Overview
Daily NAV
$12.74
0.04% $0.01
December 8, 2023
-
Inception DateApril 20, 2015
-
Net Assets$970.17 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
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MER2.59%
-
Asset classCanadian Dividend & Income Equity
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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 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
Performance As at October 31, 2023
Growth of $10,000
Investment value:
$11,873.05
at
October 31, 2023
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 | -2.77% | -7.12% | -8.16% | -1.97% | -1.00% | 8.22% | 2.42% | — | 2.05% |
| Series | Empire Life Dividend Growth GIF Class K |
|---|---|
| 1 mth | -2.77% |
| 3 mths | -7.12% |
| 6 mths | -8.16% |
| YTD | -1.97% |
| 1 year | -1.00% |
| 3 years | 8.22% |
| 5 years | 2.42% |
| 10 years | — |
| psi | 2.05% |
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 Growth GIF Class K | — | — | — | 16.76% | 5.81% | -15.13% | 12.86% | -5.13% | 20.84% | -5.20% |
| Series | Empire Life Dividend Growth GIF Class K |
|---|---|
| 2013 | — |
| 2014 | — |
| 2015 | — |
| 2016 | 16.76% |
| 2017 | 5.81% |
| 2018 | -15.13% |
| 2019 | 12.86% |
| 2020 | -5.13% |
| 2021 | 20.84% |
| 2022 | -5.20% |
Portfolio Allocations As at October 31, 2023
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 29.73% | |
| Energy | 16.67% | |
| Communication Services | 8.97% | |
| Consumer Staples | 8.15% | |
| Materials | 7.87% | |
| Industrials | 7.73% | |
| Utilities | 5.90% | |
| Consumer Discretionary | 4.83% | |
| Real Estate | 3.46% | |
| Information Technology | 3.44% | |
| Health Care | 3.26% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| Canadian Equity | 82.05% | |
| U.S. Equity | 10.35% | |
| International Equity | 6.53% | |
| Cash and Equivalents | 1.07% |
Top 10 Holdings
| Name | Weight |
|---|---|
| Toronto-Dominion Bank | 5.75% |
| Royal Bank of Canada | 5.47% |
| TC Energy Corporation | 3.72% |
| Enbridge Inc. | 3.27% |
| Bank of Montreal | 3.07% |
| TELUS Corporation | 2.98% |
| Rogers Communications Inc. 'B' | 2.81% |
| Canadian Natural Resources Limited | 2.80% |
| Bank of Nova Scotia | 2.66% |
| Alimentation Couche-Tard Inc. Com | 2.58% |
Portfolio Manager(s)
Doug Cooper
Senior Portfolio Manager, Canadian Equities
Empire Life Investment Team
Empire Life Investment Team