Empire Life announced Jan. 18 the addition of two new segregated funds to its existing suite of six Multi-Strategy GIFs, as well as a new standalone fund with a sustainable investing focus.
The new funds include one global equity and one global balanced fund. They are the: Empire Life Multi-Strategy Global Growth GIF and the Empire Life Multi-Strategy Global Growth Balanced Portfolio GIF.
"We are excited to offer investors two new Multi-Strategy GIFs, focused on growth, to help them achieve their financial goals," says Ian Hardacre, Senior Vice-President and Chief Investment Officer. "Through passive and active strategies, the Empire Life Multi-Strategy GIFs provide exposure across investment styles, geographies, and industry sectors to increase diversification. They are designed to complement our existing Empire Life Guaranteed Investment Funds which offer customers a value-oriented investment approach."
New standalone fund
The new standalone fund, the Empire Life Global Sustainable Equity GIF, invests in global stocks that exhibit superior environmental, social and governance (ESG) characteristics, says Empire Life. Ashley Misquitta, CFA, Senior Portfolio Manager, U.S. Equities, and David Mann, CFA, Portfolio Manager, Global Equities, will manage the fund.
"This new fund gives investors more choice and opportunity to diversify their holdings and align their investment goals with their personal preferences and social objectives," says Hardacre.
