News Archive 2017

Empire Life Investments appoints Ashley Misquitta Senior Portfolio Manager, U.S. Equities

(Toronto, ON – February 13, 2017) – Empire Life Investments Inc. today announced the appointment of Ashley Misquitta, CFA, as Senior Portfolio Manager, U.S. Equities, to the Empire Life Investments team. Ashley is responsible for managing the Empire Life American Value GIF.

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Posted Date: February 13, 2017

Empire Life introduces EstateMax® 8 Pay and Optimax Wealth™ 8 Pay

New quick pay option for participating life insurance policies

(Kingston, ON – February 8, 2017) The Empire Life Insurance Company (Empire Life) (TSX: EML.PR.A) announced today it is introducing EstateMax® 8 Pay and Optimax WealthTM 8 Pay—a new payment option for participating whole life insurance policies. Customers can now pay for their participating policy in as little as eight years. The company introduced the option in response to new CRA guidelines on the taxation of life insurance products which took effect on January 1, 2017.

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Posted Date: February 8, 2017

Empire Life Investments Inc. files amended 2016 semi-annual Management Report of Fund Performance

February 7, 2017 (Toronto, Ontario) – Empire Life Monthly Income Mutual Fund incorrectly reported the trading expense ratio (TER) for the period January 1, 2016 to June 30, 3016 in its 2016 semi-annual Management Report of Fund Performance (“MRFP”) as being 1.19% instead of 0.19%. The error has been corrected and an amended MRFP has been filed on SEDAR.

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Posted Date: February 7, 2017

Empire Life Investments honoured with five FundGrade™ A+ Awards for its funds

January 30, 2017 (Toronto, Ontario)— Empire Life Investments Inc. has been recognized for its superior risk-adjusted performance, winning five 2016 Fundata FundGrade A+ Awards for its funds. Fundata picks the winners using an objective score-based calculation that determines the “best of the best” for each calendar year based solely on risk-adjusted performance.

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Posted Date: January 30, 2017