The funds add to the firm's suite of investment solutions for diversification
The Empire Life Insurance Company has launched two new segregated funds with exposure to global growth-focused securities.
The funds are available under the firm’s Guaranteed Investment Fund contract and add to the firm’s range of solutions for investors seeking investment style diversification, along with the Multi-Strategy Growth GIFs that it launched in 2022.
The new funds are: Empire Life Global Growth GIF and Empire Life Canoe Global Equity GIF.
Empire Life Global Growth GIF is managed by Empire Life Investments Inc., and the underlying fund of Empire Life Canoe Global Equity GIF is managed by Canoe Financial.
"We're excited to offer investors two new segregated funds, focused on growth, to help them achieve their financial goals," says Paul Holba, senior vice-president, and chief investment officer. "Utilizing our internal expertise and seeking opportunities with third-party managers expands our ability to offer choice and diversification opportunities within our segregated fund contract."
Canada Life has also boosted its range of seg funds this week, focused on sustainable investing.
