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Global Fixed Inc Balanced
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|
NAVPS (07-25-2024) |
$9.18 |
|---|---|
| Change |
$0.00
(0.02%)
|
As at June 30, 2024
As at May 31, 2024
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Inception Return (October 12, 2011): 2.89%
| 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 | 0.89% | 0.71% | 2.13% | 2.13% | 6.22% | 5.13% | -0.04% | 1.21% | 1.60% | 2.03% | 2.02% | 2.22% | 2.19% | 2.47% |
| Benchmark | 1.45% | 0.83% | 3.69% | 3.69% | 8.45% | 6.96% | 0.12% | 0.17% | 1.82% | 2.40% | 2.79% | 2.80% | 3.59% | 4.40% |
| Category Average | 0.80% | 3.12% | 3.12% | 3.12% | 7.35% | 6.20% | 0.29% | 2.51% | 2.54% | 2.81% | 2.73% | 2.98% | 2.83% | 2.91% |
| Category Rank | 310 / 965 | 602 / 955 | 816 / 955 | 816 / 955 | 763 / 913 | 755 / 897 | 544 / 814 | 641 / 771 | 587 / 735 | 476 / 639 | 435 / 588 | 380 / 518 | 320 / 423 | 230 / 335 |
| Quartile Ranking | 2 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 4 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.28% | -0.52% | -2.54% | -0.43% | 4.16% | 3.14% | -0.14% | 0.40% | 1.15% | -1.65% | 1.49% | 0.89% |
| Benchmark | 0.72% | 1.08% | -3.41% | 0.82% | 3.70% | 1.73% | 0.36% | 1.41% | 1.04% | -1.39% | 0.79% | 1.45% |
4.78% (April 2020)
-7.33% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.82% | 3.67% | 2.69% | 4.04% | -2.38% | 10.65% | 4.48% | 0.98% | -9.41% | 7.13% |
| Benchmark | 11.35% | 16.91% | 0.39% | 3.81% | 5.53% | 6.30% | 9.09% | -0.49% | -11.13% | 6.74% |
| Category Average | 6.43% | 1.21% | 4.39% | 5.49% | -2.85% | 9.97% | 7.08% | 4.51% | -11.10% | 7.71% |
| Quartile Ranking | 4 | 2 | 4 | 3 | 3 | 1 | 4 | 4 | 2 | 3 |
| Category Rank | 280/ 317 | 185/ 392 | 346/ 454 | 347/ 531 | 363/ 607 | 171/ 701 | 634/ 757 | 783/ 808 | 246/ 862 | 622/ 903 |
10.65% (2019)
-9.41% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 19.55 |
| Foreign Corporate Bonds | 16.70 |
| Canadian Corporate Bonds | 16.09 |
| Foreign Government Bonds | 14.66 |
| US Equity | 11.41 |
| Other | 21.59 |
| Name | Percent |
|---|---|
| Fixed Income | 70.16 |
| Cash and Cash Equivalent | 5.42 |
| Technology | 4.74 |
| Financial Services | 3.82 |
| Healthcare | 2.90 |
| Other | 12.96 |
| Name | Percent |
|---|---|
| North America | 110.82 |
| Europe | 20.66 |
| Asia | 5.77 |
| Latin America | 3.27 |
| Africa and Middle East | 0.54 |
| Other | -41.06 |
| Name | Percent |
|---|---|
| NEI Canadian Bond Fund Series I | 36.14 |
| NEI Global Total Return Bond Fund Series I | 22.09 |
| NEI Global Impact Bond Fund I | 12.03 |
| NEI U.S. Equity RS Fund Series I | 6.94 |
| NEI Global Dividend RS Fund Series I | 5.02 |
| NEI Global High Yield Bond Fund Series I | 5.01 |
| NEI Canadian Equity RS Fund Series I | 3.98 |
| NEI International Equity RS Fund Series I | 3.96 |
| NEI Global Equity RS Fund Series I | 1.99 |
| NEI Clean Infrastructure Fund I | 1.03 |
NEI Select Income RS Portfolio Series A
Median
Other - Global Fixed Inc Balanced
| Standard Deviation | 6.63% | 6.97% | 5.65% |
|---|---|---|---|
| Beta | 0.75% | 0.73% | 0.51% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.68% | 0.43% | 0.37% |
| Sharpe | -0.43% | -0.04% | 0.20% |
| Sortino | -0.58% | -0.22% | -0.10% |
| Treynor | -0.04% | 0.00% | 0.02% |
| Tax Efficiency | - | - | 41.23% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.45% | 6.63% | 6.97% | 5.65% |
| Beta | 0.94% | 0.75% | 0.73% | 0.51% |
| Alpha | -0.02% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.76% | 0.68% | 0.43% | 0.37% |
| Sharpe | 0.21% | -0.43% | -0.04% | 0.20% |
| Sortino | 0.91% | -0.58% | -0.22% | -0.10% |
| Treynor | 0.01% | -0.04% | 0.00% | 0.02% |
| Tax Efficiency | 72.53% | - | - | 41.23% |
| Start Date | October 12, 2011 |
|---|---|
| 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) | $253 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT024 | ||
| NWT10024 | ||
| NWT10124 | ||
| NWT10624 | ||
| NWT324 |
The Fund aims to generate a high level of income while providing some potential for capital growth by investing mostly in a mix of income oriented mutual funds and to a lesser extent, equity mutual funds. The Fund invests in a variety of other mutual funds managed by different portfolio managers/portfolio subadvisors. To achieve its objective, the Fund will invest in underlying mutual funds, which may be managed by NEI Investments.
The Portfolio Manager uses strategic asset allocation as the principal investment strategy. The Portfolio Manager selects the underlying funds based on of 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 the 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 | 1.72% |
|---|---|
| Management Fee | 1.40% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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