Overview
Daily NAV
$12.39
-0.10% ($0.01)
September 20, 2023
-
Inception DateNovember 3, 2014
-
Net Assets$444.67 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER2.84%
-
Asset classCanadian Neutral Balanced
-
Management Fee2.10%
Risk: Low to Medium
Low
Low To Moderate
Moderate
Moderate To High
High
1 Empire Life Investments Inc. is the portfolio manager of the Empire Life segregated funds and is a wholly owned subsidiary of The Empire Life Insurance Company.
Why Invest
You are seeking growth and income by investing in a strategic mix of primarily Canadian equity and fixed income securities.
Performance As at August 31, 2023
Growth of $10,000
Investment value:
$12,523.56
at
August 31, 2023
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Balanced GIF Class L | -0.35% | 1.44% | 0.45% | 2.15% | 3.89% | 2.55% | 2.25% | — | 2.58% |
| Series | Empire Life Balanced GIF Class L |
|---|---|
| 1 mth | -0.35% |
| 3 mths | 1.44% |
| 6 mths | 0.45% |
| YTD | 2.15% |
| 1 year | 3.89% |
| 3 years | 2.55% |
| 5 years | 2.25% |
| 10 years | — |
| psi | 2.58% |
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 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Balanced GIF Class L | — | — | 0.53% | 4.87% | 3.95% | -5.16% | 12.05% | 4.18% | 7.64% | -6.98% |
| Series | Empire Life Balanced GIF Class L |
|---|---|
| 2013 | — |
| 2014 | — |
| 2015 | 0.53% |
| 2016 | 4.87% |
| 2017 | 3.95% |
| 2018 | -5.16% |
| 2019 | 12.05% |
| 2020 | 4.18% |
| 2021 | 7.64% |
| 2022 | -6.98% |
Portfolio Allocations As at August 31, 2023
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 25.81% | |
| Energy | 14.71% | |
| Industrials | 14.05% | |
| Information Technology | 10.84% | |
| Consumer Discretionary | 6.32% | |
| Health Care | 6.29% | |
| Materials | 6.10% | |
| Consumer Staples | 5.27% | |
| Utilities | 4.66% | |
| Communication Services | 4.22% | |
| Real Estate | 1.71% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Bonds | 37.65% | |
| Canadian Equity | 30.18% | |
| U.S. Equity | 18.46% | |
| Cash and Equivalents | 4.74% | |
| International Equity | 4.70% | |
| U.S. Bonds | 4.24% | |
| International Bond Funds | 0.31% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ROYAL BK OF CAD 5.3% 01SEP23 $USD TD | 2.29% |
| ROYAL BK OF CAD 4.95% 01SEP23 TD | 1.83% |
| Toronto-Dominion Bank | 1.74% |
| Royal Bank of Canada | 1.69% |
| Gov. of Canada, 2.5%, 12/1/2032 | 1.67% |
| Government of Canada 2.000% December 1, 2051 | 1.50% |
| Microsoft Corporation | 1.30% |
| Gov. of Canada, 1.5%, 12/1/2031 | 1.15% |
| Canadian Natural Resources Limited | 1.01% |
| Alimentation Couche-Tard Inc. Com | 0.95% |
Portfolio Manager(s)
Empire Life Investment Team
Empire Life Investment Team
Empire Life Investment Team
Empire Life Investment Team