Overview
Daily NAV
$15.03
-0.45% ($0.07)
October 21, 2024
-
Inception DateApril 20, 2015
-
Net Assets$1.00 billion
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER2.59%
-
Asset classCanadian Dividend & Income Equity
-
Management Fee2.25%
Risk: Low to Medium
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 growth by investing primarily in dividend paying Canadian equity securities
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class K | ECF11045 | ECF11245 | ECF11345 | ECF11545 |
- * 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 September 30, 2024
Growth of $10,000
Investment value:
$14,793.48
at
September 30, 2024
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Dividend Growth GIF Class K | 3.19% | 11.04% | 8.57% | 13.54% | 21.15% | 6.64% | 6.40% | — | 4.25% |
| Series | Empire Life Dividend Growth GIF Class K |
|---|---|
| 1 mth | 3.19% |
| 3 mths | 11.04% |
| 6 mths | 8.57% |
| YTD | 13.54% |
| 1 year | 21.15% |
| 3 years | 6.64% |
| 5 years | 6.40% |
| 10 years | — |
| psi | 4.25% |
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 Dividend Growth GIF Class K | — | — | 16.76% | 5.81% | -15.13% | 12.86% | -5.13% | 20.84% | -5.20% | 7.58% |
| Series | Empire Life Dividend Growth GIF Class K |
|---|---|
| 2014 | — |
| 2015 | — |
| 2016 | 16.76% |
| 2017 | 5.81% |
| 2018 | -15.13% |
| 2019 | 12.86% |
| 2020 | -5.13% |
| 2021 | 20.84% |
| 2022 | -5.20% |
| 2023 | 7.58% |
Portfolio Allocations As at September 30, 2024
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 30.71% | |
| Energy | 13.68% | |
| Communication Services | 9.58% | |
| Industrials | 9.11% | |
| Materials | 8.71% | |
| Consumer Staples | 7.60% | |
| Utilities | 7.58% | |
| Consumer Discretionary | 4.45% | |
| Real Estate | 3.30% | |
| Information Technology | 2.70% | |
| Health Care | 2.58% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Equity | 82.98% | |
| International Equity | 8.15% | |
| U.S. Equity | 7.97% | |
| Cash and Equivalents | 0.90% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Toronto-Dominion Bank | 5.93% |
| Royal Bank of Canada | 5.76% |
| Sun Life Financial Inc. | 3.28% |
| TELUS Corporation | 3.10% |
| TC Energy Corporation | 2.92% |
| Rogers Communications Inc. 'B' | 2.78% |
| Bank of Montreal | 2.60% |
| Enbridge Inc. | 2.57% |
| Emera Inc. | 2.39% |
| Brookfield Infrastructure Partners L.P. Partnership Units | 2.39% |
Portfolio Manager(s)
Doug Cooper
Senior Portfolio Manager, Canadian Equities
Empire Life Investment Team
Empire Life Investment Team