Empire Life Dividend Growth GIF outperforms in a declining market

Empire Life Dividend Growth GIF outperforms in a declining market

So far this year equity markets have been extremely volatile. Over this time period, the  Empire Life Dividend Growth GIF* has behaved as expected outperforming a material decline in Canadian equity markets and an even steeper decline in equity markets globally. In this recent update, Senior Portfolio Manager, Doug Cooper discusses:

• The ongoing Russia/Ukraine conflict and the resulting economic headwinds for the region.
• How the sharp rise in interest rates led to a notable change in market leadership
• Where the fund’s flexibility helped take advantage of global opportunities

Read Doug’s commentary to find out how the conservative positioning of the Empire Life Dividend Growth GIF has allowed it to outperform the broader equity markets during some very volatile market conditions.

* The legal name of the fund is “Dividend Growth Fund”.

Empire Life Investments Inc., a wholly owned-subsidiary of The Empire Life Insurance Company, is the Manager of Empire Life Mutual Funds and the Portfolio Manager of Empire Life Segregated Funds. The units of the Funds are available only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such units. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and segregated fund investments. Investments are not guaranteed, their values change frequently, and past performance may not be repeated. 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. A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Segregated Fund policies are issued by The Empire Life Insurance Company.