Join Fund Library now and get free access to personalized features to help you manage your investments.

NEI Growth & Income Fund Series A

Global Equity Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-16-2024)
$5.33
Change
-$0.02 (-0.33%)

As at March 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
Loading...

Legend

NEI Growth & Income Fund Series A

Compare Options


Fund Returns

Inception Return (May 31, 1995): 5.03%

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 2.06% 3.43% 10.90% 3.43% 6.72% -0.73% -1.27% 6.43% 1.85% 1.79% 2.49% 3.66% 2.92% 3.31%
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 2.28% 14.40% 14.40% 6.54% 13.24% 5.19% 4.68% 10.12% 6.26% 5.67% 5.56% 6.20% 5.10% 5.64%
Category Rank 876 / 1,385 1,353 / 1,384 1,234 / 1,343 1,353 / 1,384 1,264 / 1,308 1,269 / 1,289 1,142 / 1,146 1,030 / 1,085 1,029 / 1,056 892 / 920 796 / 826 742 / 770 596 / 629 529 / 556
Quartile Ranking 3 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.99% -2.54% 1.91% 0.63% -0.59% -4.09% -1.95% 5.27% 3.88% 0.20% 1.13% 2.06%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

8.16% (November 2020)

Worst Monthly Return Since Inception

-13.61% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.84% 3.12% 7.90% 9.55% -6.83% 12.96% 5.71% 11.48% -18.69% 6.78%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking 4 4 1 2 4 4 3 3 4 4
Category Rank 449/ 547 519/ 620 114/ 731 388/ 824 767/ 904 803/ 988 801/ 1,083 709/ 1,135 1,193/ 1,253 1,235/ 1,303

Best Calendar Return (Last 10 years)

12.96% (2019)

Worst Calendar Return (Last 10 years)

-18.69% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 26.97
US Equity 19.24
Canadian Corporate Bonds 18.51
Canadian Government Bonds 18.11
International Equity 14.15
Other 3.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 36.81
Financial Services 11.05
Technology 8.43
Consumer Goods 6.59
Basic Materials 5.38
Other 31.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.66
Europe 8.97
Asia 4.74
Latin America 0.55
Africa and Middle East 0.09
Other -0.01

Top Holdings

Top Holdings
Name Percent
NEI Canadian Bond Fund Series I 38.08
NEI Global Equity RS Fund Series I 11.68
NEI Global Dividend RS Fund Series I 11.59
NEI Global Growth Fund Series I 11.59
Toronto-Dominion Bank 0.96
Bank of Nova Scotia 0.93
Magna International Inc 0.90
Manulife Financial Corp 0.88
Linamar Corp 0.87
Canadian Tire Corp Ltd Cl A 0.87

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 Growth & Income Fund Series A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 11.08% 12.46% 10.09%
Beta 0.97% 1.10% 0.93%
Alpha -0.07% -0.07% -0.04%
Rsquared 0.86% 0.83% 0.73%
Sharpe -0.30% 0.05% 0.24%
Sortino -0.43% -0.04% 0.10%
Treynor -0.03% 0.01% 0.03%
Tax Efficiency - - 30.05%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.15% 11.08% 12.46% 10.09%
Beta 0.94% 0.97% 1.10% 0.93%
Alpha -0.08% -0.07% -0.07% -0.04%
Rsquared 0.80% 0.86% 0.83% 0.73%
Sharpe 0.24% -0.30% 0.05% 0.24%
Sortino 0.69% -0.43% -0.04% 0.10%
Treynor 0.02% -0.03% 0.01% 0.03%
Tax Efficiency 50.81% - - 30.05%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date May 31, 1995
Instrument Type Mutual Fund (Responsible Investment, Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $227

Fund Codes

FundServ Code Load Code Sales Status
NWT106
NWT207
NWT307
NWT606
NWT806

Investment Objectives

The objective of this Fund is to provide security of capital and to increase its value through capital appreciation and reinvestment of revenues by investing primarily in a mix of (i) equity securities of Canadian and foreign companies and (ii) bonds, debentures and other securities issued by governments, financial institutions and companies in Canada and in the United States and other foreign countries.

Investment Strategy

The Portfolio Manager invests in securities and mutual funds that invest in companies that fit established investment criteria to create a portfolio of enduring quality, value, dividend and growth characteristics.

Portfolio Manager(s)

Name Start Date
Northwest & Ethical Investments L.P. 06-28-2010
Charmaine Lim Uy 11-21-2023
Mila Krassiouk 11-21-2023
Stéphane Lebrun 11-21-2023

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.73%
Management Fee 2.00%
Load Choice of Front or Back
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.