TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) — Empire Life Investments Inc., the supervisor of the Empire Life Mutual Funds (the “Manager”), is saying that, efficient December 5, 2022, it can terminate certain collection of Empire Life Emblem Diversified Income Portfolio, Empire Life Emblem Conservative Portfolio, Empire Life Emblem Balanced Portfolio, Empire Life Emblem Moderate Growth Portfolio, Empire Life Emblem Growth Portfolio, Empire Life Emblem Aggressive Growth Portfolio and Empire Life Monthly Income Mutual Fund (the “Funds”) as follows:
Empire Life Emblem Diversified Income Portfolio (Series A, T6, F);
Empire Life Emblem Conservative Portfolio (Series A, T6, F);
Empire Life Emblem Balanced Portfolio (Series A, T6, T8, F);
Empire Life Emblem Moderate Growth Portfolio (Series A, T6, T8, F);
Empire Life Emblem Growth Portfolio (Series A, T6, T8, F);
Empire Life Emblem Aggressive Growth Portfolio (Series A, T6, T8, F); and
Empire Life Monthly Income Mutual Fund (Series A, T6, T8, F).
Effective instantly, any Series A, Series T6, Series T8 and Series F of the Funds are closed to new purchases.
Investors might redeem their models of the Funds up to the shut of business on December 5, 2022. The Manager will waive any redemption charges, gross sales costs or short-term buying and selling charges for redemptions of models of the Funds.
Empire Life Investments Inc. will ship a discover to every investor within the relevant collection of the Funds concerning the termination.
About Empire Life Investments Inc.
Empire Life Investments Inc. is a wholly-owned subsidiary of The Empire Life Insurance Company. The firm manages and presents mutual funds and is the portfolio supervisor of the Empire Life segregated funds, together with the Empire Life Guaranteed Investment Funds. As of June 30, 2022 the corporate managed roughly $17 billion in property. Follow Empire Life Investments on Twitter @EmpireLifeInv or go to empirelifeinvestments.ca for extra data.
This information launch comprises forward-looking statements that contain dangers and uncertainties. These statements replicate Empire Life Investments Inc. present expectations however are topic to numerous dangers and uncertainties. Due to the numerous dangers and uncertainties, Empire Life Investments Inc. can not guarantee that the forward-looking statements contained on this information launch can be realized.
Documents (together with press releases) concerning the varied funding funds which are managed or suggested by Empire Life Investments Inc. are offered for data functions solely and can’t be relied on to be full, exhaustive or error-free until the whole set of paperwork for any given funding fund with respect to which data is being sought is reviewed after which solely on SEDAR (www.sedar.com).
Contact:
Sherif Farid
Director, Investment Marketing and Communications
Empire Life
[email protected]
416 945 7466
