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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-16-2025) |
$9.10 |
|---|---|
| Change |
$0.04
(0.46%)
|
As at April 30, 2025
As at March 31, 2025
Inception Return (January 08, 2015): 3.75%
| 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 | -2.05% | -2.36% | 0.59% | -0.22% | 9.56% | 6.40% | 4.85% | 3.22% | 5.31% | 3.35% | 3.49% | 3.11% | 4.08% | 3.41% |
| Benchmark | -2.19% | -4.23% | 1.37% | -1.63% | 11.00% | 10.11% | 8.82% | 5.03% | 6.22% | 5.84% | 6.18% | 5.77% | 6.97% | 6.59% |
| Category Average | -1.53% | -3.30% | 0.71% | -0.84% | 8.59% | 7.60% | 5.79% | 3.60% | 6.15% | 4.75% | 4.87% | 4.51% | 5.24% | 4.46% |
| Category Rank | 1,271 / 1,770 | 323 / 1,769 | 1,132 / 1,768 | 428 / 1,769 | 653 / 1,734 | 1,364 / 1,672 | 1,369 / 1,624 | 1,011 / 1,443 | 1,011 / 1,347 | 1,162 / 1,299 | 1,032 / 1,164 | 877 / 992 | 779 / 930 | 686 / 809 |
| Quartile Ranking | 3 | 1 | 3 | 1 | 2 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.39% | -0.07% | 3.77% | 0.68% | 2.28% | -0.39% | 2.65% | -1.79% | 2.20% | 1.05% | -1.36% | -2.05% |
| Benchmark | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% |
5.94% (April 2020)
-10.92% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 8.23% | 4.94% | -4.74% | 12.36% | 1.01% | 7.83% | -8.20% | 4.94% | 12.30% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | 1 | 4 | 4 | 3 | 4 | 3 | 1 | 4 | 3 |
| Category Rank | - | 112/ 891 | 842/ 974 | 898/ 1,120 | 744/ 1,240 | 1,305/ 1,331 | 990/ 1,415 | 321/ 1,557 | 1,637/ 1,671 | 1,103/ 1,724 |
12.36% (2019)
-8.20% (2022)
| Name | Percent |
|---|---|
| US Equity | 29.85 |
| International Equity | 18.67 |
| Foreign Government Bonds | 16.47 |
| Foreign Corporate Bonds | 16.28 |
| Canadian Equity | 8.89 |
| Other | 9.84 |
| Name | Percent |
|---|---|
| Fixed Income | 36.78 |
| Financial Services | 9.77 |
| Technology | 8.49 |
| Exchange Traded Fund | 8.30 |
| Healthcare | 6.69 |
| Other | 29.97 |
| Name | Percent |
|---|---|
| North America | 80.48 |
| Europe | 8.88 |
| Multi-National | 8.36 |
| Asia | 4.38 |
| Latin America | 1.89 |
| Other | -3.99 |
| Name | Percent |
|---|---|
| NEI Global Dividend RS Fund Series I | 21.21 |
| NEI U.S. Equity RS Fund Series I | 18.42 |
| NEI Global Total Return Bond Fund Series I | 14.54 |
| CAD/USD FWD 20250529 | 10.56 |
| NEI Canadian Dividend Fund Series I | 8.32 |
| iShares International Dividend Growth ETF (IGRO) | 8.32 |
| NEI Global High Yield Bond Fund Series I | 7.07 |
| NEI Global Impact Bond Fund I | 5.48 |
| iShares TIPS Bond ETF (TIP) | 5.16 |
| NEI Long Short Equity Fund Series I | 3.89 |
NEI Balanced Yield Portfolio Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.32% | 7.60% | 7.82% |
|---|---|---|---|
| Beta | 0.93% | 0.86% | 0.86% |
| Alpha | -0.03% | 0.00% | -0.02% |
| Rsquared | 0.87% | 0.81% | 0.66% |
| Sharpe | 0.14% | 0.40% | 0.25% |
| Sortino | 0.37% | 0.50% | 0.11% |
| Treynor | 0.01% | 0.04% | 0.02% |
| Tax Efficiency | 48.26% | 54.22% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.66% | 8.32% | 7.60% | 7.82% |
| Beta | 0.90% | 0.93% | 0.86% | 0.86% |
| Alpha | 0.00% | -0.03% | 0.00% | -0.02% |
| Rsquared | 0.74% | 0.87% | 0.81% | 0.66% |
| Sharpe | 0.85% | 0.14% | 0.40% | 0.25% |
| Sortino | 1.80% | 0.37% | 0.50% | 0.11% |
| Treynor | 0.06% | 0.01% | 0.04% | 0.02% |
| Tax Efficiency | 74.69% | 48.26% | 54.22% | - |
| 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) | $84 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT196 |
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.
| Portfolio Manager |
Northwest & Ethical Investments L.P.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Northwest & Ethical Investments L.P. |
| Distributor |
Aviso Financial Inc. |
| 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 | 2.28% |
|---|---|
| Management Fee | 1.75% |
| 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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