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NEI ESG Canadian Enhanced Index Fund Series A

Canadian Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(03-14-2025)
$30.84
Change
$0.46 (1.50%)

As at February 28, 2025

As at January 31, 2025

As at December 31, 2024

Period
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Legend

NEI ESG Canadian Enhanced Index Fund Series A

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Fund Returns

Inception Return (March 30, 2001): 5.94%

Fund Returns
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 -0.31% -0.04% 10.30% 3.36% 22.47% 14.34% 8.33% 10.70% 11.05% 8.33% 7.82% 7.38% 9.04% 6.37%
Benchmark -0.40% -0.31% 10.31% 3.06% 22.45% 15.63% 9.72% 12.23% 12.73% 11.38% 10.72% 9.76% 11.18% 8.50%
Category Average -0.29% -0.58% 7.87% 2.49% 17.19% 12.64% 8.17% 10.97% 11.01% 9.68% 8.80% 7.99% 9.18% 6.94%
Category Rank 391 / 753 272 / 751 140 / 736 224 / 751 83 / 726 239 / 705 381 / 671 393 / 599 350 / 559 466 / 542 396 / 489 356 / 461 295 / 424 325 / 392
Quartile Ranking 3 2 1 2 1 2 3 3 3 4 4 4 3 4

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 4.46% -1.67% 2.45% -1.48% 5.83% 1.21% 3.08% 1.03% 5.96% -3.30% 3.68% -0.31%
Benchmark 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40%

Best Monthly Return Since Inception

10.72% (November 2020)

Worst Monthly Return Since Inception

-17.90% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -8.74% 19.27% 8.70% -9.15% 14.75% 0.38% 24.05% -7.68% 9.07% 20.84%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking 4 2 2 2 4 3 3 4 3 2
Category Rank 323/ 388 162/ 416 126/ 459 233/ 485 509/ 531 383/ 557 315/ 592 517/ 660 491/ 699 186/ 725

Best Calendar Return (Last 10 years)

24.05% (2021)

Worst Calendar Return (Last 10 years)

-9.15% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 97.21
Income Trust Units 1.39
US Equity 0.46
Cash and Equivalents 0.44
Foreign Bonds - Other 0.40
Other 0.10

Sector Allocation

Sector Allocation
Name Percent
Financial Services 32.46
Energy 15.04
Basic Materials 14.35
Industrial Services 10.05
Technology 9.46
Other 18.64

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.91
Asia 0.09

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.27
Cash and Cash Equivalents 5.73
Shopify Inc Cl A 5.18
Toronto-Dominion Bank 3.92
Enbridge Inc 3.91
Brookfield Corp Cl A 3.09
Bank of Montreal 3.03
Agnico Eagle Mines Ltd 2.94
Canadian Pacific Kansas City Ltd 2.93
Bank of Nova Scotia 2.57

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

NEI ESG Canadian Enhanced Index Fund Series A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 13.88% 15.55% 13.04%
Beta 0.99% 0.98% 1.00%
Alpha -0.01% -0.01% -0.02%
Rsquared 1.00% 0.99% 0.97%
Sharpe 0.37% 0.60% 0.41%
Sortino 0.66% 0.80% 0.44%
Treynor 0.05% 0.10% 0.05%
Tax Efficiency 92.43% 94.85% 91.49%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.46% 13.88% 15.55% 13.04%
Beta 0.98% 0.99% 0.98% 1.00%
Alpha 0.00% -0.01% -0.01% -0.02%
Rsquared 1.00% 1.00% 0.99% 0.97%
Sharpe 1.61% 0.37% 0.60% 0.41%
Sortino 4.05% 0.66% 0.80% 0.44%
Treynor 0.17% 0.05% 0.10% 0.05%
Tax Efficiency 97.01% 92.43% 94.85% 91.49%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date March 30, 2001
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $313

Fund Codes

FundServ Code Load Code Sales Status
NWT003

Investment Objectives

The investment objective of the Fund is to achieve long-term capital growth through tracking the performance of a Canadian equity index which is focused on companies with an enhanced environmental, social and governance profile. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus. Unitholder approval (by a majority of votes cast at a meeting of unitholders) is required prior to a fundamental change of investment objectives.

Investment Strategy

The Fund starts its equity analysis with the Solactive Canada Broad Market Index, (a Free Float Market Capitalization index that covers all Canadian securities listed on the Toronto Stock Exchange which fulfill basic liquidity criteria) and then applies an ESG evaluation framework developed and maintained on an ongoing basis by NEI as part of the investment strategies of the Fund.

Portfolio Management

Portfolio Manager

Northwest & Ethical Investments L.P.

  • John Bai
  • Judith Chan
  • Will Benton
  • Adelaide Chiu
Sub-Advisor

-

Management and Organization

Fund Manager

Northwest & Ethical Investments L.P.

Custodian

Desjardins Trust Inc.

Registrar

Northwest & Ethical Investments L.P.

Distributor

Aviso Financial Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 0

Fees

MER 1.82%
Management Fee 1.40%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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