“We’re excited to offer investors these new segregated funds, leveraging the expertise of a global leader in Fidelity and the collective expertise of several prominent index and ETF providers,” says Paul Holba, Senior Vice-President and Chief Investment Officer at Empire Life Investments Inc. “These new additions bolster Empire Life’s existing segregated fund lineup to provide investors and their advisors the necessary building blocks to produce diversified portfolios to help reduce risk and build wealth.”
The other new launches are: Empire Life U.S. Large Cap Equity Index GIF, Empire Life NASDAQ 100 Index GIF, Empire Life Global Equity Index GIF, and Empire Life International Equity Index GIF.
FHSA launch
Empire Life has also launched its First Home Savings Account, the latest Canadian financial services provider to do so following their introduction in 2023 allowing qualified first-time homebuyers to contribute up to $40,000 tax-free toward the purchase of a first home.
“We recognize a growing number of Canadians share the dream of homeownership,” says Geoff Gibson, Vice-President, Investment Product & Marketing. “We’re proud to offer the Empire Life FHSA as part of our GIF contract to help advisors support their clients and help them achieve their financial goals.”