The fund seeks long-term growth and capital preservation by investing in a diverse portfolio of Canadian equities, preferred shares, treasury bills, short-term notes, debentures, bonds and other mutual funds. The funds advisor uses an asset allocation approach to analyze the economy and markets in order to determine which of the above asset classes are more likely to offer risk/return characteristics within a medium to long-term time frame. Asset mix in the portfolio follows target ranges of 30-90% equities, 10-50% fixed income securities and 0-50% money market. Such ranges allow for weighting variety in the fund within the sectors to make it suitable in a varying market environment. In achieving these ranges, EGIF may invest in either individual securities or the portfolio advisor may invest up to 100% of its assets in underlying funds.