Empire Life Asset Allocation GIF Special Fund Update
Submitted by Krishan on August 29, 2023 - 12:32pm
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| Although Global Equities have enjoyed strong performance in the first half of the year, we maintain a conservative positioning. Economic resilience has driven global equity valuations higher in the first half of the year, leading us to decrease our overall equity exposure from 57% to 54%. The fund’s fixed income duration has also been increased from 5.7 years at the beginning of the year to 6.3 years as we expect that central banks are near the end of their rate-hiking cycle. Learn more about other tactical decisions made to the fund. | |
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| Segregated Fund contracts are issued by The Empire Life Insurance Company (“Empire Life”). A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value. Please read the information folder, contract and fund facts before investing. Past performance is no guarantee of future performance. All returns are calculated after taking expenses, management and administration fees into account. FOR ADVISOR USE ONLY |
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The Empire Life Insurance Company 259 King Street East, Kingston Ontario 1 877 548-1881 info@empire.ca 8:30 am to 5:00 pm, EST weekdays You are receiving this email as a valued distribution partner with Empire Life. For advisor use only. ®/™ Registered Trademark and Trademark of The Empire Life Insurance Company Se désabonner | U |
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