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Global Neutral Balanced
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|
NAVPS (11-22-2024) |
$10.74 |
|---|---|
| Change |
$0.06
(0.53%)
|
As at October 31, 2024
As at September 30, 2024
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Inception Return (September 29, 1989): 4.62%
| 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% | 0.73% | 6.52% | 9.42% | 22.30% | 12.17% | 1.18% | 4.12% | 4.68% | 5.27% | 3.98% | 3.95% | 3.36% | 3.08% |
| Benchmark | 0.21% | 2.39% | 9.50% | 14.01% | 22.16% | 14.87% | 4.91% | 6.20% | 6.36% | 7.25% | 6.28% | 6.58% | 6.60% | 7.43% |
| Category Average | -0.44% | 1.91% | 7.82% | 10.43% | 19.47% | 11.21% | 3.06% | 6.10% | 5.22% | 5.85% | 4.75% | 5.15% | 5.03% | 4.93% |
| Category Rank | 1,696 / 1,711 | 1,654 / 1,709 | 1,532 / 1,686 | 1,327 / 1,675 | 329 / 1,664 | 635 / 1,614 | 1,377 / 1,477 | 1,195 / 1,341 | 889 / 1,267 | 823 / 1,186 | 795 / 1,061 | 781 / 937 | 798 / 847 | 709 / 737 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 1 | 2 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.99% | 4.46% | -0.09% | 3.33% | 2.32% | -2.74% | 2.23% | 0.33% | 3.10% | 0.77% | 1.90% | -1.90% |
| Benchmark | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% |
7.92% (July 2022)
-13.41% (August 1998)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.74% | -0.85% | -0.55% | 3.83% | -5.62% | 12.64% | 11.80% | 9.96% | -16.63% | 10.04% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 1 | 2 | 4 | 2 |
| Category Rank | 560/ 642 | 684/ 765 | 855/ 865 | 880/ 949 | 960/ 1,090 | 634/ 1,202 | 174/ 1,284 | 517/ 1,367 | 1,465/ 1,504 | 718/ 1,622 |
12.64% (2019)
-16.63% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 20.51 |
| US Equity | 17.72 |
| International Equity | 17.63 |
| Foreign Government Bonds | 9.23 |
| Foreign Bonds - Other | 5.08 |
| Other | 29.83 |
| Name | Percent |
|---|---|
| Fixed Income | 38.29 |
| Mutual Fund | 23.33 |
| Industrial Goods | 10.57 |
| Technology | 7.74 |
| Basic Materials | 4.46 |
| Other | 15.61 |
| Name | Percent |
|---|---|
| North America | 77.52 |
| Europe | 19.76 |
| Asia | 1.78 |
| Latin America | 0.59 |
| Other | 0.35 |
| Name | Percent |
|---|---|
| CAD/USD FWD 20250227 | 40.01 |
| NEI Environmental Leaders Fund Series I | 35.52 |
| NEI Global Corporate Leaders Fund I | 23.33 |
| US Dollar | 0.93 |
| Fiserv 5.15% 12-Aug-2034 | 0.49 |
| International Bank Recon Dvlpt 3.88% 14-Feb-2030 | 0.42 |
| European Investment Bank 3.88% 15-Mar-2028 | 0.42 |
| Inter-American Developmnt Bank 0.34% 15-Oct-2024 | 0.42 |
| Inter-American Developmnt Bank 3.50% 14-Sep-2029 | 0.41 |
| Morgan Stanley 5.60% 24-Mar-2050 | 0.41 |
NEI Global Sustainable Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 12.68% | 11.87% | 8.89% |
|---|---|---|---|
| Beta | 1.31% | 1.33% | 0.89% |
| Alpha | -0.05% | -0.03% | -0.03% |
| Rsquared | 0.86% | 0.84% | 0.60% |
| Sharpe | -0.12% | 0.25% | 0.21% |
| Sortino | -0.12% | 0.27% | 0.07% |
| Treynor | -0.01% | 0.02% | 0.02% |
| Tax Efficiency | - | 55.08% | 21.52% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.32% | 12.68% | 11.87% | 8.89% |
| Beta | 1.41% | 1.31% | 1.33% | 0.89% |
| Alpha | -0.08% | -0.05% | -0.03% | -0.03% |
| Rsquared | 0.82% | 0.86% | 0.84% | 0.60% |
| Sharpe | 1.72% | -0.12% | 0.25% | 0.21% |
| Sortino | 4.78% | -0.12% | 0.27% | 0.07% |
| Treynor | 0.11% | -0.01% | 0.02% | 0.02% |
| Tax Efficiency | 90.07% | - | 55.08% | 21.52% |
| Start Date | September 29, 1989 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $318 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT064 | ||
| NWT10064 | ||
| NWT164 | ||
| NWT264 | ||
| NWT364 | ||
| NWT664 |
The Fund aims to generate a combination of income and capital appreciation over the long-term by investing in a globally diversified portfolio of equity and fixed income securities which fit within the Fund’s definition of responsible investing. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus. Unitholder approval (by a majority of votes cast at a meeting of unitholders) is required prior to a fundamental change of investment objectives.
To achieve its investment objective, the Fund invests in a mix of global equity and fixed income securities, either directly or indirectly through the use of derivatives, as well as securities of mutual funds and/or ETFs, including funds managed by third parties and/or those offered and managed by the Portfolio Manager.
| Name | Start Date |
|---|---|
| Hubert Aarts | 05-01-2020 |
| Peter Schwab | 05-01-2020 |
| Anthony Trzcinka | 05-01-2020 |
| Siddharth Jha | 05-01-2020 |
| Northwest & Ethical Investments L.P. | 05-01-2020 |
| 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 |
| 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 | 2.17% |
|---|---|
| Management Fee | 1.70% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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