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Global Neutral Balanced
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|
NAVPS (05-01-2024) |
$8.65 |
|---|---|
| Change |
$0.01
(0.07%)
|
As at March 31, 2024
As at February 29, 2024
As at February 29, 2024
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Inception Return (January 08, 2015): 3.34%
| 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 | 2.41% | 3.88% | 10.73% | 3.88% | 6.35% | 1.85% | 2.09% | 6.20% | 2.91% | 2.87% | 2.74% | 3.59% | 2.84% | - |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | 289 / 1,734 | 1,251 / 1,734 | 1,338 / 1,710 | 1,251 / 1,734 | 1,567 / 1,683 | 1,406 / 1,616 | 1,135 / 1,433 | 1,032 / 1,357 | 1,179 / 1,300 | 1,057 / 1,165 | 922 / 1,006 | 808 / 935 | 726 / 824 | - |
| Quartile Ranking | 1 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.33% | -3.10% | 1.19% | 0.88% | -0.82% | -3.39% | -0.79% | 4.54% | 2.78% | 0.53% | 0.89% | 2.41% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
5.94% (April 2020)
-10.92% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 8.23% | 4.94% | -4.74% | 12.36% | 1.01% | 7.83% | -8.20% | 4.94% |
| 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 | - | - | 1 | 4 | 4 | 3 | 4 | 3 | 1 | 4 |
| Category Rank | - | - | 122/ 915 | 858/ 1,001 | 918/ 1,144 | 716/ 1,256 | 1,309/ 1,343 | 966/ 1,424 | 322/ 1,563 | 1,635/ 1,682 |
12.36% (2019)
-8.20% (2022)
| Name | Percent |
|---|---|
| US Equity | 33.94 |
| Foreign Corporate Bonds | 16.94 |
| International Equity | 14.47 |
| Foreign Government Bonds | 10.50 |
| Canadian Equity | 9.35 |
| Other | 14.80 |
| Name | Percent |
|---|---|
| Fixed Income | 36.75 |
| Financial Services | 10.63 |
| Utilities | 8.38 |
| Technology | 6.98 |
| Healthcare | 6.04 |
| Other | 31.22 |
| Name | Percent |
|---|---|
| North America | 70.29 |
| Europe | 20.75 |
| Asia | 5.70 |
| Latin America | 2.77 |
| Africa and Middle East | 0.50 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| NEI Global Total Return Bond Fund Series I | 16.99 |
| NEI Global Dividend RS Fund Series I | 16.97 |
| NEI U.S. Dividend Fund Series I | 15.19 |
| NEI Canadian Dividend Fund Series I | 12.02 |
| NEI Global Equity RS Fund Series I | 10.07 |
| NEI Global High Yield Bond Fund Series I | 9.98 |
| NEI Canadian Bond Fund Series I | 7.02 |
| NEI Global Impact Bond Fund I | 6.03 |
| NEI Clean Infrastructure Fund I | 5.91 |
| Canadian Dollar | 0.08 |
NEI Balanced Yield Portfolio Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.09% | 9.38% | - |
|---|---|---|---|
| Beta | 0.81% | 0.99% | - |
| Alpha | -0.01% | -0.02% | - |
| Rsquared | 0.83% | 0.73% | - |
| Sharpe | -0.03% | 0.15% | - |
| Sortino | -0.11% | 0.04% | - |
| Treynor | 0.00% | 0.01% | - |
| Tax Efficiency | - | 19.29% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.96% | 8.09% | 9.38% | - |
| Beta | 0.96% | 0.81% | 0.99% | - |
| Alpha | -0.05% | -0.01% | -0.02% | - |
| Rsquared | 0.81% | 0.83% | 0.73% | - |
| Sharpe | 0.22% | -0.03% | 0.15% | - |
| Sortino | 0.67% | -0.11% | 0.04% | - |
| Treynor | 0.02% | 0.00% | 0.01% | - |
| Tax Efficiency | 60.82% | - | 19.29% | - |
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.
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.
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.
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.
| Start Date | January 08, 2015 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $93 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT196 | ||
| NWT297 | ||
| NWT397 | ||
| NWT696 | ||
| NWT896 |
The investment objective of the Fund is to provide income and long-term capital appreciation by investing primarily in a diversified mix of yield generating equity and income mutual funds that provide exposure to markets around the world. Unitholder approval (by a majority of votes cast at a meeting of unitholders) is required prior to a fundamental change of investment objectives.
The Portfolio Manager uses strategic asset allocation as the principal investment strategy. The Portfolio Manager has the flexibility to shift its asset allocation over the short-term in response to opportunities identified in the current market environment and in order to minimize risks. The Portfolio invests primarily in a diversified mix of equity and income mutual 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 | 2.29% |
|---|---|
| Management Fee | 1.75% |
| 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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