Empire Life expands investment lineup with six new segregated funds and 10 Class Plus® 3.0 additions
EmitenTrust.com KINGSTON, ON, Oct. 19, 2026 /CNW/ -- Today, The Empire Life Insurance Company (Empire Life) announced a significant expansion of its segregated fund lineup, introducing six new Guaranteed Investment Funds (GIFs) and adding 10 funds to Class Plus
The expanded lineup is designed to give investors and their advisors more choice, broader diversification opportunities and access to investment strategies from leading managers, including Vanguard
New Empire Life Guaranteed Investment Funds
The new funds include two globally diversified equity solutions: the Empire Life Vanguard All-Equity ETF Portfolio GIF, which provides broad market exposure through a low-cost index approach, and the Empire Life Fidelity Global Equity+ GIF, which combines multiple investment styles and managers in one portfolio.
The launch also adds three Canadian equity and income options: the Empire Life Canadian High Dividend Yield Index ETF GIF, a diversified Vanguard strategy focused on dividend-paying companies; the Empire Life Fidelity Canadian Large Cap GIF, an actively managed, value-oriented strategy; and the Empire Life Fidelity Dividend GIF, which is invested in high-quality companies with strong free cash flow and balance sheets.
Rounding out the six new GIFs is the Empire Life Dynamic Premium Yield GIF, an alternative income strategy that uses options-based techniques to generate income, reduce volatility and diversify beyond traditional asset classes.
"We're committed to providing intelligent investment solutions that help Canadians achieve their financial goals." says Paul Holba, Senior Vice-President and Chief Investment Officer. "This expansion of our segregated fund lineup gives investors and their advisors greater choice, broader diversification opportunities, and access to a range of investment strategies from leading investment managers. Together, these new solutions provide additional tools to help address a variety of investor needs, from long-term growth and income generation to risk management and retirement income protection."
Additions to Empire Life Class Plus 3.0
As the only remaining traditional guaranteed minimum withdrawal plan in Canada, Empire Life Class Plus 3.0 continues to support retirees and pre-retirees with guaranteed retirement income for life. These additions mark the first time third-party managers have been added to the program and will ensure greater choice and flexibility for advisors and investors. It further demonstrates our commitment to providing guaranteed income solutions for Canadians.
Together, the new funds and the fund additions expand the tools available to address a range of client objectives, including long-term growth, income generation, diversification, risk management and retirement income protection.
Other product changes:
Empire Life is changing the name of Concentric CI Global Equity GIF to Concentric CI Global Equity Growth GIF to reflect a similar change in the underlying fund.
Empire Life has updated the risk classification for several segregated funds across the product shelf. This resulted from a periodic internal review and is reflected in recently released updated Fund Fact sheets, available on the Prices & Performance section of empire.ca.
*The risk classification for the legacy version of this fund was also changed. ^The risk classification for the Class Plus 3.0 version of this fund was also changed.
To learn more about Empire Life's segregated fund lineup, contact your advisor or visit empire.ca/our-funds/prices-performance.
® Empire Life and Empire Life logo are registered trademarks of The Empire Life Insurance Company. Vanguard is a trademark of The Vanguard Group, Inc. Fidelity and Fidelity Investments Canada are registered trademarks of 483 Bay Street Holdings LP. Dynamic is a trademark of its respective owner. All third-party trademarks are used with permission where applicable.
Policies are issued by 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. Please read the information folder, contract and fund facts before investing. Performance histories are not indicative of future performance.
About Empire Life
Established in 1923, Empire Life is a subsidiary of E-L Financial Corporation Limited. The company's mission is to provide expertise and intelligent solutions to help Canadians navigate life with confidence. As of June 30, 2026, Empire Life had total assets under management of $22 billion. Follow us on social media @EmpireLife or visit empire.ca for more information.
SOURCE The Empire Life Insurance Company