Disclaimers

Empire Life Investments Inc., a wholly owned-subsidiary of The Empire Life Insurance Company, is the Manager of Empire Life Mutual Funds and the Portfolio Manager of Empire Life Segregated Funds. The units of the Funds are available only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such units.

The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with a fund’s performance, rate of return or yield. If distributions paid by the fund are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.

Empire Life Emblem GIF Portfolios currently invest primarily in units of Empire Life Mutual Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and segregated fund investments. Investments are not guaranteed, their values change frequently, and past performance may not be repeated. 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. A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Segregated Fund policies are issued by The Empire Life Insurance Company. All products and services issued by The Empire Life Insurance Company are subject to the terms and conditions of the applicable contracts.

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

® Registered Trademark of The Empire Life Insurance Company.
Empire Life Investments Inc. is a licensed user of this trademark.