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High Yield Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-17-2025) |
$5.41 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at March 31, 2025
As at February 28, 2025
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Inception Return (June 22, 2005): 3.60%
| 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 | -1.53% | 0.16% | -0.46% | 0.16% | 3.95% | 5.94% | 2.52% | 1.49% | 4.72% | 2.62% | 2.45% | 2.29% | 3.54% | 2.67% |
| Benchmark | -0.24% | 2.07% | 7.42% | 2.07% | 14.89% | 12.97% | 9.77% | 5.80% | 6.82% | 5.24% | 5.48% | 5.18% | 6.47% | 5.95% |
| Category Average | -0.97% | 0.59% | 1.02% | 0.59% | 6.09% | 6.81% | 3.23% | 1.98% | 5.09% | 2.99% | 2.96% | 2.91% | 3.72% | 2.99% |
| Category Rank | 210 / 246 | 209 / 243 | 239 / 243 | 209 / 243 | 237 / 241 | 221 / 235 | 201 / 229 | 186 / 226 | 179 / 217 | 177 / 210 | 163 / 187 | 154 / 175 | 133 / 167 | 128 / 157 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.80% | 0.82% | 0.76% | 1.39% | 1.18% | 1.03% | -0.48% | 0.79% | -0.92% | 1.32% | 0.39% | -1.53% |
| Benchmark | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% |
8.24% (April 2009)
-18.77% (October 2008)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -4.62% | 13.57% | 5.62% | -6.07% | 11.75% | 4.03% | 3.58% | -11.12% | 10.27% | 4.85% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | 3 | 2 | 2 | 4 | 2 | 3 | 3 | 4 | 2 | 4 |
| Category Rank | 112/ 151 | 69/ 166 | 67/ 174 | 185/ 185 | 86/ 209 | 134/ 216 | 136/ 220 | 176/ 229 | 91/ 235 | 232/ 241 |
13.57% (2016)
-11.12% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 91.94 |
| Cash and Equivalents | 7.66 |
| Canadian Corporate Bonds | 0.22 |
| Foreign Government Bonds | 0.17 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 92.33 |
| Cash and Cash Equivalent | 7.67 |
| Name | Percent |
|---|---|
| North America | 99.19 |
| Europe | 0.82 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 1.67 |
| Ladder Capital Fnce Hldgs LLLP 4.75% 15-Jun-2029 | 1.10 |
| US Dollar | 1.09 |
| Medline Borrower LP 3.88% 01-Apr-2029 | 1.05 |
| Sunrise HoldCo IV BV 5.50% 15-Jan-2028 | 1.03 |
| Olympus Water US Holding Corp 6.25% 01-Oct-2029 | 0.99 |
| Tenet Healthcare Corp 6.13% 15-Jun-2030 | 0.98 |
| Smyrna Ready MIX Concrete LLC 6.00% 01-Nov-2028 | 0.95 |
| Dish Network Corp 11.75% 15-Nov-2027 | 0.85 |
| Transocean Inc 8.50% 15-May-2031 | 0.84 |
NEI Global High Yield Bond Fund Series A
Median
Other - High Yield Fixed Income
| Standard Deviation | 8.26% | 7.36% | 7.14% |
|---|---|---|---|
| Beta | 0.97% | 0.77% | 0.60% |
| Alpha | -0.06% | 0.00% | -0.01% |
| Rsquared | 0.51% | 0.44% | 0.31% |
| Sharpe | -0.13% | 0.34% | 0.17% |
| Sortino | -0.03% | 0.38% | -0.02% |
| Treynor | -0.01% | 0.03% | 0.02% |
| Tax Efficiency | - | 47.60% | 18.19% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.45% | 8.26% | 7.36% | 7.14% |
| Beta | 0.19% | 0.97% | 0.77% | 0.60% |
| Alpha | 0.01% | -0.06% | 0.00% | -0.01% |
| Rsquared | 0.04% | 0.51% | 0.44% | 0.31% |
| Sharpe | 0.01% | -0.13% | 0.34% | 0.17% |
| Sortino | 0.38% | -0.03% | 0.38% | -0.02% |
| Treynor | 0.00% | -0.01% | 0.03% | 0.02% |
| Tax Efficiency | 39.62% | - | 47.60% | 18.19% |
| Start Date | June 22, 2005 |
|---|---|
| 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) | $361 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT10142 |
The investment objective of this Fund is to provide a high level of current income while maintaining security of capital. The Fund invests primarily in a diversified portfolio of high-yield, higher risk, global corporate bonds and notes and may also invest in other fixed income investments with similar characteristics.
The Portfolio Sub-Advisor uses an investment strategy that focuses on providing added value through rigorous fundamental research, a global perspective, and dynamic risk management. The Portfolio Sub-Advisor focuses on fundamental credit research and uses a factor/variable framework to determine buy candidates and sector weighting.
| Portfolio Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Sub-Advisor |
Principal Global Investors, LLC
|
| 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 | 2.00% |
|---|---|
| Management Fee | 1.50% |
| 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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