Portfolio Manager Appointment for Canadian Small Cap Mandates

Virginia Wai-Ping, CFA, has been appointed Portfolio Manager for the Empire Life Small Cap Fund1, available to segregated fund investors, and the Empire Life Small Cap Equity Mutual Fund2, available to mutual fund investors, (collectively the “Funds”), effective April 29, 2013.

Virginia has more than 25 years of investment industry experience. She currently manages the equity portion of the Empire Life Monthly Income Mutual Fund and has held progressive roles at various bank owned and private investment firms. She was awarded “Fund Manager of the Year” honours in the Small- to Mid-Cap category at the 2000 Canadian Mutual Fund Awards.

The Funds will continue to be managed using our disciplined value-oriented, conservative investment philosophy and approach.


1 Segregated fund contracts 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.

2 Empire Life Investments Inc. is the Manager and the Portfolio Manager of the Empire Life Mutual Funds and is a wholly owned subsidiary of The Empire Life Insurance Company. Commission, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please consult with your investment advisor before you invest.