Canada-based Empire Life Investments, a wholly owned subsidiary of The Empire Life Insurance Company has announced the availability of a new family of mutual funds.

The offering includes five Canadian funds, including a Monthly Income Fund, and five Emblem Portfolios, a diversified target risk programme.

Empire Life Investments president and chief executive officer Drew Wallace said the offering is a logical extension to the company’s wealth management business.

"We believe our mutual funds will appeal to advisors and their clients who want uncomplicated, conservatively managed solutions," Wallace added.

Distributed through independent financial advisors, the mutual funds will be managed using the same conservative, value-oriented and disciplined style, under the leadership of chief investment officer, Gaelen Morphet.

The mutual funds investors are automatically enrolled in the Empire for Life Loyalty Program, which is accessible to all Empire Life mutual fund investors and Empire Life Class segregated fund customers.