Overview

Daily NAV
$13.92
-0.33% ($0.05)
July 24, 2024
  • Inception Date
    April 20, 2015
  • Net Assets
    $967.65 million
  • Fund Manager 1
    Empire Life Investments Inc.
  • Min. Investment
    $1,000 initial, $50 per fund
  • MER
    2.59%
  • Asset class
    Canadian Dividend & Income Equity
  • Management Fee
    2.25%

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 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 June 30, 2024

Growth of $10,000

Investment value: $13,323.19 at June 28, 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 -1.74% -2.22% 2.26% 2.26% 5.30% 2.95% 4.37% 3.19%
Series Empire Life Dividend Growth GIF Class K
1 mth -1.74%
3 mths -2.22%
6 mths 2.26%
YTD 2.26%
1 year 5.30%
3 years 2.95%
5 years 4.37%
10 years
psi 3.19%

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 June 30, 2024

Sector Allocation

Colours Name Weight
Financials 29.37%
Energy 15.30%
Materials 9.49%
Communication Services 9.43%
Consumer Staples 8.20%
Utilities 7.07%
Industrials 6.71%
Consumer Discretionary 4.48%
Real Estate 3.76%
Information Technology 3.53%
Health Care 2.66%

Asset Allocation

Colours Name Weight
Canadian Equity 82.63%
U.S. Equity 8.61%
International Equity 7.43%
Cash and Equivalents 1.34%

Top 10 Holdings

Name Weight
Royal Bank of Canada 5.91%
Toronto-Dominion Bank 4.95%
TC Energy Corporation 3.10%
Bank of Montreal 2.87%
TELUS Corporation 2.83%
Sun Life Financial Inc. 2.76%
Enbridge Inc. 2.71%
Rogers Communications Inc. 'B' 2.70%
Stella-Jones Inc. 2.28%
Canadian Natural Resources Limited 2.25%

Portfolio Manager(s)

Doug Cooper

Senior Portfolio Manager, Canadian Equities

Empire Life Investment Team

Empire Life Investment Team