Overview
Daily NAV
$14.26
0.52% $0.07
November 22, 2024
-
Inception DateOctober 23, 2019
-
Net Assets$167.22 million
-
Fund Manager 1Empire Life Investments Inc.
-
Min. Investment$1,000 initial, $50 per fund
-
MER3.39%
-
Asset classGlobal Equity
-
Management Fee2.35%
Risk: 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 global equity securities
Fund codes
| Series | Front-end load | Low load * | No load | Deferred Sales Charge * |
|---|---|---|---|---|
| Class L | ECF12077 | ECF12277 | ECF12377 | ECF12577 |
- * 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 October 31, 2024
Growth of $10,000
Investment value:
$13,897.14
at
October 31, 2024
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Global Dividend Growth GIF Class L | 0.06% | 1.06% | 8.00% | 14.13% | 20.49% | 6.10% | 6.55% | — | 6.83% |
| Series | Empire Life Global Dividend Growth GIF Class L |
|---|---|
| 1 mth | 0.06% |
| 3 mths | 1.06% |
| 6 mths | 8.00% |
| YTD | 14.13% |
| 1 year | 20.49% |
| 3 years | 6.10% |
| 5 years | 6.55% |
| 10 years | — |
| psi | 6.83% |
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 Global Dividend Growth GIF Class L | — | — | — | — | — | — | 5.18% | 8.60% | -2.76% | 5.23% |
| Series | Empire Life Global Dividend Growth GIF Class L |
|---|---|
| 2014 | — |
| 2015 | — |
| 2016 | — |
| 2017 | — |
| 2018 | — |
| 2019 | — |
| 2020 | 5.18% |
| 2021 | 8.60% |
| 2022 | -2.76% |
| 2023 | 5.23% |
Portfolio Allocations As at October 31, 2024
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Financials | 22.78% | |
| Health Care | 14.46% | |
| Industrials | 12.06% | |
| Information Technology | 11.87% | |
| Energy | 10.82% | |
| Consumer Staples | 7.42% | |
| Materials | 6.80% | |
| Consumer Discretionary | 6.59% | |
| Communication Services | 4.22% | |
| Utilities | 2.97% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| U.S. Equity | 51.21% | |
| International Equity | 32.81% | |
| Canadian Equity | 10.78% | |
| Cash and Equivalents | 5.21% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ROYAL BK OF CAD 3.7% 01NOV24 TD | 5.14% |
| Cintas Corporation | 3.51% |
| Microsoft Corporation | 3.03% |
| UnitedHealth Group Inc. | 2.59% |
| Taiwan Semiconductor Manufacturing Company Limited ADR | 2.57% |
| Newmont Mining Corporation | 2.39% |
| Cameco Corp. | 2.31% |
| Canadian Natural Resources Limited | 2.30% |
| PNC Financial Services Group Inc. (The) Com | 2.29% |
| Accenture PLC 'A' | 2.25% |
Portfolio Manager(s)
Ashley Misquitta
Senior Portfolio Manager, U.S. & Global Equities
David Mann
Senior Portfolio Manager, Global Equities
Empire Life Investment Team
Empire Life Investment Team