FOR ADVISOR USE ONLY

THE EMPIRE LIFE ASSET ALLOCATION FUND SHINES IN ANY PORTFOLIO

The Empire Life Asset Allocation Fund is a proven performer. With its tactically managed blend of equities and fixed income, combined with first quartile performance, the Asset Allocation Fund will be the star of your client’s portfolios.

Empire Life Asset Allocation Fund (Class A) 1-year 3-year 5-year 10-year

Since inception

Morningstar Rating

Return (%) 0.6% 3.8% 7.3% 3.0% 5.4% 5 stars

Quartile Ranking 1 1 1 1 - -

Average Tactical Balanced Category

-0.6% 1.7% 4.4% 2.6% 4.9% -

All data as of May 31, 2018 1

Other winning facts: • 5-Star Overall Morningstar Rating™

• Available in GIF and Class Plus 3.0

• Tactical calls by the Empire Life Investment team gives the Asset Allocation Fund flexibility compared to most other segregated funds resulting in its high performance

• Suitable for investors seeking growth and income by investing in a tactically managed mix of Canadian, U.S. and international equities and fixed income

To find out more about The Empire Life Asset Allocation Fund, contact your Empire Life Sales Representative.

INV-2105-EN-06/18

Empire Life Investments Inc. is the Portfolio Manager of the Empire Life segregated funds. Empire Life Investments Inc. is a wholly-owned subsidiary of The Empire Life Insurance Company. A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value. Past performance is no guarantee of future performance.

The information in this document is for general information purposes only and is not to be construed as providing legal, tax, financial or professional advice. The Empire Life Insurance Company assumes no responsibility for any reliance on or misuse or omissions of the information contained in this document. Please seek professional advice before making any decisions.

Annual Compound Returns: Returns under 1 year are simple rates of return. All others are annual compound rates of return. All returns are calculated after taking expenses, management and administration fees into account.® Registered trademark of The Empire Life Insurance Company. Policies are issued by The Empire Life Insurance Company.All other trademarks are the property of their respective owners. 1 PALtrak as of May 31, 2018. © 2018 Morningstar Research Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Morningstar Ratings reflect performance as of May 31, 2018. Class A units are subject to change monthly. The ratings are calculated from a fund’s 3, 5, and 10-year returns measured against 91-day Treasury bill and peer group returns. For each time period the top 10% of the funds in a category get five stars, the next 22.5% four stars. The Overall Rating is a weighted combination of the 3, 5 and 10-year ratings. For greater detail see www.morningstar.ca. For Empire Life Asset Allocation Fund-A the number of Canadian Tactical Balanced funds for each period is as follows: 3-year: 198 funds, 5-year: 108 funds, 10-year: 55 funds.

FOR ADVISOR USE ONLY

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