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Empire Life launches new seg funds and introduces no load purchase option

By | November 13 2018 01:30PM

Photo: Freepik

Empire Life announced Nov. 12 that is introducing a no load purchase option to its seg fund product line up and has added four global funds to Class Plus 3.0, its guaranteed retirement income product.

The no load purchase fee option is available for Empire Life Guaranteed Investment Funds (GIF) and Class Plus 3.0. The insurer says clients can access their funds at any time without incurring withdrawal fees.

The four new global fund options are being added to Class Plus 3.0 are: Emblem Global Conservative Portfolio GIF; Emblem Global Balanced Portfolio GIF;Emblem Global Moderate Grow Portfolio GIF and Global Asset Allocation GIF.

“These enhancements provide clients with even more choices that align with their individual needs,” says Mike Stocks, Vice-President and Chief Marketing Officer, Retail. “The No Load option is ideal for clients who may be starting to save, are fee-sensitive or want flexibility to access the funds without incurring withdrawal fees. The addition of four global funds to Class Plus 3.0 gives clients the opportunity to diversify geographically to build wealth over the long term.”

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