Equitable Life Fund         

Annual Mgmt.
Fee %

Base Insurance Fee %

Mgmt. Expense Ratio1 %

Estate Class Guarantee Fee2 %

Protection Class Guarantee Fee2 %

 

Money Market

EL Money Market Fund Select

1.17

0.06

1.35

0.15

0.20

 

Fixed Income

EL Active Canadian Bond Fund Select

1.84

0.08

2.11

0.20

0.40

 

EL Invesco Global Bond Fund Select

2.14

0.10

2.46

0.25

0.50

 

EL Mackenzie Unconstrained Fixed Income Fund Select

2.37

0.10

2.72

0.25

0.50

 

 

Balanced

EL Bissett Monthly Income and Growth Fund Select

2.37

0.10

2.67

0.25

0.55

 

EL Dynamic U.S. Monthly Income
Fund Select

2.64

0.12

3.05

0.30

0.70

 

EL Dynamic Value Balanced Fund Select

2.53

0.12

2.92

0.30

0.60

 

EL Invesco Global Balanced Fund Select

2.58

0.12

2.91

0.30

0.60

 

EL Mackenzie Canadian Growth Balanced Fund Select

2.51

0.10

2.81

0.25

0.55

 

EL Mackenzie Global Strategic Income Fund Select

2.47

0.12

2.78

0.30

0.60

 

EL Mackenzie Income Fund Select

2.57

0.08

2.88

0.20

0.50

 

EL Mackenzie Ivy Canadian Balanced Fund Select

2.51

0.12

2.82

0.30

0.60

 

EL Mackenzie Ivy Global Balanced Fund Select

2.52

0.12

2.84

0.30

0.65

 

 

Domestic Equities

EL Bissett Canadian Equity Fund Select

2.44

0.12

2.81

0.30

0.90

 

EL Bissett Dividend Income Fund Select

2.37

0.10

2.68

0.25

0.80

 

EL Canadian Stock Fund Select

2.26

0.12

2.66

0.30

0.90

 

EL Dynamic Equity Income Fund Select

2.45

0.12

2.78

0.30

0.90

 

EL Fidelity® Special Situations Fund Select

2.63

0.20

3.08

0.50

1.00

 

EL Low Volatility Canadian Equity Fund Select

2.26

0.12

2.64

0.30

0.90

 

 

Foreign Equities

EL Dynamic American Fund Select

2.67

0.16

3.12

0.40

1.00

 

EL Dynamic Global Discovery Fund Select

2.86

0.16

3.31

0.40

0.80

 

EL Invesco Europlus Fund Select

2.68

0.20

3.14

0.50

0.85

 

EL Invesco Global Companies Fund Select

2.68

0.18

3.09

0.45

0.90

 

EL Invesco International Companies Fund Select

2.49

0.16

2.87

0.40

1.00

 

 

Portfolio Funds

EL Active Balanced Growth Portfolio Select

2.07

0.12

2.55

0.30

0.65

 

EL Active Balanced Income Portfolio Select

2.05

0.10

2.48

0.25

0.55

 

EL Active Balanced Portfolio Select

2.03

0.12

2.52

0.30

0.55

 

EL Fidelity® Tactical Asset Allocation Balanced Port. Select

2.58

0.12

3.13

0.30

0.60

 

EL Fidelity® Tactical Asset Allocation Growth Port. Select

2.68

0.16

3.07

0.40

0.75

 

EL Fidelity® Tactical Asset Allocation Income Port. Select

2.49

0.12

2.99

0.30

0.60

 

EL Quotential Balanced Growth Portfolio Select

2.58

0.12

2.90

0.30

0.60

 

EL Quotential Balanced Income Portfolio Select

2.49

0.12

2.83

0.25

0.60

 

EL Quotential Diversified Equity Portfolio Select

2.72

0.16

3.12

0.40

0.80

 

EL Quotential Diversified Income Portfolio Select

2.51

0.10

2.81

0.25

0.55

 

EL Quotential Growth Portfolio Select

2.62

0.12

2.96

0.30

0.70

 

Fund Costs3

 1 MERs are based on figures as at December, 2020 and include HST and operating expenses. MERs may vary at any time. The MER is the combination of the management fee, insurance fee, operating expenses, and any applicable sales taxes of the fund, and includes the same applicable costs of the underlying fund. The Estate Class Guarantee Fee and Protection Class Guarantee Fee are in addition to the MER. For clients with larger contract values, a Management Fee reduction may be available through the Preferred Pricing Program. For details, please see section 4.7 of the Pivotal Select Contract and Information Folder.
2 The Estate Class Guarantee Fee and Protection Class Guarantee Fee are used to determine the Estate Class Fee and Protection Class Fee based on the market value of premiums deposited to the Estate Class or Protection Class and charged on a pro-rata basis to the Contract at each month-end.

Insurance Fee Limit
3 We reserve the right to increase the total Insurance Fee up to 0.5% per calendar year without Section 11.5 – “Fundamental Change” applying. The fee increase can be applied to either the base insurance fee or the Estate Class Guarantee Fee/Protection Class Guarantee Fee, or both (if both, the total cumulative increase will not exceed 0.5% per calendar year).