Overview

Daily NAV
$11.73
-0.18% ($0.02)
June 5, 2025
  • Inception Date
    May 29, 2023
  • Net Assets
    $2.20 million
  • Fund Manager 1
    The Empire Life Insurance Company
  • Min. Investment
    $1,000 initial, $50 per fund
  • MER
    3.10%
  • Asset class
    Global Equity Balanced
  • 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 certain Empire Life segregated funds and is a wholly owned subsidiary of The Empire Life Insurance Company.

Why Invest

You are seeking long-term capital growth and income through a globally diversified portfolio of equity and fixed income securities and is willing to accept a low to moderate level of risk.

Fund codes

Series Front-end load Low load * No load Deferred Sales Charge *
Class L ECF12003 ECF12203 ECF12303 ECF12503
  • * 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 April 30, 2025

Growth of $10,000

Investment value: $11,486.60 at April 30, 2025

Compound Returns 2

Series 1 mth 3 mths 6 mths YTD 1 year 3 years 5 years 10 years psi
Empire Life Canoe Moderate Growth Protection Portfolio GIF Class L -2.76% -4.86% -0.51% -2.21% 5.44% 7.18%
Series Empire Life Canoe Moderate Growth Protection Portfolio GIF Class L
1 mth -2.76%
3 mths -4.86%
6 mths -0.51%
YTD -2.21%
1 year 5.44%
3 years
5 years
10 years
psi 7.18%

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Empire Life Canoe Moderate Growth Protection Portfolio GIF Class L 12.13%
Series Empire Life Canoe Moderate Growth Protection Portfolio GIF Class L
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024 12.13%

Portfolio Allocations As at April 30, 2025

Sector Allocation

Colours Name Weight
Financials 22.03%
Information Technology 15.13%
Consumer Discretionary 13.67%
Industrials 13.12%
Energy 10.21%
Health Care 9.31%
Consumer Staples 7.06%
Materials 4.49%
Communication Services 3.78%
Utilities 0.89%
Real Estate 0.30%

Geographic Allocation

Colours Name Weight
United States 55.09%
Canada 27.39%
United Kingdom 4.51%
Japan 2.62%
Switzerland 2.25%
Taiwan 1.60%
France 1.35%
Spain 1.07%
Ireland 0.86%
Germany 0.62%
Other 2.13%

Credit Ratings

Colours Name Weight
AAA 17.10%
AA 10.23%
A 13.25%
BBB 24.04%
BB 8.23%
B 1.33%
NR (Non-rated) 25.82%

Asset Allocation

Colours Name Weight
U.S. Equity 33.48%
U.S. Bonds 18.39%
International Equity 16.00%
Canadian Equity 14.15%
Cash and Equivalents 9.39%
Canadian Bonds 7.20%
International Bond Funds 0.80%
Other 0.07%

Currency Allocation

Colours Name Weight
United States dollar 59.91%
Canadian dollar 25.71%
Pound sterling 4.12%
Euro 3.73%
Japanese yen 2.62%
Swiss franc 2.48%
Danish krone 0.57%
Brazilian real 0.18%
Hong Kong dollar 0.11%
Singapore dollar 0.08%
Other 0.00%

Bond Term Allocation

Colours Name Weight
Between 5 and 10 years 34.41%
More than 20 years 26.93%
Between 1 and 5 years 26.90%
Between 10 and 20 years 11.76%

Top 10 Holdings

Name Weight
United States Treasury Bill, 0.00%, 2025/08/14 2.41%
Microsoft Corp. 2.21%
AutoZone Inc. 1.66%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR 1.60%
MasterCard Inc., Class 'A' 1.47%
Alphabet Inc., Class 'A' 1.41%
BANK OF MONTREAL TD 2.55% 05/01/2025 1.36%
UnitedHealth Group Inc. 1.35%
Wells Fargo & Co. 1.32%
Moody's Corp. 1.28%

Underlying Fund Holdings

Name Weight
Canoe Equity Portfolio Class 28.81%
Canoe Global Equity Fund 19.41%
Empire Life Global Equity GIF 19.39%
Canoe Global Income Fund 12.09%
Empire Life Strategic Corporate Bond GIF 12.03%
Canoe Bond Advantage Fund 4.83%

Historical Net Asset Values

Start Date

End Date

Effective Date Net Asset Value Distributions
2025-06-05 $11.7299
2025-06-04 $11.7516
2025-06-03 $11.7463
2025-06-02 $11.7174
2025-05-30 $11.7067
2025-05-29 $11.7842
2025-05-28 $11.7422
2025-05-27 $11.7640
2025-05-26 $11.6512
2025-05-23 $11.6305
2025-05-22 $11.7121
2025-05-21 $11.7346
2025-05-20 $11.8629
2025-05-16 $11.8405
2025-05-15 $11.7762
2025-05-14 $11.7275
2025-05-13 $11.7329
2025-05-12 $11.7548
2025-05-09 $11.6121
2025-05-08 $11.5960
2025-05-07 $11.5538
2025-05-06 $11.5176
2025-05-05 $11.5286
2025-05-02 $11.5412
2025-05-01 $11.4471
2025-04-30 $11.4240
2025-04-29 $11.4216
2025-04-28 $11.3788
2025-04-25 $11.3654
2025-04-24 $11.3671
2025-04-23 $11.2812
2025-04-22 $11.2029
2025-04-21 $11.0923
2025-04-17 $11.2099
2025-04-16 $11.2541
2025-04-15 $11.3273
2025-04-14 $11.2874
2025-04-11 $11.1963
2025-04-10 $11.1177
2025-04-09 $11.2605
2025-04-08 $10.9261
2025-04-04 $11.1341
2025-04-03 $11.4931
2025-04-02 $11.8049
2025-04-01 $11.7661
2025-03-31 $11.7478
2025-03-28 $11.6756
2025-03-27 $11.7775
2025-03-26 $11.7606
2025-03-25 $11.8030
2025-03-24 $11.7972
2025-03-21 $11.7446
2025-03-20 $11.7557
2025-03-19 $11.7626
2025-03-18 $11.6957
2025-03-17 $11.7049
2025-03-14 $11.6628
2025-03-13 $11.5729
2025-03-12 $11.6403
2025-03-11 $11.6419
2025-03-10 $11.7162
2025-03-07 $11.8093
2025-03-06 $11.7728
2025-03-05 $11.8828
2025-03-04 $11.8501
2025-03-03 $11.9247
2025-02-28 $11.9752
2025-02-27 $11.9000
2025-02-26 $11.9353
2025-02-25 $11.9216
2025-02-24 $11.8880
2025-02-21 $11.8874
2025-02-20 $11.9448
2025-02-19 $11.9699
2025-02-18 $11.9329
2025-02-14 $11.9274
2025-02-13 $11.9651
2025-02-12 $11.9121
2025-02-11 $11.9477
2025-02-10 $11.9563
2025-02-07 $11.9097
2025-02-06 $11.9776
2025-02-05 $11.9664
2025-02-04 $11.9175
2025-02-03 $11.9719
2025-01-31 $12.0080
2025-01-30 $12.0391
2025-01-29 $11.9584
2025-01-28 $11.9618
2025-01-27 $11.9444
2025-01-24 $11.9644
2025-01-23 $11.9579
2025-01-22 $11.9335
2025-01-21 $11.8907
2025-01-20 $11.7927
2025-01-17 $11.8027
2025-01-16 $11.7501
2025-01-15 $11.6840
2025-01-14 $11.5915
2025-01-13 $11.5979
2025-01-10 $11.6279
2025-01-09 $11.7410
2025-01-08 $11.7315
2025-01-07 $11.7176
2025-01-06 $11.7588
2025-01-03 $11.7593
2025-01-02 $11.7166
2024-12-31 $11.6818
2024-12-30 $11.6727
2024-12-27 $11.7345
2024-12-24 $11.7379
2024-12-23 $11.7014
2024-12-20 $11.6588
2024-12-19 $11.6119
2024-12-18 $11.6681
2024-12-17 $11.8085
2024-12-16 $11.8201
2024-12-13 $11.8484
2024-12-12 $11.8717
2024-12-11 $11.9000
2024-12-10 $11.8770
2024-12-09 $11.8917
2024-12-06 $11.9067
2024-12-05 $11.8700
2024-12-04 $11.8964
2024-12-03 $11.8868
2024-12-02 $11.8780
2024-11-29 $11.8438
2024-11-28 $11.8138
2024-11-27 $11.8104
2024-11-26 $11.8072
2024-11-25 $11.7775
2024-11-22 $11.7053
2024-11-21 $11.6542
2024-11-20 $11.6123
2024-11-19 $11.5992
2024-11-18 $11.6368
2024-11-15 $11.6072
2024-11-14 $11.6517
2024-11-13 $11.6209
2024-11-12 $11.6218
2024-11-11 $11.6867
2024-11-08 $11.6844
2024-11-07 $11.6706
2024-11-06 $11.6393
2024-11-05 $11.5181
2024-11-04 $11.4905
2024-11-01 $11.5014
2024-10-31 $11.4829
2024-10-30 $11.5679
2024-10-29 $11.5705
2024-10-28 $11.5781
2024-10-25 $11.5725
2024-10-24 $11.5723
2024-10-22 $11.5984
2024-10-21 $11.6220
2024-10-18 $11.6570
2024-10-16 $11.6125
2024-10-15 $11.6044
2024-10-11 $11.6113
2024-10-10 $11.5387
2024-10-09 $11.5235
2024-10-08 $11.4738
2024-10-07 $11.4733
2024-10-04 $11.4900
2024-10-03 $11.4725
2024-10-02 $11.4800
2024-10-01 $11.4955
2024-09-30 $11.5160
2024-09-27 $11.5385
2024-09-26 $11.4942
2024-09-25 $11.4266
2024-09-24 $11.4462
2024-09-23 $11.4355
2024-09-20 $11.4628
2024-09-19 $11.5008
2024-09-18 $11.4230
2024-09-17 $11.4623
2024-09-16 $11.4608
2024-09-13 $11.4324
2024-09-12 $11.3756
2024-09-11 $11.3182
2024-09-10 $11.2906
2024-09-09 $11.2714
2024-09-06 $11.2122
2024-09-05 $11.2881
2024-09-04 $11.3150
2024-09-03 $11.3648
2024-08-30 $11.4252
2024-08-29 $11.4057
2024-08-28 $11.3826
2024-08-27 $11.3940
2024-08-26 $11.4039
2024-08-23 $11.4156
2024-08-22 $11.3781
2024-08-21 $11.4119
2024-08-20 $11.3836
2024-08-19 $11.3898
2024-08-16 $11.3667
2024-08-15 $11.3468
2024-08-13 $11.2469
2024-08-12 $11.1517
2024-08-09 $11.1199
2024-08-08 $11.0882
2024-08-07 $10.9996
2024-08-06 $11.0576
2024-08-01 $11.3029
2024-07-31 $11.3621
2024-07-30 $11.3009
2024-07-29 $11.2865
2024-07-26 $11.2788
2024-07-25 $11.1838
2024-07-24 $11.1980
2024-07-23 $11.2991
2024-07-22 $11.2883
2024-07-18 $11.2774
2024-07-17 $11.3356
2024-07-16 $11.3714
2024-07-15 $11.2829
2024-07-12 $11.2686
2024-07-11 $11.2250
2024-07-10 $11.1583
2024-07-09 $11.0871
2024-07-08 $11.1240
2024-07-05 $11.1194
2024-07-04 $11.1037
2024-07-03 $11.0978
2024-07-02 $11.0679
2024-06-28 $11.0600
2024-06-27 $11.0627
2024-06-26 $11.0579
2024-06-25 $11.0648
2024-06-24 $11.0872
2024-06-21 $11.0547
2024-06-20 $11.0677
2024-06-19 $11.0657
2024-06-18 $11.0720
2024-06-17 $11.0551
2024-06-14 $11.0279
2024-06-13 $11.0503
2024-06-12 $11.0792
2024-06-11 $11.0489
2024-06-10 $11.0772
2024-06-07 $11.0605
2024-06-06 $11.1022