 years | 2.43% |
5 years | 1.49% |
10 years | — |
psi | 0.90% |
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 Money Market GIF Class L | — | -0.02% | 0.11% | -0.11% | 0.69% | 0.96% | 0.52% | -0.98% | 0.71% | 4.19% |
Series | Empire Life Money Market GIF Class L |
---|---|
2014 | — |
2015 | -0.02% |
2016 | 0.11% |
2017 | -0.11% |
2018 | 0.69% |
2019 | 0.96% |
2020 | 0.52% |
2021 | -0.98% |
2022 | 0.71% |
2023 | 4.19% |
Portfolio Allocations As at July 31, 2024
Asset Allocation
Colours | Name | Weight |
---|---|---|
Cash and Equivalents | 90.53% | |
Canadian Bonds | 9.47% |
Top 10 Holdings
Name | Weight |
---|---|
ONTARIO POWER GEN 28AUG24 DN | 7.00% |
FED DES CAISSES DESJ 07AUG24 BDN | 5.54% |
FINANCIERE CDP 15AUG24 DN | 4.80% |
BANK OF MONTREAL 21AUG24 BDN | 4.24% |
MUNI FIN AUTH BC 28AUG24 DN | 3.68% |
SUMITOMO BK CORP 09SEP24 BDN | 3.68% |
LAURENTIAN BANK OF CANADA 04OCT24 BDN | 3.67% |
BNP PARIBAS (CA) 08OCT24 BDN | 3.66% |
MANULIFE BANK OF CANADA 13NOV24 BDN | 3.47% |
FED DES CAISSES DESJ 03SEP24 BDN | 3.31% |
Portfolio Manager(s)
![](/seg-funds/img/albert-ngo.jpg)
Albert Ngo
Senior Portfolio Manager, Fixed Income