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Global Neutral Balanced
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|
NAVPS (10-16-2024) |
$8.81 |
|---|---|
| Change |
$0.00
(-0.02%)
|
As at September 30, 2024
As at August 31, 2024
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Inception Return (December 14, 2009): 4.94%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.85% | 5.44% | 6.87% | 11.38% | 19.54% | 12.35% | 2.89% | 4.30% | 4.27% | 4.43% | 4.46% | 4.37% | 4.53% | 4.37% |
| Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
| Category Average | 1.80% | 6.15% | 6.15% | 10.92% | 18.92% | 12.72% | 3.80% | 5.79% | 5.42% | 5.29% | 5.18% | 5.15% | 5.35% | 5.04% |
| Category Rank | 925 / 1,720 | 649 / 1,719 | 473 / 1,688 | 838 / 1,688 | 798 / 1,664 | 1,030 / 1,627 | 1,168 / 1,481 | 1,154 / 1,349 | 1,042 / 1,278 | 916 / 1,173 | 781 / 1,047 | 695 / 943 | 660 / 850 | 550 / 734 |
| Quartile Ranking | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.81% | 5.08% | 2.97% | 0.52% | 1.81% | 1.84% | -1.64% | 1.93% | 1.09% | 3.13% | 0.38% | 1.85% |
| Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
6.26% (April 2020)
-7.75% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.93% | 4.86% | 3.41% | 5.96% | -3.57% | 12.98% | 7.72% | 5.44% | -12.35% | 8.97% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 2 | 2 | 4 | 3 | 3 |
| Category Rank | 536/ 653 | 412/ 776 | 620/ 876 | 679/ 960 | 687/ 1,101 | 551/ 1,213 | 643/ 1,295 | 1,285/ 1,380 | 1,084/ 1,517 | 1,036/ 1,635 |
12.98% (2019)
-12.35% (2022)
| Name | Percent |
|---|---|
| US Equity | 27.56 |
| International Equity | 18.81 |
| Canadian Equity | 11.81 |
| Foreign Corporate Bonds | 9.93 |
| Canadian Government Bonds | 8.98 |
| Other | 22.91 |
| Name | Percent |
|---|---|
| Fixed Income | 35.16 |
| Technology | 11.89 |
| Financial Services | 8.56 |
| Healthcare | 6.75 |
| Cash and Cash Equivalent | 5.32 |
| Other | 32.32 |
| Name | Percent |
|---|---|
| North America | 71.86 |
| Europe | 19.60 |
| Asia | 5.99 |
| Latin America | 2.10 |
| Africa and Middle East | 0.31 |
| Other | 0.14 |
| Name | Percent |
|---|---|
| NEI Canadian Bond Fund Series I | 16.77 |
| NEI U.S. Equity RS Fund Series I | 14.00 |
| NEI Global Total Return Bond Fund Series I | 13.66 |
| NEI Global Equity RS Fund Series I | 7.41 |
| NEI International Equity RS Fund Series I | 7.10 |
| NEI Canadian Equity RS Fund Series I | 6.65 |
| NEI Global Dividend RS Fund Series I | 5.17 |
| NEI Global High Yield Bond Fund Series I | 4.88 |
| NEI Global Impact Bond Fund I | 3.88 |
| NEI Global Value Fund Series I | 3.66 |
NEI Select Balanced RS Portfolio Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.76% | 8.97% | 7.45% |
|---|---|---|---|
| Beta | 0.93% | 1.02% | 0.84% |
| Alpha | -0.02% | -0.02% | -0.02% |
| Rsquared | 0.91% | 0.87% | 0.77% |
| Sharpe | -0.01% | 0.26% | 0.40% |
| Sortino | 0.04% | 0.25% | 0.30% |
| Treynor | 0.00% | 0.02% | 0.04% |
| Tax Efficiency | 20.47% | 50.49% | 48.74% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.24% | 8.76% | 8.97% | 7.45% |
| Beta | 0.98% | 0.93% | 1.02% | 0.84% |
| Alpha | -0.02% | -0.02% | -0.02% | -0.02% |
| Rsquared | 0.88% | 0.91% | 0.87% | 0.77% |
| Sharpe | 2.15% | -0.01% | 0.26% | 0.40% |
| Sortino | 7.01% | 0.04% | 0.25% | 0.30% |
| Treynor | 0.14% | 0.00% | 0.02% | 0.04% |
| Tax Efficiency | 88.83% | 20.47% | 50.49% | 48.74% |
| Start Date | December 14, 2009 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program, Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,118 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT019 | ||
| NWT10019 | ||
| NWT10319 | ||
| NWT10619 | ||
| NWT119 |
The Fund’s investment objective is to provide long-term capital growth and preservation of capital through exposure to foreign and Canadian equity securities and exposure to foreign and Canadian fixed income securities and money market securities. To achieve its objective, the Fund will invest in underlying mutual funds, which may be managed by NEI Investments. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus.
The Portfolio Manager uses strategic asset allocation as the principal investment strategy. The Portfolio Manager selects the underlying funds based on their expected return, volatility and correlation while accounting for investment styles and other qualitative factors. The Portfolio Manager may, in its sole discretion, modify the asset mix, change percentage holdings of any underlying fund, remove any underlying fund or add additional underlying funds.
| Name | Start Date |
|---|---|
| Will Benton | 07-16-2019 |
| John Bai | 06-08-2021 |
| Judith Chan | 07-07-2022 |
| Fund Manager | Northwest & Ethical Investments L.P. |
|---|---|
| Advisor | Northwest & Ethical Investments L.P. |
| Custodian | Desjardins Trust Inc. |
| Registrar | Northwest & Ethical Investments L.P. |
| Distributor | Credential Asset Management Inc. |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.30% |
|---|---|
| Management Fee | 1.90% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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