FUND FACTS
FOR EMPIRE LIFE GIF 75/75, 75/100,
100/100 AND CLASS PLUS 2.1 CONTRACTS
Any part of the deposit or other amount that is
allocated to a segregated fund is invested at the risk
of the owner and may increase or decrease in value.
as at December 31, 2015
INV-941-EN-05/16
Introduction to Fund Facts
Empire Life Guaranteed Investment Funds 75/75 (Fund Class K), 75/100 (Fund Class L),
100/100 (Fund Class M) and Class Plus 2.1 (Fund Class Q)
This fund facts booklet, which forms part of the information folder, contains individual fund facts for
the segregated funds. Not all funds are available under all plans. Refer to the Empire Life Guaranteed
Investment Funds 75/75 and 75/100, the Empire Life Guaranteed Investment Funds 100/100, and
the Class Plus 2.1 Information Folder for a list of the segregated funds available. You can choose to
invest in one or more of the funds available.
The individual fund facts describe the key features of each segregated fund including its risk level,
past performance, suitability, guarantees, and what fees and charges may apply.
The individual fund facts is not complete without the following description of your rescission rights
and our contact information.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your
confirmation notice.
You have to tell us in writing that you want to cancel the transaction. We will assume you have
received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount
returned only applies to the specific transaction and will include a refund of any sales charges or
other fees you paid.
For more information
This summary may not contain all of the information you need. Please read the information folder
and contract provisions for more details.
Contact Information
The Empire Life Insurance Company
259 King Street East
Kingston, Ontario K7L 3A8
Phone Number:
1 800 561-1268
Fax: 1 866 762-6163
Email: [email protected] (English) or [email protected] (French)
Table of Contents
Fund Facts
Empire Life Money Market GIF
Empire Life Bond GIF
Empire Life Income GIF
Empire Life Monthly Income GIF
Empire Life Balanced GIF
Empire Life Dividend Balanced GIF
Empire Life Elite Balanced GIF
Empire Life Global Balanced GIF
Empire Life Asset Allocation GIF
Empire Life Dividend Growth GIF
Empire Life Canadian Equity GIF
Empire Life Elite Equity GIF
Empire Life Small Cap Equity GIF
Empire Life American Value GIF
Empire Life Global Equity GIF
Empire Life International Equity GIF
Empire Life Emblem Diversified Income Portfolio GIF
Empire Life Emblem Conservative Portfolio GIF
Empire Life Emblem Balanced Portfolio GIF
Empire Life Emblem Moderate Growth Portfolio GIF
Empire Life Emblem Growth Portfolio GIF
Empire Life Emblem Aggressive Growth Portfolio GIF
4
6
8
10
12
14
16
18
20
22
24
26
28
30
32
34
36
38
40
42
44
46
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Fund Facts
Empire Life Money Market GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
The fund legal name is Money Market Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
February 1989
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
98.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
1.06%
1.12%
1.13%
1.13%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
N/A
UNITS
OUTSTANDING
10.00
10.00
10.00
10.00
153,712
1,053,219
106,252
1,015,993
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in short-term securities such as
treasury bills and short-term debt issued by governments and Canadian
corporations.
This fund may be right for a person seeking income, wanting to invest
mostly in Canadian bonds and is willing to accept a very low level of risk.
TOP 10 INVESTMENTS*
Toronto-Dominion Bank 0.700% March 2, 2016
Province of Ontario 0.520% January 6, 2016
Province of British Columbia 0.539% January 22, 2016
Government of Canada 0.400% February 11, 2016
Province of Ontario 0.540% February 24, 2016
Hydro One Inc. 0.909% May 5, 2016
Province of Ontario 0.550% August 17, 2016
Laurentian Bank of Canada 0.861% May 26, 2016
Shoppers Drug Mart Corporation 2.010% May 24, 2016
Canadian Western Bank 0.900% April 21, 2016
Total
Total Investments: 25
*Proportion of total fund value.
How has the fund performed?
%
6.1
5.1
5.1
5.1
5.1
5.1
5.1
5.1
5.0
5.0
51.8
While this fund has been in existence since February 1989, fund classes
L, M and Q have only been in existence for one year and fund class K for
less than one year. The performance for fund class K will be reported
once that fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,000 on
December 31, 2015. This works out to an average of 0.02% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Short Term
Canadian Bonds
Other Net Assets (Liabilities)
65.7
34.1
0.2
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
4
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How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.00%
Fund Class L (75/100) -
0.10%
Fund Class M (100/100) -
0.20%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
0.75%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
5
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Fund Facts
Empire Life Bond GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
The fund legal name is Bond Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
December 1987
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
721.0 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
1.92%
2.00%
1.94%
1.98%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
141.60%
UNITS
OUTSTANDING
9.84
10.35
10.35
10.35
87,206
643,276
250,889
350,157
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in government issued bonds as
well as bonds, debentures and investment grade notes issued by
corporations.
This fund may be right for a person seeking income, wanting to invest
mostly in Canadian bonds and is willing to accept a low level of risk.
TOP 10 INVESTMENTS*
Government of Canada 3.500% December 1, 2045
Province of Ontario 2.900% December 2, 2046
Province of Quebec 3.500% December 1, 2045
Province of Ontario 2.600% June 2, 2025
Government of Canada 2.250% June 1, 2025
Government of Canada 0.750% September 1, 2020
Imperial Oil Limited 0.791% January 4, 2016
Province of New Brunswick 3.800% August 14, 2045
Province of Manitoba 3.250% September 5, 2029
Province of Quebec 3.500% December 1, 2022
Total
Total Investments: 102
*Proportion of total fund value.
How has the fund performed?
%
6.1
5.2
4.3
3.5
3.0
2.8
2.6
2.0
1.9
1.9
33.3
While this fund has been in existence since December 1987, fund classes
L, M and Q have only been in existence for one year and fund class K for
less than one year. The performance for fund class K will be reported
once that fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,034 on
December 31, 2015. This works out to an average of 2.94% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Bonds
Foreign Bonds
Canadian Equities
Other Net Assets (Liabilities)
0.2
2.6
93.6
1.9
1.1
0.6
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
6
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.025%
Fund Class L (75/100) -
0.25%
Fund Class M (100/100) -
0.30%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
0.75%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
7
Print this Sheet
Fund Facts
Empire Life Income GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
The fund legal name is Income Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
January 2002
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
454.8 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.31%
2.29%
2.23%
2.31%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
150.22%
UNITS
OUTSTANDING
9.78
10.17
10.16
10.16
44,417
2,450,729
610,433
1,611,940
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in investment grade bonds,
debentures and notes issued by corporations and the Government of
Canada, Canadian provinces, territories and municipalities and foreign
governments.
This fund may be right for a person seeking growth and income, wanting
to invest mostly in Canadian stocks and bonds and is willing to accept a
low to moderate level of risk.
TOP 10 INVESTMENTS*
Empire Life American Value Fund - Class F
Government of Canada 3.500% December 1, 2045
CIBC 0.639% January 4, 2016
SPDR S&P 500 ETF
Province of Quebec 3.500% December 1, 2045
Province of Ontario 2.900% December 2, 2046
Province of Ontario 2.600% June 2, 2025
Government of Canada 0.750% September 1, 2020
Laurentian Bank of Canada 2.810% June 13, 2019
Province of Manitoba 3.250% September 5, 2029
Total
Total Investments: 186
*Proportion of total fund value.
How has the fund performed?
%
10.4
4.1
3.7
2.9
2.7
2.7
1.4
1.4
1.3
1.2
31.8
While this fund has been in existence since January 2002, fund classes L,
M and Q have only been in existence for one year and fund class K for
less than one year. The performance for fund class K will be reported
once that fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,017 on
December 31, 2015. This works out to an average of 1.44% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Bonds
Foreign Bonds
Canadian Equities
U.S. Equities
International Equities
Segregated/Mutual Funds
Other Net Assets (Liabilities)
0.2
3.7
60.2
1.5
16.9
2.9
3.9
10.4
0.3
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
8
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.05%
Fund Class L (75/100) -
0.35%
Fund Class M (100/100) -
0.55%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.15%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
9
Print this Sheet
Fund Facts
Empire Life Monthly Income GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
April 2015
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
1.8 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.36%
2.25%
2.25%
2.34%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L*
April 2015
$1,000 initial, $50 per fund
M*
April 2015
$1,000 initial, $50 per fund
Q*
April 2015
$10,000 initial, $100 per fund
*The MER for each class has been annualized.
9.66
9.67
9.67
9.66
12.15%
UNITS
OUTSTANDING
17,273
132,900
37,181
2,407
What does the fund invest in?
Who is this fund for?
This segregated fund invests primarily in a balance of income oriented
Canadian equity and fixed income securities. The fund invests either
directly or through one or more secondary funds. The fund currently
invests most of its assets in units of the Empire Life Monthly Income
Mutual Fund.
This fund may be right for a person seeking growth and income with
reduced volatility through investments in both equity and fixed income
securities and is willing to accept a low to moderate level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
Royal Bank of Canada
Government of Canada 3.500% December 1, 2045
Province of Ontario 2.900% December 2, 2046
Canadian National Railway Company
Toronto-Dominion Bank
Province of Quebec 3.500% December 1, 2045
BCE Inc.
Province of Ontario 2.600% June 2, 2025
CAE Inc.
AGT Food & Ingredients Inc.
Total
Total Investments: 213
*Proportion of secondary fund's total fund value.
How has the fund performed?
Since the fund has not been in existence for more than one year, we
cannot report its performance.
%
2.9
2.7
2.2
2.0
2.0
1.8
1.7
1.6
1.6
1.4
19.9
For information on how Series I units of the Empire Life Monthly Income
Mutual Fund, the secondary fund in which the fund invests most of its
assets, has performed in the past, please refer to its fund facts in the
Products: Regulatory Documents page of the Empire Life Investments Inc,
website at www.empirelifeinvestments.ca
However, this doesn’t tell you how the fund will perform in the future. Your
actual return will depend on the fund class and on your personal tax
situation.
Average Return
The performance will be reported once the fund has been in existence for
more than one year.
Year-by-year returns
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
The performance will be reported once the fund has been in existence for
more than one year.
0.8
99.3
(0.1)
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
How risky is it?
The value of your investments can go down. Refer to the Information
Folder for more information.
10
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How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.50%
Fund Class M (100/100) -
0.75%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.40%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
11
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Fund Facts
Empire Life Balanced GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
The fund legal name is Balanced Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
February 1989
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
589.2 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.37%
2.30%
2.31%
2.32%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
159.78%
UNITS
OUTSTANDING
9.77
10.14
10.14
10.14
81,018
1,871,053
463,976
1,401,075
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in a diversified mix of primarily
Canadian equity and fixed income securities.
This fund may be right for a person seeking growth and income, wanting
to invest mostly in Canadian stocks and bonds and is willing to accept a
low to moderate level of risk.
TOP 10 INVESTMENTS*
Empire Life American Value Fund - Class F
SPDR S&P 500 ETF
Government of Canada 3.500% December 1, 2045
Government of Canada 1.250% February 1, 2018
Province of Ontario 2.900% December 2, 2046
CIBC 0.639% January 4, 2016
Royal Bank of Canada
Province of Quebec 3.500% December 1, 2045
Toronto-Dominion Bank
Province of Ontario 2.600% June 2, 2025
Total
Total Investments: 171
*Proportion of total fund value.
%
17.3
4.6
2.8
2.3
2.3
2.0
2.0
1.9
1.9
1.7
38.8
How has the fund performed?
While this fund has been in existence since February 1989, fund classes
L, M and Q have only been in existence for one year and fund class K for
less than one year. The performance for fund class K will be reported
once that fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,015 on
December 31, 2015. This works out to an average of 1.26% a year.
Year-by-year returns
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Bonds
Foreign Bonds
Canadian Equities
U.S. Equities
International Equities
Segregated/Mutual Funds
Other Net Assets (Liabilities)
This chart shows how the fund has performed in the past.
0.1
2.0
40.7
1.0
27.8
4.7
6.1
17.3
0.3
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
12
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How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.50%
Fund Class M (100/100) -
0.75%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.40%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
13
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Fund Facts
Empire Life Dividend Balanced GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
The fund legal name is Dividend Balanced Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
July 2010
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
623.1 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.46%
2.41%
2.38%
2.41%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
4.42%
UNITS
OUTSTANDING
9.51
9.88
9.88
9.88
41,611
1,209,538
325,840
5,035,142
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in units of other Empire Life
segregated funds. The target asset mix of the fund is 80% Dividend Fund
and 20% Bond Fund.
This fund may be right for a person seeking growth and income, wanting
to invest mostly in Canadian stocks and bonds and is willing to accept a
low to moderate level of risk.
TOP 10 INVESTMENTS*
Empire Life Dividend Growth Fund - Class F
Empire Life Bond Fund - Class F
Imperial Oil Limited 0.791% January 4, 2016
Total
Total Investments: 3
*Proportion of total fund value.
How has the fund performed?
%
79.8
19.3
1.0
100.1
While this fund has been in existence since July 2010, fund classes L, M
and Q have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Segregated/Mutual Funds
Other Net Assets (Liabilities)
0.1
1.0
99.1
(0.2)
Average Return
A person who invested $1,000 on November 3, 2014 has $989 on
December 31, 2015. This works out to an average of -0.94% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
How risky is it?
The value of your investments can go down. Refer to the Information
Folder for more information.
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
14
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How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.60%
Fund Class M (100/100) -
0.85%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.50%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
15
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Fund Facts
Empire Life Elite Balanced GIF
Class Plus 2.1
As at December 31, 2015
The fund legal name is Elite Balanced Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
Q
July 2010
Empire Life Investments Inc.
FUND CLASS
CREATED
November 2014
Total Fund Value: $
MINIMUM INVESTMENT
332.9 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
2.43%
$
$10,000 initial, $100 per fund
N/A
UNITS
OUTSTANDING
10.59
4,699,628
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in units of other Empire Life
segregated funds. The target asset mix of the fund is 80% Elite Equity
Fund and 20% Bond Fund.
This fund may be right for a person seeking growth and income, wanting
to invest mostly in Canadian stocks and bonds and is willing to accept a
low to moderate level of risk.
TOP 10 INVESTMENTS*
Empire Life Elite Equity Fund - Class F
Empire Life Bond Fund - Class F
CIBC 0.639% January 4, 2016
Total
Total Investments: 3
*Proportion of total fund value.
How has the fund performed?
%
81.1
17.9
0.9
99.9
While this fund has been in existence since July 2010, fund class Q has
only been in existence for one year.
The following information shows how fund class Q of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Segregated/Mutual Funds
Other Net Assets (Liabilities)
Average Return
A person who invested $1,000 on November 3, 2014 has $1,063 on
December 31, 2015. This works out to an average of 5.40% a year.
0.3
0.9
99.0
(0.2)
Year-by-year returns
This chart shows how the fund has performed in the past.
How risky is it?
The value of your investments can go down. Refer to the Information
Folder for more information.
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
16
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Class Plus Fee
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.50%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
17
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Fund Facts
Empire Life Global Balanced GIF
Class Plus 2.1
As at December 31, 2015
The fund legal name is Global Balanced Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
Q
June 2003
Empire Life Investments Inc.
FUND CLASS
CREATED
November 2014
Total Fund Value: $
MINIMUM INVESTMENT
185.5 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
2.50%
$
$10,000 initial, $100 per fund
79.61%
UNITS
OUTSTANDING
10.82
2,712,770
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in a diversified mix of primarily
global equity and fixed income securities.
This fund may be right for a person seeking growth and income, wanting
to invest mostly in global stocks and bonds and is willing to accept a low
to moderate level of risk.
TOP 10 INVESTMENTS*
Imperial Oil Limited 0.791% January 4, 2016
Toronto-Dominion Bank
Province of Ontario 2.450% June 29, 2022
Province of Quebec 4.750% April 29, 2018
Government of Canada 2.250% June 1, 2025
Province of Ontario 4.000% December 3, 2019
CIBC 0.639% January 4, 2016
Province of British Columbia 0.875% October 8, 2025
Province of Ontario 3.150% December 15, 2017
Royal Bank of Canada
Total
Total Investments: 158
*Proportion of total fund value.
%
2.7
1.9
1.9
1.8
1.7
1.7
1.6
1.6
1.5
1.5
17.9
How has the fund performed?
While this fund has been in existence since June 2003, fund class Q has
only been in existence for one year.
The following information shows how fund class Q of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,083 on
December 31, 2015. This works out to an average of 7.15% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Bonds
Foreign Bonds
Canadian Equities
U.S. Equities
International Equities
Other Net Assets (Liabilities)
2.0
4.3
21.8
5.0
18.7
25.3
22.8
0.1
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
18
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How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Class Plus Fee
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.50%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
19
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Fund Facts
Empire Life Asset Allocation GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
The fund legal name is Asset Allocation Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
May 1994
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
857.6 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.46%
2.41%
2.38%
2.44%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
68.29%
UNITS
OUTSTANDING
10.21
11.15
11.15
11.14
259,432
5,557,738
1,465,963
6,686,945
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in a diversified mix of Canadian
equity and fixed income securities.
This fund may be right for a person seeking growth and income, wanting
to invest mostly in Canadian stocks and bonds and is willing to accept a
low to moderate level of risk.
TOP 10 INVESTMENTS*
CIBC 0.639% January 4, 2016
Export Development Corporation 0.365% January 26, 2016
Farm Credit Corporation 0.188% January 4, 2016
Becton, Dickinson and Company
Assa Abloy AB 'B'
Altria Group Inc.
Johnson & Johnson
The TJX Companies Inc.
Starbucks Corporation
Danaher Corporation
Total
Total Investments: 134
*Proportion of total fund value.
%
5.8
4.7
4.2
2.0
2.0
2.0
2.0
2.0
1.8
1.8
28.3
How has the fund performed?
While this fund has been in existence since May 1994, fund classes L, M
and Q have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,119 on
December 31, 2015. This works out to an average of 10.23% a year.
Year-by-year returns
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Bonds
Foreign Bonds
Canadian Equities
U.S. Equities
International Equities
Other Net Assets (Liabilities)
This chart shows how the fund has performed in the past.
0.5
14.7
16.1
0.3
31.0
25.8
11.9
(0.3)
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
20
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.60%
Fund Class M (100/100) -
0.75%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.50%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
21
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Fund Facts
Empire Life Dividend Growth GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is Dividend Growth Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
January 1998
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $ 1,580.6 Million
MINIMUM INVESTMENT
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.43%
2.47%
2.47%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
176.77%
UNITS
OUTSTANDING
9.43
9.79
9.79
178,962
3,154,627
1,757,646
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in dividend paying Canadian mid to
large market capitalization stocks. Equity investments include common
stocks, preferred stocks, convertible preferred stocks and convertible
debentures.
This fund may be right for a person seeking growth, wanting to invest in
Canadian stocks and is willing to accept a moderate level of risk.
TOP 10 INVESTMENTS*
Toronto-Dominion Bank
Royal Bank of Canada
Bank of Montreal
TransCanada Corporation
Suncor Energy Inc.
Microsoft Corporation
JPMorgan Chase & Company
Wells Fargo & Company
Bank of Nova Scotia
Manulife Financial Corporation
Total
Total Investments: 53
*Proportion of total fund value.
How has the fund performed?
While this fund has been in existence since January 1998, fund classes L
and M have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
%
7.0
5.5
4.5
3.2
3.0
2.9
2.8
2.7
2.5
2.4
36.5
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $981 on
December 31, 2015. This works out to an average of -1.68% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Bonds
Canadian Equities
U.S. Equities
International Equities
Other Net Assets (Liabilities)
0.1
1.1
0.5
63.7
29.1
5.3
0.2
Are there any guarantees?
How risky is it?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
22
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.60%
Fund Class M (100/100) -
0.85%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
23
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Fund Facts
Empire Life Canadian Equity GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is Canadian Equity Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
October 2005
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
294.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.53%
2.48%
2.49%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
33.32%
UNITS
OUTSTANDING
9.35
10.11
10.11
27,993
402,986
156,225
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in Canadian mid to large market
capitalization stocks.
This fund may be right for a person seeking growth, wanting to invest
mostly in Canadian stocks and is willing to accept a moderate level of risk.
TOP 10 INVESTMENTS*
Royal Bank of Canada
Toronto-Dominion Bank
Canadian National Railway Company
CGI Group Inc. 'A'
Constellation Software Inc.
Bank of Montreal
Bank of Nova Scotia
Metro Inc.
Brookfield Asset Management Inc. 'A'
Intact Financial Corporation
Total
Total Investments: 41
*Proportion of total fund value.
How has the fund performed?
%
6.2
5.8
4.5
4.3
4.0
3.8
3.6
3.3
3.3
3.1
41.9
While this fund has been in existence since October 2005, fund classes L
and M have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,018 on
December 31, 2015. This works out to an average of 1.55% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Equities
U.S. Equities
International Equities
Other Net Assets (Liabilities)
0.1
1.3
89.2
7.4
1.8
0.2
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
24
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.20%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.10%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
25
Print this Sheet
Fund Facts
Empire Life Elite Equity GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is Elite Equity Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
December 1969
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
922.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.58%
2.56%
2.54%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
34.90%
UNITS
OUTSTANDING
9.75
10.68
10.65
196,297
2,455,144
701,446
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in Canadian large market
capitalization stocks, with some exposure to foreign securities.
This fund may be right for a person seeking growth, wanting to invest
mostly in Canadian stocks and is willing to accept a moderate level of risk.
TOP 10 INVESTMENTS*
Empire Life American Value Fund - Class F
SPDR S&P 500 ETF
Royal Bank of Canada
Toronto-Dominion Bank
Canadian National Railway Company
Constellation Software Inc.
CGI Group Inc. 'A'
Imperial Oil Limited 0.791% January 4, 2016
Bank of Nova Scotia
Bank of Montreal
Total
Total Investments: 92
*Proportion of total fund value.
%
28.4
7.5
3.6
3.4
2.5
2.3
2.2
2.2
2.2
2.1
56.4
How has the fund performed?
While this fund has been in existence since December 1969, fund classes
L and M have only been in existence for one year and fund class K for
less than one year. The performance for fund class K will be reported
once that fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,073 on
December 31, 2015. This works out to an average of 6.25% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Equities
U.S. Equities
International Equities
Segregated/Mutual Funds
0.1
2.4
50.2
7.6
11.3
28.4
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
26
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.20%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.20%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
27
Print this Sheet
Fund Facts
Empire Life Small Cap Equity GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is Small Cap Equity Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
January 1998
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
218.5 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.63%
2.61%
2.52%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
52.73%
UNITS
OUTSTANDING
9.45
9.95
9.94
7,050
201,838
35,616
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in Canadian small to mid market
capitalization stocks.
This fund may be right for a person seeking growth, wanting to invest
mostly in Canadian stocks of smaller companies and is willing to accept a
moderate to high level of risk.
TOP 10 INVESTMENTS*
CIBC 0.639% January 4, 2016
The Descartes Systems Group Inc.
Winpak Limited
Intact Financial Corporation
FirstService Corporation
CAE Inc.
AGT Food & Ingredients Inc.
CCL Industries Inc. 'B'
Interfor Corporation
Sandvine Corporation
Total
Total Investments: 57
*Proportion of total fund value.
%
4.1
3.2
3.0
3.0
3.0
3.0
3.0
2.9
2.9
2.9
31.0
How has the fund performed?
While this fund has been in existence since January 1998, fund classes L
and M have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $993 on
December 31, 2015. This works out to an average of -0.60% a year.
Year-by-year returns
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Equities
U.S. Equities
Other Net Assets (Liabilities)
This chart shows how the fund has performed in the past.
0.1
6.9
85.3
7.6
0.1
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
28
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.25%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.20%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
29
Print this Sheet
Fund Facts
Empire Life American Value GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is American Value Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
January 2002
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
823.3 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.45%
2.65%
2.63%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
138.66%
UNITS
OUTSTANDING
10.55
12.03
12.02
136,490
2,780,606
575,299
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in U.S. mid to large market
capitalization stocks.
This fund may be right for a person seeking growth, wanting to invest
mostly in U.S. stocks and is willing to accept a moderate level of risk.
TOP 10 INVESTMENTS*
SPDR S&P 500 ETF
Apple Inc.
Bank of Nova Scotia 0.385% January 21, 2016
Pfizer Inc.
Johnson & Johnson
General Dynamics Corporation
AT&T Inc.
The Kroger Company
Altria Group Inc.
Microsoft Corporation
Total
Total Investments: 53
*Proportion of total fund value.
%
4.1
3.8
3.3
3.1
3.0
2.7
2.6
2.4
2.4
2.3
29.7
How has the fund performed?
While this fund has been in existence since January 2002, fund classes L
and M have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,198 on
December 31, 2015. This works out to an average of 16.87% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
U.S. Equities
International Equities
Other Net Assets (Liabilities)
0.9
4.6
80.6
8.1
5.8
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
30
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.25%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.10%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
31
Print this Sheet
Fund Facts
Empire Life Global Equity GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is Global Equity Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
February 1989
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
97.6 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.59%
2.63%
2.59%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
102.85%
UNITS
OUTSTANDING
10.36
11.67
11.65
65,894
1,202,238
306,748
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in developed markets such as
North America, Europe and Asia, but may also invest in emerging
markets.
This fund may be right for a person seeking growth, wanting to invest
mostly in global stocks and is willing to accept a moderate level of risk.
TOP 10 INVESTMENTS*
CIBC 0.639% January 4, 2016
SPDR S&P 500 ETF
Imperial Tobacco Group PLC
DB X-Trackes-DAX UCITS ETF
Pfizer Inc.
Apple Inc.
General Dynamics Corporation
AT&T Inc.
SunTrust Banks Inc.
BP PLC
Total
Total Investments: 66
*Proportion of total fund value.
How has the fund performed?
%
4.1
3.1
3.0
2.8
2.6
2.6
2.5
2.3
2.2
2.2
27.4
While this fund has been in existence since February 1989, fund classes L
and M have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,167 on
December 31, 2015. This works out to an average of 14.24% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Short Term
Canadian Equities
U.S. Equities
International Equities
Other Net Assets (Liabilities)
1.1
4.1
1.9
58.1
31.9
2.9
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
32
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.25%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.20%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
33
Print this Sheet
Fund Facts
Empire Life International Equity GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
The fund legal name is International Equity Fund.
Quick Facts
Date fund created:
Managed by:
CLASS
June 2003
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
150.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
2.70%
2.73%
2.62%
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
52.34%
UNITS
OUTSTANDING
10.49
11.67
11.68
14,420
278,344
132,679
What does the fund invest in?
Who is this fund for?
This segregated fund primarily invests in developed markets such as
Europe and Asia, but may also invest in North America and in emerging
markets.
This fund may be right for a person seeking growth, wanting to invest
mostly in global stocks and is willing to accept a moderate level of risk.
TOP 10 INVESTMENTS*
Seven & i Holdings Company Limited
CSL Limited
Japan Airlines Company Limited
Prudential PLC
Unicharm Corporation
Danske Bank AS
Novo Nordisk AS 'B'
Vodafone Group PLC
Shimano Inc.
Assa Abloy AB 'B'
Total
Total Investments: 52
*Proportion of total fund value.
How has the fund performed?
%
2.4
2.3
2.3
2.3
2.3
2.3
2.3
2.2
2.2
2.2
22.8
While this fund has been in existence since June 2003, fund classes L
and M have only been in existence for one year and fund class K for less
than one year. The performance for fund class K will be reported once that
fund class has been in existence for more than one year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,173 on
December 31, 2015. This works out to an average of 14.76% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
U.S. Equities
International Equities
0.2
1.2
98.6
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
34
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.25%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.20%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
35
Print this Sheet
Fund Facts
Empire Life Emblem Diversified Income Portfolio GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
November 2014
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
18.5 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.30%
2.28%
2.35%
2.27%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
N/A
UNITS
OUTSTANDING
9.83
10.37
10.36
10.36
150,870
817,175
210,855
617,451
What does the fund invest in?
Who is this fund for?
This segregated fund invests in a mix of fixed income and equity
securities. The fund invests either directly or through one or more
secondary funds. The fund currently invests most of its assets in units of
the Empire Life Emblem Diversified Income Portfolio Mutual Fund.
This fund may be right for a person seeking current income and some
long-term capital growth with reduced volatility through a diversified
portfolio of fixed income and equity securities and is willing to accept a low
level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
Bank of Montreal 2.100% October 6, 2020
Province of Ontario 2.900% December 2, 2046
Government of Canada 1.250% February 1, 2018
Province of Ontario 2.600% June 2, 2025
Province of Quebec 3.500% December 1, 2045
Government of Canada 0.750% September 1, 2020
Government of Canada 3.500% December 1, 2045
Great-West Lifeco Inc. Floating Rate 7.127% June 26, 2068
CI Financial Corporation 2.645% December 7, 2020
CIBC Capital Trust Floating Rate 9.976% June 30, 2108
Total
*Total Investments: 277
*Proportion of secondary fund's total fund value.
How has the fund performed?
%
3.4
3.3
3.2
2.6
2.6
2.4
2.3
1.8
1.4
1.3
24.3
Fund Classes L, M and Q have only been in existence for one year and
fund class K for less than one year. The performance for fund class K will
be reported once that fund class has been in existence for more than one
year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,037 on
December 31, 2015. This works out to an average of 3.17% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
1.7
99.1
(0.8)
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
36
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.05%
Fund Class L (75/100) -
0.35%
Fund Class M (100/100) -
0.55%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.15%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
37
Print this Sheet
Fund Facts
Empire Life Emblem Conservative Portfolio GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
November 2014
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
58.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.26%
2.27%
2.28%
2.29%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
N/A
UNITS
OUTSTANDING
9.79
10.33
10.32
10.33
331,800
2,751,886
414,590
2,177,578
What does the fund invest in?
Who is this fund for?
This segregated fund invests in a mix of Canadian fixed income and
equity securities. The fund invests either directly or through one or more
secondary funds. The fund currently invests most of its assets in units of
the Empire Life Emblem Conservative Portfolio Mutual Fund.
This fund may be right for a person seeking long-term capital growth with
income with reduced volatility through a diversified portfolio of fixed
income and equity securities and is willing to accept a low to moderate
level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
Government of Canada 1.250% February 1, 2018
Government of Canada 0.750% September 1, 2020
Government of Canada 3.500% December 1, 2045
Canada Housing Trust 1.850% December 15, 2016
Province of Ontario 2.900% December 2, 2046
Province of Ontario 2.600% June 2, 2025
Government of Canada 2.250% June 1, 2025
SPDR S&P 500 ETF
Province of Quebec 3.500% December 1, 2045
iShares S&P/TSX 60 Index ETF
Total
*Total Investments: 266
*Proportion of secondary fund's total fund value.
How has the fund performed?
%
5.9
4.2
3.0
2.4
2.4
2.4
2.1
1.9
1.9
1.6
27.8
Fund Classes L, M and Q have only been in existence for one year and
fund class K for less than one year. The performance for fund class K will
be reported once that fund class has been in existence for more than one
year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,033 on
December 31, 2015. This works out to an average of 2.81% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
2.0
98.7
(0.7)
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
38
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.05%
Fund Class L (75/100) -
0.35%
Fund Class M (100/100) -
0.55%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.15%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
39
Print this Sheet
Fund Facts
Empire Life Emblem Balanced Portfolio GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
November 2014
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
73.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.36%
2.32%
2.35%
2.35%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
3.64%
UNITS
OUTSTANDING
9.78
10.38
10.38
10.38
558,707
2,928,339
808,679
2,802,917
What does the fund invest in?
Who is this fund for?
This segregated fund invests in a mix of Canadian fixed income and
equity securities. The fund invests either directly or through one or more
secondary funds. The fund currently invests most of its assets in units of
the Empire Life Emblem Balanced Portfolio Mutual Fund.
This fund may be right for a person seeking long-term capital growth with
reduced volatility through a diversified portfolio of equity and fixed income
securities and is willing to accept a low to moderate level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
Government of Canada 3.500% December 1, 2045
Government of Canada 1.250% February 1, 2018
Government of Canada 0.750% September 1, 2020
iShares S&P/TSX 60 Index ETF
Toronto-Dominion Bank
Royal Bank of Canada
SPDR S&P 500 ETF
Province of Ontario 2.900% December 2, 2046
Province of Ontario 2.600% June 2, 2025
Government of Canada 2.250% June 1, 2025
Total
*Total Investments: 266
*Proportion of secondary fund's total fund value.
How has the fund performed?
%
3.3
3.0
2.4
2.1
2.1
1.9
1.9
1.9
1.8
1.6
22.0
Fund Classes L, M and Q have only been in existence for one year and
fund class K for less than one year. The performance for fund class K will
be reported once that fund class has been in existence for more than one
year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,039 on
December 31, 2015. This works out to an average of 3.32% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
1.8
98.7
(0.5)
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
40
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.50%
Fund Class M (100/100) -
0.75%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.40%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
41
Print this Sheet
Fund Facts
Empire Life Emblem Moderate Growth Portfolio GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
November 2014
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
87.1 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.38%
2.42%
2.35%
2.40%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
2.90%
UNITS
OUTSTANDING
9.74
10.39
10.40
10.40
156,504
3,748,245
932,609
3,554,110
What does the fund invest in?
Who is this fund for?
This segregated fund invests in a mix of Canadian equity and fixed
income securities. The fund invests either directly or through one or more
secondary funds. The fund currently invests most of its assets in units of
the Empire Life Emblem Moderate Growth Portfolio Mutual Fund.
This fund may be right for a person seeking long-term capital growth with
reduced volatility through a diversified portfolio of equity and fixed income
securities and is willing to accept a low to moderate level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
Toronto-Dominion Bank
SPDR S&P 500 ETF
Royal Bank of Canada
Government of Canada 3.500% December 1, 2045
Government of Canada 0.750% September 1, 2020
iShares S&P/TSX 60 Index ETF
Bank of Montreal
Government of Canada 1.250% February 1, 2018
Province of Ontario 2.600% June 2, 2025
Canadian National Railway Company
Total
*Total Investments: 265
*Proportion of secondary fund's total fund value.
How has the fund performed?
%
2.8
2.7
2.6
2.2
1.9
1.8
1.8
1.7
1.5
1.5
20.5
Fund Classes L, M and Q have only been in existence for one year and
fund class K for less than one year. The performance for fund class K will
be reported once that fund class has been in existence for more than one
year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,039 on
December 31, 2015. This works out to an average of 3.40% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
1.9
98.4
(0.3)
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
42
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.55%
Fund Class M (100/100) -
0.75%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.50%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
43
Print this Sheet
Fund Facts
Empire Life Emblem Growth Portfolio GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100,
100/100, and Class Plus 2.1
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
November 2014
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
63.5 Million
Fund Portfolio Turnover Rate:
MATURITY/
DEATH BENEFIT
GUARANTEE (%)
MANAGEMENT
EXPENSE RATIO
(MER)
NET ASSET
VALUE PER UNIT
75/75
75/100
100/100
75/75
2.47%
2.42%
2.46%
2.45%
$
$
$
$
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
Q
November 2014
$10,000 initial, $100 per fund
*The MER for class K has been annualized.
N/A
UNITS
OUTSTANDING
9.68
10.48
10.41
10.42
75,542
1,123,705
223,517
4,664,271
What does the fund invest in?
Who is this fund for?
This segregated fund invests in a mix of Canadian equity and fixed
income securities. The fund invests either directly or through one or more
secondary funds. The fund currently invests most of its assets in units of
the Empire Life Emblem Growth Portfolio Mutual Fund.
This fund may be right for a person seeking long-term capital growth with
reduced volatility through a diversified portfolio of equity and fixed income
securities and is willing to accept a low to moderate level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
iShares S&P/TSX 60 Index ETF
Toronto-Dominion Bank
Royal Bank of Canada
Bank of Montreal
Canadian National Railway Company
Bank of Nova Scotia
Suncor Energy Inc.
CGI Group Inc.
Constellation Software Inc.
SPDR S&P 500 ETF
Total
*Total Investments: 265
*Proportion of secondary fund's total fund value.
How has the fund performed?
%
4.7
3.6
3.6
2.3
2.2
2.1
1.6
1.6
1.5
1.5
24.7
Fund Classes L, M and Q have only been in existence for one year and
fund class K for less than one year. The performance for fund class K will
be reported once that fund class has been in existence for more than one
year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,048 on
December 31, 2015. This works out to an average of 4.10% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
2.6
98.9
(1.5)
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
44
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Class Plus Fee
Fund Class K (75/75) -
0.10%
Fund Class L (75/100) -
0.55%
Fund Class M (100/100) -
0.75%
A charge to cover the GWB guarantee on the Class Plus 2.1 contract. The
fee is paid out of your contract to Empire Life monthly.
Fund Class Q (75/75) -
Excessive Trading Fee
1.50%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
45
Print this Sheet
Fund Facts
Empire Life Emblem Aggressive Growth Portfolio GIF
Empire Life Guaranteed Investment Funds 75/75, 75/100
and 100/100
As at December 31, 2015
Quick Facts
Date fund created:
Managed by:
CLASS
November 2014
Empire Life Investments Inc.
FUND CLASS
CREATED
Total Fund Value: $
MINIMUM INVESTMENT
8.4 Million
Fund Portfolio Turnover Rate:
MATURITY/
MANAGEMENT
DEATH BEENEFIT EXPENSE RATIO
GUARANTEE (%)
(MER)
K*
April 2015
$1,000 initial, $50 per fund
L
November 2014
$1,000 initial, $50 per fund
M
November 2014
$1,000 initial, $50 per fund
*The MER for class K has been annualized.
75/75
75/100
100/100
NET ASSET
VALUE PER UNIT
2.60%
2.57%
2.58%
$
$
$
9.85%
UNITS
OUTSTANDING
9.63
10.45
10.44
34,821
587,200
183,751
What does the fund invest in?
Who is this fund for?
This segregated fund invests primarily in Canadian equity securities. The
fund invests either directly or through one or more secondary funds. The
fund currently invests most of its assets in units of the Empire Life
Emblem Aggressive Growth Portfolio Mutual Fund.
This fund may be right for a person seeking long-term capital growth with
reduced volatility through a diversified portfolio of equity securities and is
willing to accept a moderate level of risk.
TOP 10 INVESTMENTS OF THE SECONDARY FUND*
Toronto-Dominion Bank
Royal Bank of Canada
Bank of Montreal
Canadian National Railway Company
Bank of Nova Scotia
Suncor Energy Inc.
iShares S&P/TSX 60 Index ETF
Brookfield Asset Management Inc.
CGI Group Inc.
Constellation Software Inc.
Total
*Total Investments: 186
*Proportion of secondary fund's total fund value.
How has the fund performed?
%
4.6
4.3
3.0
2.5
2.4
2.1
1.9
1.8
1.6
1.5
25.7
Fund Classes L and M have only been in existence for one year and fund
class K for less than one year. The performance for fund class K will be
reported once that fund class has been in existence for more than one
year.
The following information shows how fund class L of the fund has
performed. However, this doesn’t tell you how the fund will perform in the
future. Your actual return will depend on the fund class and on your
personal tax situation.
Average Return
A person who invested $1,000 on November 3, 2014 has $1,045 on
December 31, 2015. This works out to an average of 3.86% a year.
Year-by-year returns
This chart shows how the fund has performed in the past.
Investment Segmentation (%)
Cash and Cash Equivalents
Segregated/Mutual Funds
Other Net Assets (Liabilities)
1.2
98.7
0.1
How risky is it?
Are there any guarantees?
This fund is being offered under an individual variable insurance contract.
It comes with guarantees that may protect your investment if the markets
go down. There is an insurance fee charged for the guarantees. Refer to
the Information Folder for details about the guarantees and the insurance
fee.
The value of your investments can go down. Refer to the Information
Folder for more information.
46
Print this Sheet
How much does it cost?
The following table shows the fees and expenses you could pay to buy or sell units of the fund. The ongoing fees and expenses are different for each
guarantee option.
1. Sales Charges
SALES CHARGE OPTION
WHAT YOU PAY
Front End Load
Up to 5.0% of the amount
you invest.
HOW IT WORKS
You and your advisor decide on the %.
The initial sales charge is deducted from the amount you invest.
It is paid as a commission to your advisor.
No withdrawal charges.
You can transfer to other funds without paying any Front End Loads.
Back End Load
If you sell within:
%
Deferred Sales Charge (DSC)
1 year of buying
5.5
2 years of buying
5.0
3 years of buying
5.0
4 years of buying
4.0
5 years of buying
4.0
6 years of buying
3.0
7 years of buying
2.0
After 7 years
0.0
Back End Load
If you sell within:
%
Low Load Sales Charge
1 year of buying
3.0
2 years of buying
2.5
3 years of buying
2.0
After 3 years
0.0
When you invest, Empire Life pays a
commission of up to 5.0%.
The sales charge is deducted from
the amount you sell.
100% of your deposit is used to buy
units.
Depending on the plan, you can sell
up to a certain percentage of your
units each year without paying a
sales charge.
You can transfer to other funds
without paying any sales charges.
The sales charge schedule begins
on the date you first invest in a fund.
When you invest, Empire Life pays a
commission of up to 2.5%.
Any sales charge you pay goes to
Empire Life.
100% of your deposit is used to buy
units.
2. Ongoing Fund Expenses
The management expense ratio (MER) includes the management fee and operating expenses of the fund. You do not pay the MER directly. It affects
you because it reduces the return you get on your investment. Refer to the Information Folder for details about the MER.
3. Trailer Commissions
Empire Life pays a trailer commission of up to 1.25% of the value of your investments each year for as long as you hold units of the fund. The trailer
commission is for the services and advice your advisor provides to you. The trailer commission is paid by Empire Life. The rate depends on the sales
charge option you have chosen.
4. Other Fees
FEE
WHAT YOU PAY
Insurance Fee
A charge to cover the maturity and death benefit guarantees on the
Empire Life Guaranteed Investment Funds 75/75, 75/100 and 100/100
contracts. The fee is paid out of your contract to Empire Life monthly.
Excessive Trading Fee
Fund Class K (75/75) -
0.20%
Fund Class L (75/100) -
0.75%
Fund Class M (100/100) -
1.20%
Up to 2% of the value of units you sell, or transfer within 90 days of buying
them. This fee is paid to the funds.
What if I change my mind?
You can change your mind about your investment within two business days of receiving your confirmation notice. You have to tell us in writing that you
want to cancel the transaction. We will assume you have received your confirmation notice five business days after it is mailed. The amount returned will
be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and
will include a refund of any sales charges or other fees you paid.
For more information:
This summary may not contain all of the information you need. Please read the information folder and contract provisions for more details.
Contact information:
The Empire Life Insurance Company
Phone: 1-800-561-1268
Web:
http://www.empire.ca
259 King Street East
Fax:
1-866-762-6163
Email (English):
[email protected]
Kingston, Ontario, K7L 3A8
Email (French):
[email protected]
® Registered trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
47
The Empire Life Insurance Company (Empire Life) is a proud Canadian
company that has been in business since 1923. We offer individual and group
life and health insurance, investment and retirement products, including mutual
funds through our wholly-owned subsidiary Empire Life Investments Inc.
Empire Life is among the top 10 life insurance companies in Canada1 and is
rated A (Excellent) by A.M. Best Company2. Our mission is to make it simple,
fast and easy for Canadians to build wealth, generate income, and get the
insurance and group benefits coverage they need.
Follow Empire Life on Twitter @EmpireLife or visit our website,
www.empire.ca for more information.
1
2
The Globe and Mail Report on Business Magazine, June 2015, based on revenue
As at May 19, 2015
The information in this document is for general information purposes only and is not to be construed
as providing legal, tax, financial or professional advice. The Empire Life Insurance Company assumes
no responsibility for any reliance made on or misuse or omissions of the information contained in this
document. Please seek professional advice before making any decision.
Registered trademark of The Empire Life Insurance Company.
™ Trademark of The Empire Life Insurance Company.
Policies are issued by The Empire Life Insurance Company.
®
Insurance & Investments – Simple. Fast. Easy.™
www.empire.ca [email protected]
INV-941-EN-05/16