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NEI Income Private Portfolio Series W

Canadian Fix Inc Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(06-14-2024)
$8.64
Change
$0.01 (0.15%)

As at May 31, 2024

As at April 30, 2024

Period
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Legend

NEI Income Private Portfolio Series W

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Fund Returns

Inception Return (July 16, 2019): 0.87%

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 1.90% 1.64% 4.68% 1.40% 5.78% 3.26% -0.44% 0.48% - - - - - -
Benchmark 0.69% 0.14% 2.93% -0.59% 4.74% 2.34% 0.07% 1.58% 2.23% 2.88% 2.65% 2.97% 2.78% 3.20%
Category Average 1.91% 4.95% 4.95% 1.80% 6.77% 3.40% 0.53% 2.21% 2.30% 2.53% 2.20% 2.61% 2.33% 2.64%
Category Rank 212 / 418 134 / 418 251 / 417 301 / 417 313 / 415 262 / 410 329 / 386 340 / 353 - - - - - -
Quartile Ranking 3 2 3 3 4 3 4 4 - - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.50% -0.13% -0.35% -3.09% -0.37% 4.64% 3.24% -0.52% 0.28% 1.28% -1.52% 1.90%
Benchmark 0.81% -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69%

Best Monthly Return Since Inception

4.70% (April 2020)

Worst Monthly Return Since Inception

-4.90% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 7.42% 0.99% -12.07% 7.21%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking - - - - - - 2 4 4 3
Category Rank - - - - - - 152/ 351 352/ 374 350/ 390 243/ 413

Best Calendar Return (Last 10 years)

7.42% (2020)

Worst Calendar Return (Last 10 years)

-12.07% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 16.01
Canadian Corporate Bonds 15.03
Foreign Government Bonds 14.27
Foreign Corporate Bonds 14.19
US Equity 10.17
Other 30.33

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 68.16
Cash and Cash Equivalent 8.03
Technology 5.25
Financial Services 4.27
Utilities 4.03
Other 10.26

Geographic Allocation

Geographic Allocation
Name Percent
North America 88.68
Europe 7.92
Asia 7.05
Latin America 2.35
Africa and Middle East 0.39
Other -6.39

Top Holdings

Top Holdings
Name Percent
NEI Fixed Income Pool Series I 30.98
NEI Global Impact Bond Fund I 25.01
NEI Global Total Return Bond Fund Series I 13.99
NEI Managed Asset Allocation Pool I 10.05
NEI Global Equity Pool Series I 8.95
NEI Long Short Equity Fund Series I 6.93
NEI Clean Infrastructure Fund I 3.99
Canadian Dollar 0.25
Cash and Cash Equivalents -0.16

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 Income Private Portfolio Series W

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 7.32% - -
Beta 0.94% - -
Alpha -0.01% - -
Rsquared 0.95% - -
Sharpe -0.42% - -
Sortino -0.59% - -
Treynor -0.03% - -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 - -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.17% 7.32% - -
Beta 0.94% 0.94% - -
Alpha 0.01% -0.01% - -
Rsquared 0.96% 0.95% - -
Sharpe 0.14% -0.42% - -
Sortino 0.72% -0.59% - -
Treynor 0.01% -0.03% - -
Tax Efficiency 71.88% - - -

Fund Details

Start Date July 16, 2019
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $86

Fund Codes

FundServ Code Load Code Sales Status
NWT2000

Investment Objectives

The Fund’s investment objectives are to generate income while providing long-term capital growth primarily by investing directly or indirectly in fixed income securities and, to a lesser extent, in equities. To achieve its objectives, the Fund will invest in underlying mutual funds, which may be managed by NEI Investments. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus.

Investment Strategy

The Portfolio Manager uses strategic asset allocation as the principal investment strategy. The Portfolio Manager fulfills the Fund’s investment mandate primarily by investing in underlying mutual funds. The Portfolio Manager selects the underlying mutual funds based on their expected return, asset class, volatility and correlation while accounting for investment styles and other qualitative factors.

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 500
SWP Min Withdrawal 500

Fees

MER 1.46%
Management Fee 1.20%
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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