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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-02-2025) |
$9.35 |
|---|---|
| Change |
$0.04
(0.42%)
|
As at March 31, 2025
As at February 28, 2025
Inception Return (July 16, 2019): 4.31%
| 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 | -2.60% | -0.51% | 1.44% | -0.51% | 8.71% | 9.45% | 5.41% | 4.20% | 6.24% | - | - | - | - | - |
| Benchmark | -2.06% | 0.58% | 3.86% | 0.58% | 11.71% | 12.04% | 7.91% | 5.78% | 7.63% | 6.63% | 6.42% | 6.59% | 7.01% | 6.53% |
| Category Average | -1.86% | 0.71% | 1.83% | 0.71% | 8.09% | 9.11% | 4.88% | 4.42% | 7.75% | 5.33% | 5.11% | 4.96% | 5.42% | 4.54% |
| Category Rank | 1,489 / 1,770 | 1,560 / 1,769 | 1,361 / 1,759 | 1,560 / 1,769 | 953 / 1,725 | 889 / 1,673 | 829 / 1,610 | 974 / 1,424 | 1,139 / 1,346 | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.57% | 2.45% | 1.27% | 2.91% | 0.19% | 1.79% | -0.19% | 2.97% | -0.80% | 2.22% | -0.06% | -2.60% |
| Benchmark | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% |
5.26% (April 2020)
-6.75% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 6.63% | 6.94% | -11.63% | 9.75% | 13.62% |
| 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 | - | - | - | - | - | 3 | 4 | 3 | 2 | 2 |
| Category Rank | - | - | - | - | - | 796/ 1,332 | 1,151/ 1,416 | 994/ 1,558 | 820/ 1,672 | 784/ 1,725 |
13.62% (2024)
-11.63% (2022)
| Name | Percent |
|---|---|
| US Equity | 26.58 |
| International Equity | 14.35 |
| Canadian Equity | 14.08 |
| Foreign Government Bonds | 10.84 |
| Canadian Government Bonds | 9.68 |
| Other | 24.47 |
| Name | Percent |
|---|---|
| Fixed Income | 38.82 |
| Technology | 15.18 |
| Financial Services | 12.04 |
| Consumer Services | 6.42 |
| Cash and Cash Equivalent | 5.71 |
| Other | 21.83 |
| Name | Percent |
|---|---|
| North America | 77.58 |
| Europe | 21.48 |
| Asia | 5.00 |
| Latin America | 1.37 |
| Africa and Middle East | 0.18 |
| Other | -5.61 |
| Name | Percent |
|---|---|
| NEI Global Equity Pool Series I | 35.47 |
| NEI Managed Asset Allocation Pool I | 13.94 |
| NEI Global Total Return Bond Fund Series I | 12.52 |
| NEI Fixed Income Pool Series I | 11.83 |
| NEI Long Short Equity Fund Series I | 8.65 |
| NEI Global Impact Bond Fund I | 7.45 |
| NEI Canadian Equity Pool Series I | 7.40 |
| NEI Global High Yield Bond Fund Series I | 2.44 |
| Canadian Dollar | 0.24 |
| Cash and Cash Equivalents | 0.06 |
NEI Balanced Private Portfolio Series W
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.12% | 7.67% | - |
|---|---|---|---|
| Beta | 0.90% | 0.91% | - |
| Alpha | -0.02% | -0.01% | - |
| Rsquared | 0.95% | 0.92% | - |
| Sharpe | 0.21% | 0.52% | - |
| Sortino | 0.48% | 0.68% | - |
| Treynor | 0.02% | 0.04% | - |
| Tax Efficiency | 61.69% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.34% | 8.12% | 7.67% | - |
| Beta | 1.01% | 0.90% | 0.91% | - |
| Alpha | -0.03% | -0.02% | -0.01% | - |
| Rsquared | 0.94% | 0.95% | 0.92% | - |
| Sharpe | 0.73% | 0.21% | 0.52% | - |
| Sortino | 1.55% | 0.48% | 0.68% | - |
| Treynor | 0.05% | 0.02% | 0.04% | - |
| Tax Efficiency | 77.34% | 61.69% | - | - |
| 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) | $627 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT2002 |
The Fund’s investment objectives are to provide long-term capital growth and generate some income primarily by investing directly or indirectly in equity and fixed income securities. 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.
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, volatility, asset class and correlation while accounting for investment styles and other qualitative factors.
| 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 | 100,000 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 500 |
| MER | 2.13% |
|---|---|
| Management Fee | 1.55% |
| 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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