Overview
Daily NAV
$12.50
0.23% $0.03
February 3, 2023
-
Inception DateNovember 3, 2014
-
Net Assets$551.93 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER3.04%
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Asset classCanadian Equity Balanced
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 primarily in equity and fixed income investment funds, with a target equity allocation of 80%
Fund codes
| Series | Front-end load | Low load | No load | Deferred Sales Charge |
|---|---|---|---|---|
| Class L | ECF12046 | ECF12246 | ECF12346 | ECF12546 |
Performance As at December 31, 2022
Growth of $10,000
Investment value:
$11,894.98
at
December 30, 2022
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Dividend Balanced GIF Class L | -3.47% | 4.48% | 2.60% | -7.07% | -7.07% | 1.20% | 0.19% | — | 2.15% |
| Series | Empire Life Dividend Balanced GIF Class L |
|---|---|
| 1 mth | -3.47% |
| 3 mths | 4.48% |
| 6 mths | 2.60% |
| YTD | -7.07% |
| 1 year | -7.07% |
| 3 years | 1.20% |
| 5 years | 0.19% |
| 10 years | — |
| psi | 2.15% |
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 Dividend Balanced GIF Class L | — | — | -1.66% | 13.49% | 4.98% | -12.41% | 11.17% | -2.93% | 14.91% | -7.07% |
| Series | Empire Life Dividend Balanced GIF Class L |
|---|---|
| 2013 | — |
| 2014 | — |
| 2015 | -1.66% |
| 2016 | 13.49% |
| 2017 | 4.98% |
| 2018 | -12.41% |
| 2019 | 11.17% |
| 2020 | -2.93% |
| 2021 | 14.91% |
| 2022 | -7.07% |
Portfolio Allocations As at December 31, 2022
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 30.53% | |
| Energy | 15.78% | |
| Industrials | 8.52% | |
| Communication Services | 8.28% | |
| Consumer Staples | 8.05% | |
| Materials | 7.70% | |
| Consumer Discretionary | 6.29% | |
| Utilities | 4.50% | |
| Health Care | 4.50% | |
| Information Technology | 3.04% | |
| Real Estate | 2.82% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Equity | 65.01% | |
| Canadian Bonds | 17.48% | |
| U.S. Equity | 8.01% | |
| International Equity | 5.61% | |
| Cash and Equivalents | 2.30% | |
| U.S. Bonds | 1.53% | |
| International Bond Funds | 0.05% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Royal Bank of Canada | 4.89% |
| Toronto-Dominion Bank | 4.33% |
| Bank of Nova Scotia | 2.93% |
| Enbridge Inc. | 2.90% |
| TC Energy Corporation | 2.60% |
| Emera Inc. | 2.59% |
| Rogers Communications Inc. 'B' | 2.36% |
| Restaurant Brands International Inc. | 2.16% |
| Bank of Montreal | 2.12% |
| Alimentation Couche-Tard Inc. Com | 2.10% |
Underlying Fund Holdings
| Name | Weight |
|---|---|
| Empire Life Dividend Growth Fund | 79.52% |
| Empire Life Bond Fund | 19.37% |
Portfolio Manager(s)
Empire Life Investment Team
Empire Life Investment Team