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NEI Conservative Yield Portfolio Series P

Global Fixed Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(06-14-2024)
$8.73
Change
$0.00 (0.03%)

As at May 31, 2024

As at April 30, 2024

Period
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NEI Conservative Yield Portfolio Series P

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Fund Returns

Inception Return (January 27, 2016): 3.07%

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 1.44% 1.36% 4.68% 1.59% 6.08% 2.83% 0.86% 2.32% 2.27% 2.20% 2.04% 2.67% - -
Benchmark 0.79% 0.42% 3.97% 2.21% 5.60% 4.83% 0.41% -0.18% 1.48% 2.33% 2.01% 2.75% 3.34% 4.17%
Category Average 1.87% 5.44% 5.44% 2.31% 7.45% 3.64% 0.41% 2.67% 2.68% 2.73% 2.47% 2.97% 2.59% 2.89%
Category Rank 870 / 942 556 / 942 735 / 941 763 / 942 731 / 896 713 / 883 346 / 799 401 / 756 406 / 722 399 / 621 344 / 576 278 / 517 - -
Quartile Ranking 4 3 4 4 4 4 2 3 3 3 3 3 - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.58% 0.44% -0.51% -2.43% -0.47% 3.84% 3.04% 0.01% 0.21% 1.58% -1.63% 1.44%
Benchmark -1.21% 0.72% 1.08% -3.41% 0.82% 3.70% 1.73% 0.36% 1.41% 1.04% -1.39% 0.79%

Best Monthly Return Since Inception

4.98% (April 2020)

Worst Monthly Return Since Inception

-8.69% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 4.75% -3.22% 10.00% 3.58% 2.68% -6.95% 5.89%
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 - - - 2 4 2 4 4 1 4
Category Rank - - - 250/ 530 485/ 605 256/ 689 678/ 744 648/ 795 30/ 849 796/ 890

Best Calendar Return (Last 10 years)

10.00% (2019)

Worst Calendar Return (Last 10 years)

-6.95% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 23.33
Foreign Government Bonds 22.03
US Equity 15.57
Canadian Government Bonds 9.10
Cash and Equivalents 8.24
Other 21.73

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 66.89
Cash and Cash Equivalent 8.23
Financial Services 5.13
Consumer Goods 2.80
Healthcare 2.68
Other 14.27

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.57
Europe 6.70
Asia 6.51
Latin America 4.87
Africa and Middle East 0.82
Other -10.47

Top Holdings

Top Holdings
Name Percent
NEI Global Total Return Bond Fund Series I 33.92
NEI Global Impact Bond Fund I 19.97
NEI Canadian Bond Fund Series I 14.97
NEI Global Dividend RS Fund Series I 9.99
NEI U.S. Dividend Fund Series I 9.00
NEI Global High Yield Bond Fund Series I 5.99
NEI Canadian Dividend Fund Series I 5.98
Cash and Cash Equivalents 0.09
NMF Rental Housing Fund I LP 0.06
Canadian Dollar 0.03

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

NEI Conservative Yield Portfolio Series P

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 6.36% 7.20% -
Beta 0.68% 0.66% -
Alpha 0.01% 0.01% -
Rsquared 0.63% 0.33% -
Sharpe -0.29% 0.06% -
Sortino -0.42% -0.09% -
Treynor -0.03% 0.01% -
Tax Efficiency - 22.33% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.19% 6.36% 7.20% -
Beta 0.82% 0.68% 0.66% -
Alpha 0.01% 0.01% 0.01% -
Rsquared 0.67% 0.63% 0.33% -
Sharpe 0.20% -0.29% 0.06% -
Sortino 0.89% -0.42% -0.09% -
Treynor 0.02% -0.03% 0.01% -
Tax Efficiency 73.43% - 22.33% -

Fund Details

Start Date January 27, 2016
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $131

Fund Codes

FundServ Code Load Code Sales Status
NWT8198

Investment Objectives

The investment objective of the Fund is to provide income and some long-term capital appreciation by investing primarily in income mutual funds and also in yield generating equity 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.

Investment Strategy

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(s)

Name Start Date
Will Benton 07-16-2019
John Bai 06-08-2021
Judith Chan 07-07-2022

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100,000
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.57%
Management Fee 1.25%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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