TORONTO, ONTARIO--(Marketwired - Jan. 23, 2014) - Empire Life Investments Inc. (Empire Life Investments) today announced the launch of the Empire Life Emblem Diversified Income Portfolio-part of the Emblem Portfolios program, which targets a range of risk return profiles. It is designed for conservative investors seeking predictable and diversified income.
"The Emblem Diversified Income Portfolio may be perfect for cautious income-seeking investors," said Julie Yoshikuni, V.P. Retail Investments Products & Marketing. "Providing income solutions for the growing number of Canadians in retirement is how we can help Canadians stay true to their goals."
Emblem Diversified Income Portfolio Highlights:
- Geared towards conservative investors seeking predictable income
- Target asset mix of 80/20 fixed income to equities
- Tactical asset allocation - asset mix is adjusted for market conditions
- Diversified sources of income include government, corporate, high yield bonds and dividend-paying equities
- 4% annual distribution, paid monthly(1)
This new Portfolio also qualifies for the Empire for Life Loyalty Program™
An investor holding the Empire Life Emblem Diversified Income Portfolio, for at least 10 consecutive years, is eligible to receive a distribution equal to 5% of the annual management fee. Additional investments made will also be eligible for the management fee distribution. Enrollment is automatic and starts with the first investment in any Empire Life Mutual Fund or Segregated Fund.(2)
About Empire Life Investments Inc.
Empire Life Investments Inc. is a wholly owned subsidiary of The Empire Life Insurance Company. The company manages and offers mutual funds, in addition to managing more than $10 billion(3)in general fund and segregated fund assets, and helps Canadians build wealth and protect their financial security.
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|(1)The amount of the monthly distribution is set at the beginning of each calendar year based on market outlook. Subject to change.
|(2)Segregated fund contracts are issued by The Empire Life Insurance Company.(3)As at June 2013
|Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Empire Life Investments Inc. is the Manager of the Empire Life Emblem Portfolios and Empire Life Mutual Funds (the "Portfolios" or "Funds"). The units of the Portfolios and 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.
|® Registered trademark of The Empire Life Insurance Company. Empire Life Investments Inc. is a licensed user of the trademark.