TORONTO, Jan. 26, 2018 (GLOBE NEWSWIRE) -- Empire Life Investments Inc. has been recognized once again for its risk-adjusted performance, winning five 2017 Fundata FundGrade A+ Awards for its segregated funds. Fundata picks the winners using an objective score-based calculation that determines the “best of the best” for each calendar year based solely on risk-adjusted performance.

Empire Life Asset Allocation Fund¹
Empire Life Canadian Equity Fund¹
Empire Life Elite Balanced Fund¹
Empire Life Equity Growth Fund #3^{1, 2}
Empire Life Premier Equity Fund^{1, 2}

“It is a great honour to be recognized again this year by Fundata for our segregated funds”, said Ian Hardacre, MBA, CFA, Senior Vice-President and Chief Investment Officer, Empire Life Investments Inc. “Our goal to help preserve and build wealth for investors is supported by our team-based approach where sharing ideas leads to better investment decisions. The team continues to use a conservative, value-oriented and disciplined investment style, with an emphasis on downside protection”.

About the Fundata FundGrade A + Rating
The FundGrade A+ rating is used with permission from Fundata Canada Inc., all rights reserved. Fundata is a leading provider of market and investment funds data to the Canadian financial services industry and business media. The FundGrade A+ rating identifies funds that have consistently demonstrated the best risk-adjusted returns throughout an entire calendar year. For more information on the rating system, please visit www.Fundata.com/ProductsServices/FundGrade.aspx.

About Empire Life
Established in 1923 and a subsidiary of E-L Financial Corporation Limited, Empire Life provides individual and group life and health insurance, investment and retirement products to Canadians The company’s mission is to make it simple, fast and easy for Canadians to get the investment, insurance and group benefits coverage they need to build wealth, generate income and achieve financial security. As of September 30, 2017 Empire Life had total assets under management of $16.8 billion. Follow Empire Life on Twitter @EmpireLife or visit www.empire.ca for more information.

About Empire Life Investments Inc.
Empire Life Investments Inc. is a wholly-owned subsidiary of The Empire Life Insurance Company. The company manages and offers mutual funds and is the portfolio manager of the Empire Life segregated funds. Follow Empire Life Investments Inc. on Twitter @EmpireLifeInv or visit www.empirelifeinvestments.ca for more information.

¹ Segregated funds issued by The Empire Life Insurance Company. ² New deposits available only to existing plan holders

Contact: Antonietta Stabile 416 945-7466 or antonietta.stabile@empire.ca

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