Overview

Daily NAV
$11.04
0.10% $0.01
May 10, 2024
  • Inception Date
    May 29, 2023
  • Net Assets
    $2.61 million
  • Fund Manager 1
    The Empire Life Insurance Company
  • Min. Investment
    $1,000 initial, $50 per fund
  • MER
    3.11%
  • Asset class
    Global Equity Balanced
  • Management Fee
    2.25%

Risk: Low to Medium

Low
Low To Moderate
Moderate
Moderate To High
High
Geographic Allocation

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 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
  • * 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.

Resources

Performance As at April 30, 2024

As this fund is new, this information is not available.

Portfolio Allocations As at March 31, 2024

Sector Allocation

Colours Name Weight
Financials 18.53%
Consumer Discretionary 16.20%
Information Technology 14.97%
Industrials 12.24%
Health Care 11.19%
Energy 10.32%
Consumer Staples 6.91%
Materials 5.17%
Communication Services 3.66%
Utilities 0.56%
Real Estate 0.26%

Geographic Allocation

Colours Name Weight
United States 56.48%
Canada 27.16%
United Kingdom 3.92%
Switzerland 2.27%
France 1.99%
Japan 1.90%
Taiwan 1.63%
Netherlands 0.68%
Germany 0.65%
Ireland 0.49%
Other 3.03%

Credit Ratings

Colours Name Weight
AAA 15.04%
AA 11.34%
A 13.96%
BBB 29.36%
BB 11.60%
B 2.99%
CCC 0.38%
CC 0.10%
C 0.01%
NR (Non-rated) 15.24%

Asset Allocation

Colours Name Weight
U.S. Equity 37.46%
U.S. Bonds 19.98%
Canadian Equity 14.32%
International Equity 14.05%
Cash and Equivalents 6.11%
Canadian Bonds 6.10%
International Bond Funds 2.11%
Mutual Funds 0.08%

Currency Allocation

Colours Name Weight
United States dollar 64.38%
Canadian dollar 23.86%
Euro 3.27%
Pound sterling 3.26%
Swiss franc 2.61%
Japanese yen 1.90%
Danish krone 0.31%
Hong Kong dollar 0.18%
Indonesian rupiah 0.17%
South Korean won 0.13%
Other 0.12%

Bond Term Allocation

Colours Name Weight
Between 5 and 10 years 33.24%
Between 1 and 5 years 31.89%
More than 20 years 23.39%
Between 10 and 20 years 11.48%

Top 10 Holdings

Name Weight
Microsoft Corp. 2.70%
UnitedHealth Group Inc. 1.70%
MasterCard Inc., Class 'A' 1.64%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR 1.63%
Anthem Inc. 1.57%
Diageo PLC 1.53%
Alphabet Inc., Class 'A' 1.37%
American Express Co. 1.34%
ROYAL BK OF CAD 4.95% 01APR24 TD 1.32%
AutoZone Inc. 1.28%

Underlying Fund Holdings

Name Weight
Canoe Equity Portfolio Class 29.27%
Empire Life Global Equity GIF 19.23%
Canoe Global Equity Fund 18.95%
Empire Life Strategic Corporate Bond GIF 11.96%
Canoe Global Income Fund 11.91%
Canoe Bond Advantage Fund 4.76%

Historical Net Asset Values

Start Date

End Date

Effective Date Net Asset Value Distributions
2024-05-13 $11.0204 —
2024-05-10 $11.0359 —
2024-05-09 $11.0247 —
2024-05-08 $10.9924 —
2024-05-07 $10.9786 —
2024-05-06 $10.9301 —
2024-05-03 $10.8769 —
2024-05-02 $10.8248 —
2024-05-01 $10.8005 —
2024-04-30 $10.8341 —
2024-04-29 $10.9130 —
2024-04-26 $10.9154 —
2024-04-25 $10.8621 —
2024-04-24 $10.8995 —
2024-04-23 $10.8982 —
2024-04-22 $10.8456 —
2024-04-19 $10.8261 —
2024-04-18 $10.8096 —
2024-04-17 $10.8229 —
2024-04-16 $10.8177 —
2024-04-15 $10.8248 —
2024-04-12 $10.8895 —
2024-04-11 $10.9400 —
2024-04-10 $10.9478 —
2024-04-09 $10.9991 —
2024-04-08 $10.9848 —
2024-04-05 $10.9793 —
2024-04-04 $10.9315 —
2024-04-03 $10.9736 —
2024-04-02 $10.9833 —
2024-04-01 $11.0459 —
2024-03-28 $11.0604 —
2024-03-27 $11.0645 —
2024-03-26 $10.9902 —
2024-03-25 $10.9893 —
2024-03-22 $11.0249 —
2024-03-21 $11.0253 —
2024-03-20 $10.9830 —
2024-03-19 $10.9573 —
2024-03-18 $10.9161 —
2024-03-15 $10.9091 —
2024-03-14 $10.9355 —
2024-03-13 $10.9499 —
2024-03-12 $10.9412 —
2024-03-11 $10.9021 —
2024-03-08 $10.9142 —
2024-03-07 $10.9161 —
2024-03-06 $10.8836 —
2024-03-05 $10.8860 —
2024-03-04 $10.8839 —
2024-03-01 $10.8724 —
2024-02-29 $10.8249 —
2024-02-28 $10.8037 —
2024-02-27 $10.7903 —
2024-02-26 $10.7671 —
2024-02-23 $10.7893 —
2024-02-22 $10.7399 —
2024-02-21 $10.6844 —
2024-02-20 $10.6604 —
2024-02-16 $10.6435 —
2024-02-15 $10.6400 —
2024-02-14 $10.5838 —
2024-02-13 $10.5323 —
2024-02-12 $10.6188 —
2024-02-09 $10.6063 —
2024-02-08 $10.5968 —
2024-02-07 $10.5957 —
2024-02-06 $10.5690 —
2024-02-05 $10.5540 —
2024-02-02 $10.5873 —
2024-02-01 $10.5988 —
2024-01-31 $10.5346 —
2024-01-30 $10.5988 —
2024-01-29 $10.5694 —
2024-01-26 $10.5452 —
2024-01-25 $10.5108 —
2024-01-24 $10.4813 —
2024-01-23 $10.4576 —
2024-01-22 $10.4440 —
2024-01-19 $10.4027 —
2024-01-18 $10.3897 —
2024-01-17 $10.3549 —
2024-01-16 $10.4015 —
2024-01-15 $10.4540 —
2024-01-12 $10.4376 —
2024-01-11 $10.4168 —
2024-01-10 $10.4029 —
2024-01-09 $10.3876 —
2024-01-05 $10.3462 —
2024-01-04 $10.3558 —
2024-01-03 $10.3667 —
2024-01-02 $10.4075 —
2023-12-29 $10.4183 —
2023-12-28 $10.4176 —
2023-12-27 $10.4237 —
2023-12-22 $10.3881 —
2023-12-21 $10.3828 —
2023-12-20 $10.3416 —
2023-12-19 $10.4234 —
2023-12-18 $10.3926 —
2023-12-15 $10.3674 —
2023-12-14 $10.4244 —
2023-12-11 $10.2797 —
2023-12-08 $10.2747 —
2023-12-07 $10.2766 —
2023-12-06 $10.2603 —
2023-12-05 $10.2675 —
2023-12-04 $10.2629 —
2023-11-30 $10.2253 —
2023-11-29 $10.1955 —
2023-11-28 $10.1782 —
2023-11-27 $10.1754 —
2023-11-24 $10.1882 —
2023-11-23 $10.2113 —
2023-11-22 $10.2154 —
2023-11-21 $10.1886 —
2023-11-20 $10.1998 —
2023-11-17 $10.1648 —
2023-11-16 $10.1368 —
2023-11-15 $10.1096 —
2023-11-14 $10.1203 —
2023-11-13 $10.0180 —
2023-11-09 $9.9861 —
2023-11-08 $10.0153 —
2023-11-07 $10.0060 —
2023-11-06 $10.0054 —
2023-11-03 $10.0120 —
2023-11-02 $9.9614 —
2023-11-01 $9.8664 —
2023-10-31 $9.8164 —
2023-10-27 $9.7281 —
2023-10-26 $9.7603 —
2023-10-25 $9.7995 —
2023-10-24 $9.8225 —
2023-10-23 $9.7890 —
2023-10-20 $9.8088 —
2023-10-19 $9.8708 —
2023-10-18 $9.9093 —
2023-10-17 $9.9664 —
2023-10-16 $9.9390 —
2023-10-13 $9.9090 —
2023-10-12 $9.9227 —
2023-10-11 $9.9577 —
2023-10-10 $9.9299 —
2023-10-06 $9.8528 —
2023-10-05 $9.8076 —
2023-10-04 $9.7981 —
2023-10-03 $9.7623 —
2023-10-02 $9.8353 —
2023-09-29 $9.8781 —
2023-09-28 $9.8748 —
2023-09-27 $9.8346 —
2023-09-26 $9.8578 —
2023-09-25 $9.9302 —
2023-09-22 $9.9421 —
2023-09-21 $9.9578 —
2023-09-20 $10.0525 —
2023-09-19 $10.0590 —
2023-09-18 $10.1204 —
2023-09-15 $10.1380 —
2023-09-14 $10.1610 —
2023-09-13 $10.1142 —
2023-09-12 $10.1206 —
2023-09-08 $10.1385 —
2023-09-07 $10.1407 —
2023-09-06 $10.1353 —
2023-09-05 $10.1679 —
2023-09-01 $10.2102 —
2023-08-31 $10.1656 —
2023-08-30 $10.2049 —
2023-08-29 $10.2008 —
2023-08-28 $10.1284 —
2023-08-25 $10.0855 —
2023-08-24 $10.0491 —
2023-08-23 $10.0995 —
2023-08-22 $10.0409 —
2023-08-21 $10.0473 —
2023-08-18 $10.0637 —
2023-08-17 $10.0528 —
2023-08-16 $10.0899 —
2023-08-15 $10.1107 —
2023-08-14 $10.1968 —
2023-08-11 $10.1947 —
2023-08-10 $10.2099 —
2023-08-09 $10.2029 —
2023-08-08 $10.2019 —
2023-08-04 $10.1727 —
2023-08-03 $10.1511 —
2023-08-01 $10.2339 —
2023-07-31 $10.2384 —
2023-07-28 $10.2574 —
2023-07-27 $10.2037 —
2023-07-26 $10.2676 —
2023-07-25 $10.2333 —
2023-07-24 $10.2222 —
2023-07-21 $10.2271 —
2023-07-20 $10.1984 —
2023-07-19 $10.2246 —
2023-07-18 $10.2030 —
2023-07-17 $10.1352 —
2023-07-14 $10.1563 —
2023-07-13 $10.1271 —
2023-07-12 $10.0863 —
2023-07-11 $10.0321 —
2023-07-10 $9.9842 —
2023-07-07 $9.9564 —
2023-07-06 $9.9716 —
2023-07-05 $10.0268 —
2023-07-04 $10.1929 —
2023-06-30 $10.0521 —
2023-06-29 $9.9855 —
2023-06-28 $9.9568 —
2023-06-27 $9.9260 —
2023-06-26 $9.8865 —
2023-06-23 $9.8891 —
2023-06-22 $9.9079 —
2023-06-21 $9.9248 —
2023-06-20 $9.9492 —
2023-06-19 $9.9865 —
2023-06-16 $10.0001 —
2023-06-15 $10.0195 —
2023-06-14 $9.9650 —
2023-06-13 $9.9803 —
2023-06-12 $9.9790 —
2023-06-09 $9.9455 —
2023-06-08 $9.9533 —
2023-06-07 $9.9365 —
2023-06-06 $9.9757 —
2023-06-05 $9.9718 —
2023-06-02 $9.9872 —
2023-05-31 $9.8717 —
2023-05-30 $9.9163 —
2023-05-29 $9.9455 —
2023-05-26 $9.9546 —
2023-05-25 $9.9144 —
2023-05-24 $9.9226 —
2023-05-23 $9.9667 —
2023-05-19 $10.0392 —
2023-05-18 $10.0267 —
2023-05-17 $10.0000 —
2023-05-15 $10.0000 —

    ® Registered trademark of The Empire Life Insurance Company. Policies are issued by The Empire Life Insurance Company.

    Empire Life will endeavour to ensure the information presented is accurate and updated, but will not be held liable for inaccuracies. A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a Segregated Fund is invested at the risk of the contract owner and may increase or decrease in value.